Would You Buy Someone Out To Gain Rental Units and Parts? Featuring Jarrett Harris

Along with the rest of the world, the equipment business is becoming a strange twilight zone in which independents are experiencing price euphoria on the one hand and evaporating inventory to sell and rent on the other, not to mention the scarcity of parts and labor. Jarrett Harris, director of Cyclicals Research at OTR (Off the Record), returns to the program to put some perspective on what's happening in terms of pace of sales, zany pricing, global events, contractor behavior, and more. Throughout the distribution channel, OE dealers, rental houses, and independents are doing what they must to survive, and that invariably is beginning to drive some consolidation––for example, we may see more occurrences of a rental company or independent dealer being acquired so the buyer can gain some assets to rent and machines to cannibalize for parts. Listen in for some food for thought on whether you'll eat or be eaten if the supply chain remains unchanged a year from now. Follow Jarrett Harris: Linkedin: https://www.linkedin.com/in/jarrettharris/ IEDA Official Site: https://www.iedagroup.com/