Foley Inc. has announced the promotion of Jamie Foley to corporate asset manager.

Foley began his career at Foley Inc. in 1999, when he assumed the role of administrative sales manager. In 2001, he was promoted to marketing manager and eventually became general manager of the Foley Rents division. During time as general manger overseeing both the Monroe Township and Piscataway facilities, Foley raised awareness of the Foley Rents allied equipment fleet and increased the sales and rentals of Caterpillar compact equipment. By doing so, Foley significantly increased the profitability of the division.

In Foley’s new role as corporate asset manager, he will be responsible for all new and used inventories and rental fleets. He will ensure that all prime product assets are well utilized to provide, maximum benefit to the company’s customers. With this position, Foley also will be responsible for the accounting department.

One of Foley’s college internships included working at Cat Overseas, S.A. (COSA) in Geneva, Switzerland. There he helped develop pricing strategies for increasing the market share in Europe, Africa and the Middle East.

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