NHR 0.00% $3.73 national hire group limited

article in fin review on 11/3/04tittled: westrac confident as...

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    article in fin review on 11/3/04
    tittled: westrac confident as expansion looms

    here are the main points:
    *on track for its nsw launch next month
    *will operate from a total of 27 sites made up
    of sydney,wagga wagga,canberra,12 national hire(nhr)group outlets converted to cat rental and '12 others places'
    *development of purpose built facilities in the next 5 years
    *nhr cat rental satores will make westrac the most extensive equipment branch network in nsw & act in the industry sector
    *westarc will have 45,000 line times and 500new machines
    *staff numbers will grow from initially 400 in april to 600 by end of financial year
    *nsw & act caterpillar dealerships will add to wa & nth east china operations
    *nsw & act dealerships expected to exceed other dealerships both in unit and volume equipment within 2 years thus emerging as the territories market leader within a short time
    *Mr Romano(board member of nhr group)said 'westrac's ability to offer Caterpillar's exstensive manufacturing warranties,broad quality product range,new and used equipment,and expertise is expected to produce strong results' for both westrac and nhr group alike

 
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