8/3/2007 Volvo Rents Opens New Rental Center in Florida

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Volvo Construction Equipment Rents, Inc. (Volvo Rents), has announced the opening of a Volvo Rents equipment rental franchise serving Pensacola, Florida.

Cook Coastal Rentals, owned by Miles and Melissa Cook, has opened a new Volvo Rents equipment center at 7813 Highway 90, in Pensacola (Milton). The new rental center will serve several counties, including Escambia, Santa Rosa, Okaloosa and Walton.

It is the company’s second Volvo Rents franchise; Cook Coastal Rentals opened its first store in Spanish Fort, Alabama, in 2003.

The new Volvo Rents center, an independently owned and operated franchise, will carry a comprehensive line of essential equipment for the construction, commercial, industrial and homeowner markets, as well as an extensive line of Volvo compact excavators and wheel loaders and backhoe and skid steer loaders.

The Volvo Rents franchise program covers all aspects of an operating business model.  Features of the program include use of the Volvo brand, financial assistance, a fleet purchasing program for non-Volvo products, a Volvo Rents proprietary software program, operational support, comprehensive training in systems, sales, service and management as well as facility design and regional and local marketing.

Volvo Rents has seventy-six (76) equipment rental centers open in North America, sixty-three (63) centers in Europe (Spain, Portugal, Italy, Germany, Poland and Austria) and one (1) in its international region (Mexico).

For further information, please contact:

Contact

Winston Leonard – Volvo Construction Equipment North America, Inc. One Volvo Dr. – Asheville, NC 28803 Phone: 828-650-2043 E-mail: winston.leonard@volvo.com