Company Profile: I & L Rentals, LLC
Background
I & L Rentals, LLC is a heavy construction equipment rental company based in Kapolei, Hawaii. Established in 2010, the company specializes in providing a wide range of construction and industrial equipment to meet the needs of various projects. Their mission is to deliver high-quality, reliable equipment solutions to support the construction and industrial sectors in Hawaii. I & L Rentals, LLC operates within the heavy construction equipment rental industry, offering services that are integral to the infrastructure development and maintenance in the region.
Key Strategic Focus
The company's strategic focus centers on offering a comprehensive selection of construction and industrial equipment rentals, including boom lifts, scissor lifts, generators, air compressors, forklifts, skid steer loaders, backhoes, mini-excavators, water trucks, dump trucks, and light towers. By providing these diverse equipment options, I & L Rentals, LLC aims to cater to the varied needs of construction and industrial projects, ensuring clients have access to the necessary tools for efficient and safe operations.
Financials and Funding
I & L Rentals, LLC has been operating for approximately 15 years and is estimated to generate $7.3 million in annual revenues. The company employs approximately 30 people at its headquarters in Kapolei, Hawaii, with a total of 42 employees across all locations. Specific details regarding funding history, recent funding rounds, and notable investors are not publicly disclosed.
Pipeline Development
As a rental service provider, I & L Rentals, LLC does not engage in product development or clinical trials. Instead, the company focuses on maintaining and expanding its inventory of construction and industrial equipment to meet the evolving needs of its clients.
Technological Platform and Innovation
I & L Rentals, LLC emphasizes the maintenance and availability of a diverse range of construction and industrial equipment. While specific proprietary technologies or AI-driven capabilities are not detailed, the company's commitment to providing well-maintained and reliable equipment is a key aspect of its service offering.
Leadership Team
The company is led by Owner Lawrence Grasse, who oversees operations and strategic direction. Specific details about other members of the leadership team are not publicly available.
Competitor Profile
Market Insights and Dynamics
The heavy construction equipment rental industry is characterized by a mix of local and national players, with companies offering a range of equipment to meet the needs of construction and industrial projects. The market is influenced by factors such as infrastructure development, economic growth, and regional construction activities.
Competitor Analysis
In Hawaii, I & L Rentals, LLC faces competition from other equipment rental companies, including:
- Sunbelt Rentals: A national equipment rental company with a presence in Hawaii, offering a wide range of construction and industrial equipment.
- Hertz Equipment Rental: Another national player providing equipment rentals across various locations, including Hawaii.
These competitors offer similar equipment rental services and may have established customer bases in the region.
Strategic Collaborations and Partnerships
Specific details regarding strategic collaborations or partnerships for I & L Rentals, LLC are not publicly disclosed.
Operational Insights
I & L Rentals, LLC differentiates itself through its local presence in Hawaii, offering personalized service and a deep understanding of the regional market. The company's focus on maintaining a diverse and well-maintained inventory of equipment positions it to meet the specific needs of local construction and industrial projects.
Strategic Opportunities and Future Directions
Opportunities for I & L Rentals, LLC include expanding its equipment inventory to include newer technologies, enhancing customer service offerings, and exploring potential partnerships with local construction firms to strengthen its market position. The company's established reputation and local expertise provide a solid foundation for future growth and development in the Hawaiian market.
Contact Information
- Website: www.iandlrentals.com
- Phone: (808) 208-0425
- Location: Lanai City, HI 96763
Please note that while the company operates in Kapolei, HI, the contact information provided is for their Lanai City location.
