United Rentals Announces North American Industrial Joint Venture with Fluor’s AMECO

United Rentals is amping up its services to oil and gas customers in the Gulf Coast. The company announced yesterday that it had agreed to form a joint venture with Fluor Corp.’s AMECO unit, offering comprehensive equipment and tool solutions for ongoing plant maintenance and turnaround activities initially supporting the oil and gas industry in the Gulf Coast region of the United States.

“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, CEO of United Rentals. “This partnership allows both companies to expand their presence in the energy market while remaining focused on our 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’ significant rental fleet infrastructure and technology capabilities,” said Gary Bernardez, president of AMECO.  “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.”

The AMECO and United Rentals 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.

United Rentals has the largest fleet and geographic coverage for equipment rental in the U.S. AMECO’s in-house tool and maintenance expertise together with its site management services expertise will provide additional value to customers during turnarounds, shutdowns and sustaining operations.