Mobile Modular Management Corporation, a division of McGrath RentCorp, was founded in 1979 by Bob McGrath. The Company is headquartered in Livermore, California. McGrath RentCorp is a diversified business-to-business rental provider.
Mobile Modular Management Corporation rents, leases and sells modular relocatable buildings. Modular buildings provide both temporary and permanent space for classrooms, general offices, restrooms, construction field offices, developer sales and display spaces along with a wide variety of other uses.
On establishing operations in the East Bay Area of Northern California in 1979, Mobile Modular quickly moved to form a presence in Southern California and in 1980 began operations there. To expand the Company's footprint and augment existing equipment two key modular fleet acquisitions were made in 1982 in California and Texas.
In 1984, after changing the name to McGrath RentCorp the Company went public to raise capital for investment into the electronics rental business. With two additional fleet acquisitions for the modular business in 1986 the Company was able to again expand its footprint and add additional capability to serve our customers. Maintaining our position of product excellence in the markets we serve is a key part of our legacy and in the late 1980's we introduced our Division of the State Architect (DSA) approved classroom with the strictest specifications in the California market.
In 1993, 1996 and 1997 the regional inventory centers in Pasadena, Texas; Mira Loma, California and Livermore, California were opened. From the Company's Pasadena, Texas inventory center we are able to serve a broader region including Louisiana, Oklahoma and Arkansas.
The early years of 2000 brought plans to expand geographically through organic growth and we designed the CampusMaker classroom for Florida education customers. In 2004, the Company began operations in Florida and in 2008 established the regional inventory center to serve the local region.
2007 brought entry into the Mid-Atlantic region where North Carolina, Georgia, Virginia and Maryland were our first areas of service with a now expanded service region for surrounding states of South Carolina, West Virginia, Washington, D.C., Pennsylvania, Delaware and Alabama. Working with our customers in the Mid-Atlantic region we were able to design the ModPod space solution.
With our expanded areas of service now in place, in 2008 we continued our plan of growth by adding a line of portable storage containers and ground level offices. Mobile Modular Portable Storage was incubated in our Livermore, California facility and now operates in many of our established inventory centers.
While our history is important to us, it anchors in the past and reminds us that our core success has come from service and innovation; it is also the foundation for our future. We're excited about what comes next. We invite you to be a part of both our legacy and our growth.