Volvo Rents Expands California Footprint with New Store | Daily Construction News
Volvo Rents has opened a new rental center in Turlock, California. This is the latest move in the company’s continued expansion of its California rental business portfolio, increasing its statewide total to 14 rental centers.
It also comes on the heels of a forecast by economists at IHS Global Insight that says California will lead the pack in a nationwide construction recovery through 2016. According to IHS stats, California will have the most construction dollars spent ($723 billion); will have the largest gain in yearly spending dollars ($76.40 billion); and have the third highest annual average percentage gain (15.6%).
“There’s evidence showing a bit of sunshine for the construction industry that has seen too much rain. Yes, it’s being done in moderation and gradually, but the numbers are there,” said Mike Crouch, vice president of business development for Volvo Rents. “We couldn’t be more excited about further expanding our California footprint and providing the necessary equipment and services that will no doubt accelerate the projected recovery.”