Equipment Rental

Helmerich & Payne Corporate Office

Helmerich & Payne (H&P) was founded in 1920 by Walter Helmerich II and William Payne in Tulsa, Oklahoma.

The company operates in North America, South America, the Middle East, and Africa as a contract drilling company, providing drilling equipment, rigs, camps and personnel to explore and develop oil and gas both onshore and offshore.

H&P is also involved in commercial real estate including shopping centers and industrial warehouse properties.

Helmerich & Payne trades publicly on the New York Stock Exchange under the ticker symbol HP, is #671 in the Fortune 1000, has 11,901 employees, and had $3.72 billion in revenue in 2013.

Helmerich & Payne

Helmerich & Payne (H&P) was founded in 1920 by Walter Helmerich II and William Payne in Tulsa, Oklahoma.

H&P is also involved in commercial real estate including shopping centers and industrial warehouse properties.

History

Helmerich & Payne trades publicly on the New York Stock Exchange under the ticker symbol HP, is #671 in the Fortune 1000, has 11,901 employees, and had $3.72 billion in revenue in 2013.

REI Corporate Office

Recreational Equipment Incorporated, commonly known as REI, was founded by Lloyd and Mary Anderson in 1938 in Seattle, Washington. They had imported an ice axe from Austria and decided to set up a cooperative to help other people buy quality outdoor recreational equipment at reasonable prices.

At first the company was known as REI Co-op and was primarily focused on equipment for backpackers, climbers, and mountaineering expeditions.

In the 1980’s the company’s focus changed to family camping, kayaking, bicycling, and other outdoor sports. Sport-casual clothing also became an important part of the product line at this time.

REI still operates as a co-op for its members, but this title has been dropped as it also does business with the general public whether they are members or not.

REI has repeatedly been ranked in the top 100 of Fortune’s Top 100 Companies to Work for in the United States, finally earning the #8 spot in the Fortune’s Best Companies to Work For: All Stars in 2013.

REI has 11.6 million members, over 11,000 employees, and had $1.93 billion in revenue in 2012.

REI

At first the company was known as REI Co-op and was primarily focused on equipment for backpackers, climbers, and mountaineering expeditions.

In the 1980’s the company’s focus changed to family camping, kayaking, bicycling, and other outdoor sports. Sport-casual clothing also became an important part of the product line at this time.

History

REI still operates as a co-op for its members, but this title has been dropped as it also does business with the general public whether they are members or not.

REI has 11.6 million members, over 11,000 employees, and had $1.93 billion in revenue in 2012.

Budget Rent a Car Corporate Office

Budget Rent A Car was founded in Los Angeles, California in 1958 by Morris Mirkin. The original fleet consisted of 10 vehicles. The company got the name budget by undercutting competitors rates.

In 1960, the company headquarters moved to Chicago, Illinois and the company began to expand through franchising.

In 1986, the company was purchased in a leveraged buyout by Gibbons, Green and van Amerongen. The company went public in 1987.

In 1997, Budget was purchased by Team Rental Group, its largest franchisee and the stock was listed on the NYSE. The company was renamed to Budget Group.

In 2002, the company was purchased by the Cendant Corporation, who owned Avis. In 2006, the company separated into four division and Budget became the Avis Budget Group. The company is publicly traded on the NASDAQ under the ticker symbol: CAR.

A Forbes article in March 2018 states that Budget has seen a steady decline in profits over the past decade.

Today, there are over 3,000 Budget Rent A Car locations in 120 countries worldwide.

Budget Rent-A-Car

Budget Rent A Car was founded in Los Angeles, California in 1958 by Morris Mirkin. The original fleet consisted of 10 vehicles. The company got the name budget by undercutting competitors rates.

In 1960, the company headquarters moved to Chicago, Illinois and the company began to expand through franchising.

History

In 1986, the company was purchased in a leveraged buyout by Gibbons, Green and van Amerongen. The company went public in 1987.

In 1997, Budget was purchased by Team Rental Group, its largest franchisee and the stock was listed on the NYSE. The company was renamed to Budget Group.

A Forbes article in March 2018 states that Budget has seen a steady decline in profits over the past decade.

Today, there are over 3,000 Budget Rent A Car locations in 120 countries worldwide.

Enterprise Corporate Office

Enterprise Rent-A-Car was founded in 1957 by Jack Taylor as Executive Leasing Company. The company began in St. Louis, MO with 7 vehicles. Taylor later renamed it to Enterprise, after the USS Enterprise that he had served on during WWII.

By 1962, the company had 17 vehicles and expands into the rental car market.

In 1969, the company name is changed to Enterprise Leasing Company.

By 1989, there were over 50,000 cars in service. The company name again changes to Enterprise Rent-A-Car.

In 1993, the company expands to Canada with an office in Windsor. They expand to Europe the following year.

Their slogan “We’ll pick you up!” debuted in 1994. It is still used today.

In 1995, the company opens its first airport location.

In 1996, Enterprise becomes the largest rental car company in the US.

In 2002, the company opens its 5,000th rental location.

In 2007, the company acquires Vanguard Automotive Group.

In 2008, the company launches WeCar, a college campus carsharing program. The program was a success and was rebranded in 2013 as Enterprise CarShare. As of 2012 the company had 100 carsharing programs in 30 states and Canada. Carshare features electric cars and hybrid cars, such as the Chevy Volt.

In December of 2015, Uber teamed up with Enterprise, who agreed to rent vehicles to Uber drivers for a standard flat fee each week. This is a pilot program which began in Denver. If successful, the companies hope to expand this program to all 50 states.

The company had annual revenue in 2015 of $18.1 billion and more than 83,000 full-time employees.

In late February of 2018, the company announced that it would no longer offer discounts to NRA members and was pulling support for the company starting in March of the same year.

A survey conducted by J.D. Power and published in November of 2018 stated that Enterprise ranked highest in customer satisfaction among car rental companies.

Today, Enterprise is the largest car rental company in the world, with more than 5,400 locations and 419 airport locations around the world.

Enterprise

History

By 1962, the company had 17 vehicles and expands into the rental car market.

In 1969, the company name is changed to Enterprise Leasing Company.

By 1989, there were over 50,000 cars in service. The company name again changes to Enterprise Rent-A-Car.

In 1993, the company expands to Canada with an office in Windsor. They expand to Europe the following year.

Their slogan “We’ll pick you up!” debuted in 1994. It is still used today.

In 1995, the company opens its first airport location.

In 1996, Enterprise becomes the largest rental car company in the US.

In 2002, the company opens its 5,000th rental location.

In 2007, the company acquires Vanguard Automotive Group.

The company had annual revenue in 2015 of $18.1 billion and more than 83,000 full-time employees.

In late February of 2018, the company announced that it would no longer offer discounts to NRA members and was pulling support for the company starting in March of the same year.

A survey conducted by J.D. Power and published in November of 2018 stated that Enterprise ranked highest in customer satisfaction among car rental companies.

Today, Enterprise is the largest car rental company in the world, with more than 5,400 locations and 419 airport locations around the world.

U-Haul Corporate Office

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.

U-Haul

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

History

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.