ARA seeks $20 billion support for rental sector

By KHL Staff26 March 2020

The American Rental Association (ARA) has asked for US$20 billion in financial aid for the equipment and rental industry to be included in the US government’s COVID-19 financial relief bill. The Association wrote to Capital Hill on Friday last week.

“ARA has been in communication with Capitol Hill as well as the Administration regarding relief efforts for our industry”, said John McClelland, ARA vice president of government affairs and chief economist. ”This letter is one example of how ARA reaches out to policy makers in support of our members.

ARA-logo

”Right now, there is an overwhelming need for the federal government to aid all businesses – but, especially small businesses – in the equipment and event rental industry,” 

Before the  COVID-19 outbreak, the rental industry was projected to exceed $60 billion in revenue in 2020.

Tony Conant

Tony Conant, ARA’s CEO.

Tony Conant, ARA CEO, said; “Like many industries, the equipment and event rental industry is being severely affected. The shelter in place directives and social distancing recommendations have caused virtually every planned event to be cancelled. These wide sweeping conditions have shuttered many event rental operations and most companies have laid off all staff as we wait on recovery measures.

“As states continue to tighten restrictions on business activities, it’s likely that our general tool and construction members will also be negatively impacted. It’s imperative that we take every possible measure to assist members and we’re hopeful to see some relief from our Administration”.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Loxam accelerates environmental shift
Equipment rental company aims to halve direct emissions by 2030 and cut indirect emissions by 30%
New HBOX+ lighting tower from Himoinsa
HBOX+ is designed for efficiency, connected remote control, safety and easy transport
Carrier Rental Systems launches ‘clean air’ fleet
Air scrubbers and filter units are designed to improve indoor air quality and improve productivity
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA