Profile: General Finance Corp (GFN.O)
9 Oct 2015
General Finance Corporation, incorporated on October 14, 2005, is a holding company. The Company acquires and operates rental services and specialty finance businesses. It has two geographic areas that include four operating segments: The Asia-Pacific (Pan-Pacific) area, consisting of Royal Wolf (which leases and sells storage containers, portable container buildings and freight containers in Australia and New Zealand) and North America, consisting of Pac-Van (which leases and sells storage, office and portable liquid storage tank containers, modular buildings and mobile offices), and Lone Star. The Company’s two geographic leasing operations lease and sell the products through 20 customer service centers (CSCs) in Australia, eight CSCs in New Zealand, 31 branch locations in the United States and two branch locations in Canada. The Company’s products include storage containers, freight containers, portable container buildings and office containers, portable liquid storage tank containers, modular buildings and mobile offices.
Mobile storage generally includes providing customers with secure, temporary storage at their site locations. Modular space includes mobile offices and modular buildings and involves the rental and sales of prefabricated, code compliant structures and the delivery and installation of the equipment at customer properties. Liquid containment generally includes providing storage containers to store various liquids in a number of environmental and industrial applications. The Company caters to the construction, services, retail, manufacturing, transportation, mining and energy industries.
Royal Wolf provides portable storage containers, portable container buildings and freight containers in Australia and New Zealand. Royal Wolf’s products include mobile storage containers, portable container buildings and freight containers. It operates 18 customer service centers located in Australia and seven in New Zealand. Royal Wolf’s customer base includes the retail and manufacturing sectors, councils and government departments, the farming and agricultural community, the building and construction industry, clubs and sporting associations, the mining sector and the general public.
Pac-Van leases and sells modular buildings, mobile offices, portable storage containers and related ancillary services in the United States. Pac-Van operates 28 branch locations across 18 states and one province of Canada. Pac-Van’s products include modular buildings, storage containers, office containers, mobile offices and portable liquid storage tanks.
Lone Star leases portable liquid storage tank containers and provides transportation and related site services, including containment products, to its customers in the Permian and Eagle Ford basins of Texas. Lone Star is a service provider, bundling its tank rentals with transportation, on-site set-up, and the servicing of equipment 24 hours a day, seven days a week. Lone Star is involved in the Texas oil and gas frac tank rental industry. The Company’s customers range from small private independents to global public oil & gas producing companies. The Company’s products include storage containers, container offices, mobile offices, modular buildings and portable liquid storage tanks.
The Company competes with Mobile Mini, Williams -Scotsman, McGrath RentCorp, Haulaway, Allied Leasing, Eagle Leasing, National Trailer Storage M Space, Acton Mobile, Vanguard Modular, Design Space and Satellite Shelters.
General Finance Corp
39 E Union St
PASADENA CA 91103-3929