SAN ANTONIO, TX — Seeking to address the growing needs of the $52-billion U.S. equipment rental market, HOLT Industrial Rentals, a HOLT company, launched to provide specialty industrial equipment solutions throughout Texas.
The increased needs associated with expanding facilities, construction, and climate-based challenges have caused industries — including oil and gas, events, and manufacturing — to turn to full-service rental solutions, as opposed to purchasing and maintaining the equipment themselves. This is on top of the need for temporary equipment to support outages, maintenance, equipment reconditioning, and business expansion.
HOLT Industrial Rentals offers turnkey solutions centered around industrial power (power generators, distribution, load banks, etc.), climate (chillers, air conditioners, heaters, etc.), and air (compressors, desiccant dryers, etc.) — often combining multiple elements for one holistic answer to customers’ challenges.
“Our customers are consistently asking for complete solution packages, not just individual pieces of equipment,” said Don Myrick, General Manager of HOLT Industrial Rentals. “It eases the burden of running their businesses by offloading the expertise needed to plan out these large, temporary industrial solutions.”
According to a recent study by Koncept Analytics, the U.S. equipment rental market is expected to grow to $64 billion in 2025 at a CAGR of 5.47 percent from 2021-2025. The study cites that a “rise in party and event planning, growth in oil and gas production, rising employment, and rapid urbanization would drive the growth of the market.”
“We’ve seen increased rental requests across our businesses and have always been an organization that pivots to meet the needs of our customers,” said Peter J. Holt, CEO of HOLT. “We understand the importance of rentals across the industrial, construction, and facilities equipment industries and the role our services can play in the success of these businesses.”
In addition to the larger scale of operations and increased speed of business, companies are also feeling the strain of increased inclement weather such as freezes, heat waves, and natural disasters that can bring business to a halt.
“Temporary industrial solutions are critical to keep productivity going at the pace necessary in today’s business landscape, and we are excited to launch this new company,” Holt said.
HOLT Industrial Rentals Launches to Support Texas Businesses Ranging from Sports Arenas to Hospitals to Construction Sites
