A major challenge facing companies in today’s construction industry is how to deal with rising equipment and rental costs. One key component to this is whether to buy a piece of equipment or rent it, says Gregg Christensen, vice president of national accounts at United Rentals. Founded in 1997, the company is the largest equipment rental company in the world.
“If there is a consistent level of equipment utilization, based on future projections of workload that can be counted on — the sweet spot of utilization — then purchasing is the way to go,” Christensen says. “If there is a roller
