Construction, Mining & Forestry Machinery & Equipment Rental & Leasing Industry

NAICS: 532412

For additional companies see the Commercial & Industrial Machinery & Equipment Rental & Leasing Industry

Construction, Mining & Forestry Machinery & Equipment Rental & Leasing Market Share: Largest Companies in the Construction, Mining & Forestry Machinery & Equipment Rental & Leasing Industry

Company	Headquarters	Revenue ($ MM)
HERC RENTALS	Raleigh, NC	100
SUNSTATE EQUIPMENT	Phoenix, AZ	34
FLORIDA BC HOLDINGS	Coral Gables, FL	6
SYNERGY RENTS	Tampa, FL	5
STRAITLINE PUMPS	San Antonio, TX	3
ABLE EQUIPMENT RENTAL	Deer Park, NY	3
CIRCLE 8 CRANE SERVICES	Robstown, TX	3
MCCLUNG-LOGAN EQUIPMENT	Baltimore, MD	3
BOTTOM LINE EQUIPMENT	Saint Rose, LA	2
MONCON	Mount Vernon, NY	2
EQUIPOS EBI	Las Piedras, PR	2
GREG BEECHE LOGISTICS	Waterford, NY	1
DERKS CRANE & HOIST SERVICES	Allendale, MI	1
NATIONAL TANK & EQUIPMENT	Pasadena, TX	1
BIG D CONSTRUCTION	Midland, TX	1
JOHNNA	Las Vegas, NV	1
E TANK	Massillon, OH	1
RIVER RENTAL TOOLS	Belle Chasse, LA	1
SMITH LAYDOWN & CASING SERVICES	Odessa, TX	1

This is a list of the largest companies active in the Construction, Mining & Forestry Machinery & Equipment Rental & Leasing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Construction, Mining & Forestry Machinery & Equipment Rental & Leasing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Construction, Mining & Forestry Machinery & Equipment Rental & Leasing Companies

A list of competitors in the Construction, Mining & Forestry Machinery & Equipment Rental & Leasing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Construction, Mining & Forestry Machinery & Equipment Rental & Leasing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Construction, Mining & Forestry Machinery & Equipment Rental & Leasing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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