United Opens Branches, Completes Consent Solicitation

Oct. 1, 2005
GREENWICH, Conn. United Rentals last month announced the successful completion of its previously announced consent solicitations from bondholders. The

GREENWICH, Conn. — United Rentals last month announced the successful completion of its previously announced consent solicitations from bondholders. The required majority of holders of each issue of outstanding bonds and QUIPs securities consented to the amendments and waivers the company was seeking, allowing it additional time to file financial results and comply with a Securities and Exchange Commission inquiry.

United also announced the opening of two new trench safety rental branches, in Pensacola, Fla., and Chester, Pa. Both locations offer underground construction equipment rentals, sales and services, along with a range of contractor supplies.

The Pensacola opening will enhance United's ability to supply equipment during hurricane season. “Reconstruction from Hurricane Ivan was still ongoing when the Pensacola area was hit by Hurricane Katrina,” said branch manager Jeffrey Allen. “We are pleased to be in a position to help with the recovery effort.”

The Chester, Pa., branch will serve customers in eastern Pennsylvania, southern New Jersey and northern Delaware.

United's trench safety branches rent steel and aluminum trench shields, aluminum trench shores, steel sheet pile with modular wailing systems, steel crossing plates and custom slide rail systems, as well as a range of confined space ventilators, detectors and other equipment.

In other United Rentals news, it last month announced the grand opening of a contractor supplies distribution center in Edmonton, Alberta. The 24,000-square-foot facility is its second in Canada and its ninth in North America. This year it has opened distribution facilities in Ontario, Canada, Georgia, California, Colorado, Illinois, Pennsylvania, Oregon and Texas.

United expects the new distribution center to stock 5,000 contractor supply line items, including saw blades, power tools and safety gear.

Greenwich, Conn.-based United Rentals is No. 1 on the RER 100.