COLUMBIA, Mo. — EquipmentShare, a nationwide construction equipment rental and technology solutions company, announced Nov. 3 that it is expanding its corporate headquarters. The expansion will create more than 500 jobs.
“EquipmentShare’s new headquarters is a major development for Columbia and great news for our state,” said Gov. Mike Parson, who visited the Home Office for the announcement. “This innovative company is creating jobs, investing in its community and having a nationwide impact. We’re proud to see EquipmentShare expanding and look forward to its continued success here in central Missouri.”
Since brothers Jabbok and Willy Schlacks started the business in 2014 and incorporated in 2015, EquipmentShare has grown rapidly in size and scope. Originally imagined as a way for contractors to save money by sharing heavy machinery, it has evolved into a company that is modernizing the construction business through jobsite technology and equipment rental, retail and service.
EquipmentShare now has more than 140 branches across the country, but Columbia remains home, and the expansion announcement reinforces the company’s commitment to Missouri.
“We look forward to continuing to expand our company here in Columbia, Missouri,” Jabbok Schlacks said. “When you’re able to start something really special in your hometown, you want it to grow there. We started with five people, and we’ve grown to more than 3,600. We appreciate the Midwest work ethic — that drive and grit you don’t see in a lot of places. We want to work with great people. The EquipmentShare campus is something everyone in this state can be proud of. Community matters. Investing in our people matters. We’re grateful our story will continue to grow with Columbia at its center.”
“Home is a place that’s safe, where there’s comfort and nurturing, where your most meaningful relationships are made,” Willy Schlacks said. “This is our home, and we’re going to invest and build here.”
One of the company’s key differentiators and a driver of its explosive growth is the T3 operating system that is available in the equipment it rents and sells. The cloud-connected T3 platform allows contractors to monitor every aspect of their machinery’s usage and make data-driven decisions.
The company’s new headquarters will include a flagship office building, a research-and-development center, a learning-and-development center, and additional space for offices and retail. The building space will eventually be more than 10 times the size of the current headquarters. EquipmentShare’s expansion will create more than 500 new positions with salaries above the Boone County average, and the local economic impact will extend well beyond the walls of the new facilities.
“When we talk about 500 new employees, we’re also talking about hundreds more who support those people and will benefit from this,” Boone County Presiding Commissioner Dan Atwill said at the announcement ceremony.
Construction on the expanded campus, located just south of I-70 near the Lake of the Woods exit on the east edge of Columbia, will be done in phases, with groundbreaking scheduled in the next few months.
Headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail and service centers. EquipmentShare’s cloud-connected platform, T3, is powered by telematics and machine hardware to give construction and industrial companies a real-time view into their jobsite and operations. EquipmentShare’s enterprise suite of apps is OEM-agnostic and can track and manage any piece of equipment, regardless of brand, to help fleet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, increase machine utilization, streamline maintenance and prevent unplanned downtime. Founded in 2014 and incorporated in 2015, EquipmentShare employs more than 3,600 team members of diverse perspectives that push the boundaries of possibilities to create unparalleled customer value, support their communities and empower construction professionals to work more efficiently. EquipmentShare’s growing presence of locations, which includes equipment and service yards, research and development sites, dealerships for major brands, administrative offices and specialty solutions locations, serve the rising demand for the company’s equipment and digital solutions.