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“The filing of the company’s Chapter 11 Plan culminates the process that the company undertook several months ago to reduce debt and puts the company on sound long-term financial footing,” said Graham Hood, Neff’s CEO. “The restructuring will provide liquidity for ongoing business needs and allow Neff to make significant investments in its rental equipment fleet.”
The company expects to complete its prearranged restructuring in the near term. View a copy of the plan at www.kccllc.net/neff.
United Rentals expands safety training for customers
United Rentals is expanding customer access to safety training in the United States and Canada with:
- A new online portal with downloadable schedule and e-mail enrollment. Find the Training and Safety site in the “Service Center” on unitedrentals.com;
- Expanded availability of OSHA 10-Hour Construction Training, now offered through United Rentals’ certified instructors across the U.S.; and
- A new Excavator Training and Certification program, including instruction in the safe handling of heavy equipment and productivity techniques, scheduled to launch Sept. 1.
United Rentals offers operator instruction and certification on aerial work platforms, boom lifts, forklifts, loaders and backhoes, skid-steer loaders, vertical reach forklifts and rough terrain forklifts; OSHA 10-hour Construction Training; First Aid/CPR Certification; Confined Space Entry Training; and Competent Person Training.
According to Lee Braden, manager of safety training for United Rentals, more than 6,000 contractors have completed the Confined Space Entry/Competent Person Training provided by the Trench Safety team.
To learn more about on-site or off-site training programs available from United Rentals, visit unitedrentals.com.
Finning sells Hewden rental business
Finning International, Vancouver, British Columbia, Canada, has sold Hewden, its U.K. equipment rental business, for gross proceeds of £110.2 million or about $171 million to an affiliate of Sun European Partners, the European adviser to Sun Capital Partners. Finning will use the proceeds primarily to reduce debt.