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Impacts to the Rental and Construction Industries
I was sitting in a round table discussion about big data at the European Rental Association convention in Stockholm earlier this month. The topic on the table was big data, how it can be effectively used within the rental industry to deliver benefit to both the rental business and rental customers. The discussion was fascinating, not least because 2 main themes developed even before the topic was really addressed.
At the beginning of each new financial year, there are changes made to taxes. These can have a huge impact on companies, sometimes introducing measures that will benefit a business, and some that require a period of intense planning to ensure minimal damage to a company. This year, the Budget had some unexpected announcements for businesses. According to Chancellor George Osborne, this year's tax reforms would be a Budget for small business.
Merger Results in One of the Largest Hire Software Companies Worldwide
Today, US-based Point of Rental, Inc., announced the acquisition of UK-based Syrinx by Higher Concept Software, merging two industry leaders in rental management software. Point of Rental currently serves over 2700 customer locations in more than 33 countries, but with the addition of Syrinxs 2000 customers in more than 10 countries, this merger makes Point of Rental one of the largest rental software providers in the world.
The Health Safety Executive Northern Ireland (HSENI) has agreed to provide simple information to small/domestic clients and developers to address any NI specific issues in relation to the up and coming Construction (Design Management) (CDM) Regulations (NI) 2016.
Ashtead Plant Hire Company Limited (A-Plant), part of FTSE 100 company Ashtead Group plc, and Lion Trackhire Limited (Lion Trackhire) have signed a definitive agreement with Lion Trackhires shareholders Carl Springthorpe and Dale Robinson to acquire Lion Trackhire, a temporary access and flooring solution provider.
Dundalk based company Dromad Hire recently invested in a specialised purpose built truck from local Scania dealer Granco Ltd.The new truck which was designed and built especially/specifically for the company will improve the nationwide distribution of plant and powered access equipment.
Dromad Hire chooses Snorkel after a deal was concluded with Snorkel UK at vertical days 2016. The Dundalk-based company has taken delivery of two Snorkel AB38E machines.
HSS Hire Group plc (HSS Hire), the leading national supplier of tool, equipment and related services in the UK and Ireland, has opened its largest evercustomer distribution centre in Wales, creating up to 65 new jobs over the next three years.
PAL Hire have announced their latest initiative to engage the workforce at their headquarters in Cheadle Hulme.
The event and site set-up specialist have decided to give power to their employees by forming a team, named PETE; PALs Engagement Team of Employees.
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