Access Industry Hears About Challenges of Big Booms and How to Attract Big Money

The aerial industry provides safer alternatives for working at height, but the work is going higher under challenging conditions, and the new 180-foot booms offer new opportunities, said Matt Fearon, president of Terex AWP.

The more than 200 IPAF Summit attendees were also given a clear and compelling presentation on how to communicate and demonstrate their companyade we potential and value to investors by US-based United Rentals. Sharing tips of the trade were Bill Plummer, executive vice-president and CFO (pictured in front), and Fred Bratman, head of investor relations.
The more than 200 IPAF Summit attendees were also given a clear and compelling presentation on how to communicate and demonstrate their companyade we potential and value to investors by US-based United Rentals. Sharing tips of the trade were Bill Plummer, executive vice-president and CFO (pictured in front), and Fred Bratman, head of investor relations.
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The aerial industry provides safer alternatives for working at height, but the work is going higher under challenging conditions, and the new 180-foot booms offer new opportunities, said Matt Fearon, president of Terex Aerial Work Platforms, at the IPAF Summit held in early April in Windsor, UK.

Mr Fearon said that bigger booms are being used in new applications such as oil refineries, power plants, steel structures, stadiums, bridge access, high-rise buildings and harbour cranes. He discussed the tradeoff between the capabilities and limitations of bigger booms, for example transport conditions and the need for the use of outriggers, and questioned if it would be necessary to drive big booms. The industry is seeing the beginnings of a new boom category, he said.

The more than 200 IPAF Summit attendees were also given a clear and compelling presentation on how to communicate and demonstrate their company potential and value to investors by US-based United Rentals, the world’s largest equipment rental company. Sharing tips of the trade were Bill Plummer, executive vice-president and CFO, and Fred Bratman, head of investor relations.

In response to questions on United Rentals’ plans for international expansion, Mr Plummer revealed that Latin America, Europe and Asia will be in focus and that the company would move in line with objectives it has set: “The only certain commitment is that at some point we will be a global company,” he said.

The next IPAF Summit will be held with the International Awards for Powered Access (IAPAs) on 26 March 2015 in Washington, DC, USA. Details are at www.iapa-summit.info

Presentations from the IPAF Summit 2014 are online at the Resources section of www.ipaf.org

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