STI Holdings Inc., parent company of Stoughton Trailers LLC., announced the opening of a new rental and leasing division. Stoughton Rental and Leasing Co. DBA Stoughton Lease, will open its first branch in June in Milwaukee, Wisc. with plans to add several additional locations in the next year.
Stoughton Lease will offer short and intermediate term rental and leasing options and will supplement the long term leasing services offered by Stoughton Trailers Acceptance Co.
It has been 20 years since a major trailer OEM has been associated with a rental and leasing business, the company said.
Stoughton Lease recently committed to a large number of Stoughton plate trailers, and it will offer flexible rental and leasing programs to the transportation industry.