Hire and Rental News - February 2017

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8 HIRE AND RENTAL NEWS • FEBRUARY 2017
“Hallmarks of the
organisation are
innovative and strategic
thinking that represent
the equipment rental
industry very effectively.
I look forward to building
upon that ARA legacy.”
Visit:
INDUSTRY NEWS
Kennards Hire has 170 branches across
New Zealand and Australia. Following the
branch opening in Hamilton in August
last year, the Tauranga branch opened as
Kennards Hire on Monday, 31 October.
Tom Kimber, General Manager of
Kennards Hire New Zealand said: “Being
the largest city in the Bay of Plenty,
Tauranga is an exciting step for our
network of hire equipment branches. By
extending our footprint into Hamilton’s
neighbouring region, we are well-situated
to help make our customers’ job easy.”
“Infrastructure projects, housing and
commercial construction are all projected
to see strong growth over the next few
years,” Tom said.
In true Kennards Hire form, the current
team will be joining the family. Kris
Kennards Hire builds its NZ business and settles in Tauranga
Kennards Hire has continued to build its family-owned business with the acquisition of
Tauranga Hire – its 17th branch in New Zealand.
Wright and the team will
remain behind the counter
at the branch.
“The name above the door
may have changed but
the faces and excellent
customer service remains
strong,” Tom said.
“The team at the Tauranga
branch will continue to
give their customers, both
current and new, great
customer service and a wide range of
well-maintained, modern and reliable
equipment designed to make every job
easy.
“Kennards Hire customers in New
Zealand can also take advantage of our
industry-leading online hire website.
Hire online day or night and pick up your
equipment at your local branch or have it
delivered direct to your door.
The new Kennards Hire Tauranga branch
is located at 52 Burrows Street, Tauranga.
Contact 07 571 6542 or visit website:
“Creditors impacted are those with
migratory security interests: meaning
those securities migrated from other
registers by the Registrar on
commencement of the PPSR. These
security interests have been protected
against defects in registration during the
transition period, but unless these defects
were fixed by 30 January 2017 they may
be invalidated,” Malcolm said.
“Back in 2012 the PPS Registrar migrated
security interests from all existing
registers on to the PPSR. The vast
PPSA Second transition ended January 30 – are you aware?
According to EDX’s Malcolm Poslinsky, not many creditors are aware of the second
transition period for the PPSA which ended on 30 January 2017.
majority of these registrations were from
ASIC and REVS.
“The information contained in these
registrations was in many cases
incomplete or non-compliant with PPS
Regulations, leading to the decision
defective registrations would be effective
for a transition period, to allow a period of
grace for secured creditors to remedy the
defects.
"The grace period was scheduled to end
on 30 January 2017, so secured creditors
who haven’t yet acted need to now, or
face the risk of their migrated security
interests being open to challenge.
"EDX can help secured creditors to
become PPS compliant. We can:
• identify relevant security interests;
• complete an assurance review to
identify defects in registrations; and
• process amendments and/or new
registrations to remedy the defects and
ensure the desired level of protection."
Contact Malcolm on 0401 991 817.
He succeeds Christine Wehrman, who
retired after 16 years with the association.
Tony Conant will be the fourth executive
vice president/CEO of the ARA since
its founding in 1955. He most recently
served as Chief Operating Officer (COO)
at the Institute for Supply Management
(ISM) headquartered in Phoenix.
Tony has spent more than 20 years
developing advanced practices in
operations and supply chain at world-
class companies, including Intel,
BASF,Whirlpool and Bank of America.
Previously, he was the Vice President
Of Operations And Share Services at
One Touch Direct, an innovative direct
marketing company, where he oversaw
200% revenue and headcount growth in
his five-year tenure.
ARA board names new Executive Vice President/CEO
The American Rental Association (ARA) board of directors has named Tony Conant to the
position of executive vice president/CEO, which became effective mid-November last year.
Tony Conant
The Tauranga branch opened as Kennards Hire on Monday, 31 October