United Rentals Enters Joint Venture with Fluor Unit

United Rentals, Inc., Greenwich, Conn., has formed a joint venture with Fluor Corporation's AMECO unit to offer comprehensive equipment and tool solutions for ongoing plant maintenance and turnaround activities. The joint venture will initially support the oil and gas industry in the Gulf Coast region.

“We are excited to join with AMECO to offer more inclusive solutions to customers and create opportunities that may not otherwise exist,” said Michael Kneeland, United Rentals CEO. “This partnership allows both companies to expand their presence in the energy market while remaining focused on core competencies.  For our customers, an integrated source of supply means greater productivity.”

AMECO's expertise in providing project tools and site services, coupled with a world-class safety culture is a complementary fit with United Rentals' rental fleet infrastructure and technology capabilities, said Gary Bernardez, AMECO president. “The combined resources of the two companies will provide a seamless, one-stop shop for oil and gas customers at their project sites throughout the Gulf Coast region,” he added.

The joint venture plans to provide full turnkey services and comprehensive offerings along with an industry-leading safety program. It will offer customized solutions based on customers' needs with the ability to scale to appropriate levels quickly and nimbly.