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January 17, 2018

Shindaiwa’s perfect ten for CHS

Filed under: Latest News — EHN Team @ 1:45 pm

Shindaiwa recently delivered ten welder generators to CHS Plant and Tool Hire. The order was placed after the Bristol-based business evaluated machines from several suppliers and comprised ECO 300 and 420 models, as well as a PowerCenter 15 generator.

CHS Director, Claire Bruce, said the products were selected for their low noise levels, three-phase output and long running times. The ECO 420 also offers dual operator outputs, enabling two people to weld simultaneously from a single machine.

The 15kVA, three-phase PowerCenter generator, will be typically used to power on-site equipment such as compressors, MIG welders and plasma cutters.

January 15, 2018

Speedy assesses Carillion impact

Filed under: Latest News — EHN Team @ 6:11 pm

Speedy has issued a statement following the announcement earlier today that construction services company, Carillion plc, has gone into liquidation.

The hirer is a supplier of hire equipment and services to Carillion and states it is committed to supporting the delivery of projects as planned. It says that revenue in the 12 months to December 2017 with all Carillion entities was approximately £12.0m, of which around.55% represented core hire revenue. Outstanding debt at 31 December 2017 was £2.0m. A proportion of the group’s revenue and debt relates to joint venture arrangements involving third parties which are expected to continue unaffected.

Speedy intends that any profit impact of Carillion’s compulsory liquidation will be recorded as an exceptional non-underlying charge in the income statement for the year ending 31 March 2018.

It adds that the impact of Carillion’s situation is not expected to be material to the group, which had net debt at 31 December 2017 of £88.9m, and that it remains on track to deliver a result in line with expectations for the full year.

Some City commentators are suggesting that the long-term impact on Speedy’s financials will be limited, pointing out the likelihood of joint venture partners, or other third parties, taking on some of Carillion’s workload, as well as flexibility within Speedy’s own operations.

January 12, 2018

Luscombe doubles GreenMech fleet

Filed under: Latest News — EHN Team @ 9:50 am

Luscombe Plant Hire, which is based in Ulverston, has added a second GreenMech wood chipper to its fleet to meet growing demand.

The business bought its first Arborist 130 machine after seeing it at the Executive Hire Show, and the subsequent volume of business from tree surgeons, land owners and grounds managers has meant that a second is needed.

“Since we’ve switched over to GreenMech chippers, we’ve not had one bad report on them,” said Simon Luscombe (pictured left), who founded the business in 2001 with his son Dan, right, and wife Beverley. “Our customers seem much more satisfied. They go out on hire for anywhere between one day to one month and everyone who hires them say they’re really good machines to use. There has been no downtime due to breakdowns which, when you’ve got a packed hire schedule, is crucial.”

The Arborist 130 is a compact road-tow chipper and its 23hp Honda petrol engine is protected by a steel canopy, helping to reduce the noise level.

Luscombe Plant Hire won the Executive Hire Show Passionate Hirer Award last year in the Outstanding Single Depot Hire Company category.

January 8, 2018

Astrak buys SPS parts business

Filed under: Latest News — EHN Team @ 2:10 pm

Astrak UK, which offers crawler undercarriage components for excavators and dozers, has acquired the undercarriage parts division of Southern Plant Spares (SPS) along with the company name.

SPS’s bucket and attachment division has been renamed as Rhinox Group and will be taken forward by its original directors.

“The acquisition of Southern Plant Spares is a perfect fit to our current business,” said Richard Paterson, Astrak UK’s MD “It will allow us to offer a greater depth to our already comprehensive parts and service offering.”

Jim Record, former MD SPS, commented, “This exciting development will enable Rhinox Group to focus on expanding its core range of buckets and attachments to greatly benefit customers through increased stock levels, enhanced service levels, and a larger product portfolio.”

January 4, 2018

Husqvarna to buy Atlas Copco light compaction and concrete business

Filed under: Latest News — EHN Team @ 2:22 pm

Husqvarna Group’s Construction Division has signed an agreement to acquire the Light Compaction & Concrete Equipment business from Atlas Copco, to strengthen its position in the concrete surfaces and floors market.

Kai Wärn, President and CEO of Husqvarna Group, said, “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of concrete surfaces and floors.” He added that the move complements other recent acquisitions and supports Husqvarna’s ambition of growing the Construction Division’s presence in the Group.”

The company says that the availability of these additional products will support customers throughout the entire concrete floor creation process. Further details will be announced closer to the finalisation, which is expected in the first quarter of 2018. The acquisition is subject to approval from competition authorities.

January 2, 2018

Astley goes green

Filed under: Latest News — EHN Team @ 9:18 am

Astley Hire aims to create a greener planet by helping to plant more than 3,342 acres of new woodland.

The company, based in Leigh, is among the signatories to a scheme set up to help businesses offset the carbon emissions from their vehicles. Each time one of its drivers fill up with fuel, a percentage of what they pay goes towards planting trees in 57 new woodlands around the UK.

The EcoPoint scheme was established by fuel card provider Allstar, of which Astley Hire is a member, and is run in partnership with Forest Carbon, a developer of voluntary carbon woodland schemes certified under the Woodland Carbon Code.

The initiative is a step towards eventually becoming a carbo zero business, according to Astley Hire MD Stephen Dorricott, who is pictured, front row, fifth from left, with his brother Michael, Operational Director, and the rest of the team.

December 22, 2017

Mather & Stuart puts Christmas on ice

Filed under: Latest News — EHN Team @ 8:16 am

Temporary power equipment specialist Mather & Stuart, a division of A-Plant, has helped to bring Christmas on ice to shoppers in Gloucester and Derby. It has supplied generators to power chillers for pop-up festive ice rinks at a shopping outlet village in Gloucester and the Cathedral Quarter in Derby.

Two 200kVA JCB T3A synchronised sets have been provided at Gloucester Quays, pictured, while two 150kVA machines are being used at the Derby location.

Sales Manager Dave Ingram said, “The synchronised generators ensure uninterrupted supplies of power, which means that people will be able to enjoy a real outdoor ice rink experience throughout the run up to Christmas and beyond.”

December 21, 2017

Niftylift’s Christmas star

Filed under: Latest News — EHN Team @ 8:56 am

Niftylift has used some of its powered access products to create a festive display in the shape of a Christmas tree and star at its headquarters in Milton Keynes.

Standing at 30m high, the manufacturer believes that the attraction is one of the tallest structures in the area, and with its facility in Shenley Wood being located in one of the highest natural locations, it can be seen from sites all around the city.

The ‘tree’ is made with three Height Rider 28 (HR28) Hybrid work platforms that have been wrapped in Christmas lights. Each machine took seven hours to finish and is covered in 1,920 white LED lights.

The ‘star’ was again designed in-house and fabricated by Border Engineering, which also makes the steelwork on Niftylift cages. It has 900 green lights, held in place by 25 end caps that were produced using a 3D printer.

December 19, 2017

GAP retains FORS accreditation

Filed under: Latest News — EHN Team @ 9:22 am

GAP has successfully retained its FORS (Fleet Operators Recognition Scheme) Silver accreditation. This encompasses all aspects of safety, efficiency, and environmental protection by encouraging and training fleet operators to measure, monitor and improve performance.

To meet the standard, the company is required to ensure all drivers and line managers undergo approved progressive training and continued professional development, with particular attention paid to the safety of vulnerable road users. This is backed up by a programme of internal and external audits to demonstrate adherence to processes and procedures, as well as compliance with current legislative requirements.

GAP’s Group Transport Manager, David Rodger said: “Retaining FORS Silver status is paramount for our company as the certification is required by many of our customers working on major contracts in London and throughout the UK.”

December 15, 2017

Artisan expands delivery fleet

Filed under: Latest News — EHN Team @ 12:26 pm

Artisan Hire has expanded its delivery fleet with the purchase of two new 7.5-tonne Isuzu trucks to accommodate its recent growth, including the opening of its eighth depot in Basingstoke.

The Swindon-based company specified two new Isuzu Forward N75.190 rigids, both of which have been fitted with beavertail plant bodies and rear cab-mounted winches. The vehicles are expected to have a working life of four years, covering 30,000 miles per annum.

“Our previous successful experience of running Isuzus meant that we were more than happy to specify the marque again for this new vehicle acquisition programme,” said Artisan Director, Chris Comer.

December 11, 2017

Elliott goes paper-free

Filed under: Latest News — EHN Team @ 9:28 am

Elliott, the specialist portable accommodation hirer, has implemented BigChange’s all-in-one Mobile Workforce Management platform across its Loohire portable toilet division, as part of a full roll-out across the business, including tankers, service vehicles and the delivery and collection fleet.

The company believes the technology will save millions of pieces of paper annually and has improved back-office administration. Technicians receive their work orders instantly on the app, with paper job-cards and proof of delivery worksheets replaced by electronic workflows that guide technicians through each step, including risk assessments.

Adam Dimmock, Director of Loohire at Elliott said, “The BigChange system is ensuring we can exceed our customers’ expectations with innovative features such as a pre-arrival alert that customers receive ahead of arrival, allowing them to clear the way for our tankers on busy construction sites. The technology is driving us towards a 15% reduction in transport costs, and we are realising significant fuel savings thanks to dynamic routing and improved driver behaviour.”

December 8, 2017

Rapid invests in heat

Filed under: Latest News — EHN Team @ 3:05 pm

A-Plant’s specialist division, Rapid Climate Control, has invested £1.1m in new packaged boilers and energy efficient heating equipment.

The order comprised 300kW package boilers as well as new El-Björn electric heaters to support customers in the facilities management sector for a wide variety of environments, ranging from health care and retail, to transport and leisure centres, as well as clients in the M&E sector.

Dave Matthews, Director of Rapid Climate Control, said: “By regularly investing, we can ensure continuity of supply and technical back-up at all times to meet emergency situations, whether that’s providing back up during breakdowns and repairs or providing temporary support during a sudden icy blast.”

December 7, 2017

HSS completes strategic review

Filed under: Latest News — EHN Team @ 12:53 pm

HSS Hire Group states it has completed a strategic review of the business, which was initiated following the appointment of Steve Ashmore as Chief Executive Officer in June.

It says the review has looked across every aspect of HSS’s business with the aim of returning the Group to historic levels of performance, examining the profitability of each customer, product and depot.

Its three priorities are to substantially reduce leverage and drive profitable growth, having identified £10m-£14m of additional savings, following the £13m of savings announced in the third quarter of this year; to repair the core tool hire business; and to strengthen its commercial proposition across the Group with “targeted sales plans based on customer segmentation” to focus on new opportunities.

HSS says it expects these priorities to significantly improve business performance and it has set out several financial targets to achieve by 2020, including: revenue growth in line with the market, an EBITDA margin above 20% and an EBITA margin above 9%, leverage of less than 3x, and a return on assets above 20%.

HSS previously reported its half-year results for the 26-week period ended 1 July 2017, showing the Group made a loss before tax of £30.1m, compared to a loss of £7.8m in the same period last year.

December 4, 2017

CMA to investigate Brandon acquisition

Filed under: Latest News — EHN Team @ 9:28 am

Vp Group has announced that on 1 December it was notified that the Competition & Markets Authority (CMA) is investigating the completed acquisition by Vp of Brandon Hire Group, which was announced on 8 November.

Vp states that, prior to completing the acquisition, it conducted a detailed due diligence exercise, including assessing potential competition considerations and that it will fully assist the CMA with its enquiry.

November 24, 2017

Speedy makes access acquisitions

Filed under: Latest News — EHN Team @ 8:56 am

Speedy has announced that it has acquired the entire issued share capital of powered access specialists Prolift Access Ltd and Platform Sales & Hire Ltd.

Prolift, which has its headquarters in Taunton, has a fleet of approximately 770 access platforms and employs 72 people. Revenue for Prolift’s financial year ended 31 December 2016 was £7.9m with EBITDA of £2.4m and gross assets of £12.1m. Cash consideration paid amounted to £5.9m with net debt assumed of £5.5m, following a property sale for £1.2m by Prolift to a company connected with one of the vendors.

PSHL is Midlands-based, operating from centres in Milton Keynes and Birmingham, with a fleet of approximately 850 access platforms and employing 64 people. Revenue for PSHL’s financial year ended 28 February 2017 was £9.3m with EBITDA of £2.4m and gross assets of £9.8m. Cash consideration paid amounted to £7.1m with net debt assumed of £3.6m.

November 23, 2017

AJC’s Green success

Filed under: Latest News — EHN Team @ 10:29 am

AJC EasyCabin’s commitment to developing environmentally friendly products has been recognised by winning a top honour in the 2017 Green Apple Awards.

The welfare cabin manufacturer was competing against more than 500 other nominations for Environmental Best Practice in the Engineering and Manufacturing category. MD Jav Samsa (second from right), accompanied by Sales Director, Lisa Gillett, Operations Director, Simon Fletcher (second left) and National Accounts Manager, Mark Samuel received their award at a formal ceremony held at the Houses of Parliament.

The judges were impressed with the company’s innovative systems which are designed to collectively reduce carbon fuel consumption and lower emissions, and utilises battery power and renewable energy.

Jav Samsa said, “Regard for the environment has always been at the heart of our design and manufacturing processes. Having this formally recognised by such a prestigious organisation is a testament to all the hard work and thought that the whole AJC team put into producing some of the most sustainable products in the temporary accommodation markets.”

As a result of its Green Apple Award success, AJC EasyCabin has been invited to have its winning paper published in The Green Book, an international work of reference on environmental best practice.

November 16, 2017

Loads of success for E.P.S.

Filed under: Latest News — EHN Team @ 7:50 pm

E.P.S. Hire Centres demonstrated its commitment to the industry and all things Executive Hire by closing its depot in Mytholmroyd, near Halifax, a little earlier so that team members could attend our recent Executive Hire Road Show in Haydock for hirers in the north east of England.

Antony Rainford (right) and Ashley Martin got a lot out of their visit and took advantage of some special deals available from suppliers only that evening, including the purchase of this Warrior wheelbarrow from Altrad Belle. They also bought a floor sander from Bona.

E.P.S. customers didn’t lose out either, because the company’s second depot, in nearby Sowerby Bridge, was able to deal with any enquiries that came in late that afternoon.

WernerCo supports PASMA initiative

Filed under: Latest News — EHN Team @ 9:29 am

WernerCo is supporting PASMA’s Tower Safety Week initiative that is currently taking place, providing a practical training session for instructors about its product ranges.

Taking place at the manufacturer’s facility in Maldon, Essex, the presentation will enable course instructors to learn more about its Boss BS 1139-6 accredited scaffold towers, and will cover the importance of safe working practices and selecting the correct tower.

November 14, 2017

Strong Speedy performance

Filed under: Latest News — EHN Team @ 10:50 am

Speedy has today announced results for the six months to 30 September 2017 showing a strong first half performance, with revenue (excluding disposals) increased by 6.9% to £183.2m (2016: £171.4m) and adjusted profit before tax up 58.8% to £10.8m (2016: £6.8m).

Net debt reduced to £63.1m (31 March 2017: £71.4m), and the company says that hire fleet utilisation has increased to 54.7% (2016: 49.1%). It also reports growing revenue from additional services such as equipment testing, inspection and certification, training and consumables, with services revenue growing principally through increased consumable sales and the acquisition of the Lloyds British lifting equipment testing and training business.

Chief Executive Russell Down said: “These results are confirmation of the sustainable progress we continue to make following implementation of our customer focused strategy and a rigorous approach to capital allocation and cost control,” adding that, “We are confident of delivering a result for the year above current expectations and that the Group has a strong future ahead of it.”

In October, Speedy announced an amendment and extension to its existing bank facilities. The £180m asset-based finance facility, which was due to mature in September 2019, has been extended by a further three years, through to October 2022, with terms improved which will lower the cost of the Group’s debt financing.

The company states that its continued performance improvement has allowed the Board to consider future strategic options, with plans to reinforce its hire business and re-balance the Group through growing services revenue over the medium term by a combination of organic and acquisitive growth.

November 13, 2017

CPA issues dumper guidance

Filed under: Latest News — EHN Team @ 12:59 pm

The CPA has released new operational safety guidance entitled Staying Safe When Operating Forward Tipping Dumpers, which is principally aimed at operators for refresher training purposes.

The publication has been released following a number of serious incidents involving such machines, key factors of which include overturning and individuals being struck by dumpers.

The guide is divided into three sections, with the first consisting of a ‘stay safe by’ list of actions for operators, while section two explains the reasons behind each of these measures and is designed to provide assistance for toolbox talks and one-to-one familiarisation activities. Section three is aimed at managers in terms of planning and supervision requirements. The publication also includes a case study to aid learning.

Kevin Minton, Director of the CPA and Co-chair of an industry forum addressing this issue said, “As part of the forum’s action plan, the Stay Safe guidance will be the first of a number of documents that will be published through the CPA. Others will include a Good Practice Guide on Forward Tipping Dumpers which will be devised by the Strategic Forum Plant Safety Group, and an update to the Plant Safety Group’s work on Ground Conditions.”

The Staying Safe guidance can be downloaded free from the CPA website at www.cpa.uk.net/publications.

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