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Non-Tech : Neff (NFF) -- Ignore unavailable to you. Want to Upgrade?


To: Mark T. Heath who wrote (121)6/14/1999 6:34:00 AM
From: Sal Davis  Respond to of 183
 
From Saturday's Miami Herald:
herald.com

NEFF
Plans more acquisitions

Neff, the Miami equipment rental company, expects to make five to seven acquisitions annually during the next two years, the company told Investor's Business Daily.

Neff said it hopes to be in 20 to 30 states within that time frame.

Chief Executive Kevin Fitzgerald said it plans to use much of the $100 million raised in a bond offering last year to buy more stores and equipment.

In April, Neff completed the purchase of Road Machinery and Iliff Rent Center, with locations in Denver, Oregon and Washington.