How hiring tools supports the circular economy
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The benefits of hiring are tenfold, and we’re looking forward to sharing these benefits at The Recycling Expo 2025.
Maximise resource efficiency Businesses and individuals hiring tools and equipment through hiring increases the overall lifespan of the equipment. An extra benefit is that when hired through professional companies, tools are maintained and serviced between each hire – furthering the longevity of the equipment.
Waste and environmental impact is reduced In short, hiring tools means that less equipment is sat being unused or underutilised, and eventually ending up in landfill. Hirers want to extend the lifespan of their equipment so invest in refurbishing and repairing it to allow it to be hired more times therefore naturally lengthening its lifespan.
Hiring can also reduce the overall fuel consumption of equipment. If you own a large piece of equipment that is kept at a set location, but you have a construction job which is further away, it means using additional fuel to transport the equipment. Hiring from a company that is based closer to the work site reduces the fuel usage.
Hiring is cost effective, compared to buying new High-quality construction equipment is often expensive to purchase and can also be costly to maintain. By hiring, you remove this upfront cost and still get to use equipment of the highest quality for your work. Hiring also reduces the cost of rent for a space to keep large pieces of equipment, and reduces on-going costs of maintenance or depreciation of value
Flexibility of equipment use By renting equipment rather than purchasing, hirers have access to a wider range of specialist tools without the commitment. It can also make it easier for smaller businesses, or those with smaller budgets, to utilise newer and cleaner technologies and equipment.
The above, and many others, are just some of the reasons why choosing to hire tools and equipment rather than purchasing new helps to support the core principles of the circular economy; reduce, reuse and recycle.