Volvo CE Rents Adds ToolBelt to Dealer Network in Texas

Sat March 19, 2005 - West Edition
Construction Equipment Guide

Volvo Construction Equipment Rents Inc. (Volvo CE Rents) has announced the signing of a franchise agreement for a new Volvo CE Rents equipment rental center in Pflugerville (Austin), TX.

The ToolBelt LP, Pflugerville, has entered into a Volvo CE Rents franchise agreement to own and operate Volvo CE Rents centers in the metropolitan Austin market.

The new Volvo CE Rents rental center will carry, in addition to Volvo construction equipment a comprehensive line of essential equipment and tools for the construction, commercial, industrial and homeowner markets.

Principal Volvo products for its franchised rental centers include its extensive line of compact excavators and wheel loaders and the company’s backhoe and skid steer loader.

Volvo CE Rents equipment centers are independently owned and operated franchises within the Volvo Construction Equipment rental program. The Volvo CE Rents program, designed by Volvo Construction Equipment, covers all aspects of an operating rental business model. Program features include use of the Volvo brand, financial assistance, a fleet purchasing program for non-Volvo products, a Volvo CE Rents proprietary software program, training, facility design and regional and local marketing.

Volvo CE Rents began its equipment rental franchise initiative in 2001. The company now has equipment rental centers open in Virginia, North Carolina, Georgia, Florida, California, Tennessee, Ohio, South Carolina, Louisiana, New York, Minnesota, Arkansas, New Jersey, Alabama, Kentucky, Illinois, New Mexico, Washington, Pennsylvania, Texas, Mississippi, Maryland, and Canada.

In addition to these operating franchises, the company is finalizing franchise agreements with other business interests seeking independently owned and operated franchise opportunities in the equipment rental business. The company also is expanding its operations in Europe with rental centers open in Portugal and Spain and recently signed franchise agreements with a company in Italy.