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Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
The company was founded in 1946 with three cars at Willow Run Airport, [10] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [8] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953.
BMC was founded in 1987 as a building materials distributor. BMC distributes building materials, manufactures building components, and provides construction services across the U.S. [3] Ready-Frame was launched in 2006, and was known as the Optimized Wall Division. After the bankruptcy, it was renamed to Ready-Frame in 2013.
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(The Center Square) – Business owners from historically disadvantaged communities in Pennsylvania will soon have access to special grants meant to assist with start-up and expansion costs. For ...
In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation. [5] In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New ...
By Aaron Bycoffe, Andrei Scheinkman and Michael Hogan. Statistical analysis by David Rothschild. Last updated Sunday, Feb. 24, 2013, 8:24 pm EST.