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McGrath RentCorp (NASDAQ:MGRC)

Delayed Data
As of 4:00pm ET
 +0.39 / +1.56%
Today’s Change
Today|||52-Week Range

Company Description

McGrath RentCorp is a diversified business to business rental company with three rental divisions: relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes. The company's primary emphasis is on equipment rentals and sales of equipment in the normal course of business. It operates through four business segments: (1) modular building and portable storage rental division (Mobile Modular) (2) electronic test equipment rental division (TRS-RenTelco) (3) wholly-owned subsidiary providing containment solutions for the storage of hazardous and non-hazardous liquids and solids (Adler Tanks) and (4) wholly-owned subsidiary classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The Mobile Modular segment is designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities and office space. The TRS-RenTelco rents and sells electronic test equipment nationally and internationally from three facilities located in Grapevine, Texas (the Dallas facility) Dollard-des-Ormeaux, Canada (the Montreal facility) and Bangalore, Karnataka, India (the Bangalore facility). The Adler Tank segment rental inventory is comprised of tanks and boxes used for various containment solutions to store hazardous and non-hazardous liquids and solids in applications such as: oil and gas exploration and field services, refinery, chemical and industrial plant maintenance, environmental remediation and field services, infrastructure building construction, marine services, pipeline construction and maintenance, tank terminals services, wastewater treatment, and waste management and landfill services. The Enviroplex segment manufactures modular buildings for both public and private schools throughout California. Enviroplex manufactures a broad variety of building types, including classroom, library and restroom, childcare and administrative. The company was founded by Robert P. McGrath in 1979 and is headquartered in Livermore, CA.

Contact Information

McGrath RentCorp
5700 Las Positas Road
Livermore California 94551-7800
P:(925) 606-9200
Investor Relations:
(925) 453-3425



Individual stakeholders9.55%
Mutual fund holders59.11%
Other institutional26.58%

Top Executives

Dennis C. KakuresPresident, Chief Executive Officer & Director
Joseph F. HannaChief Operating Officer & Senior Vice President
Keith E. PrattCFO, Senior VP & Head-Investor Relations
Randle F. RoseSecretary, Chief Administration Officer & SVP
Kristina van Trease-WhitneyVice President & Division Manager-Mobile Modular