GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Essex Rental Corp. (OTCPK:ESSX) » Definitions » Fixed Maturity Investment

Essex Rental (Essex Rental) Fixed Maturity Investment


View and export this data going back to 2007. Start your Free Trial

What is Essex Rental Fixed Maturity Investment?

Fixed Maturity Investment only applies to insurance companies.


Essex Rental (Essex Rental) Business Description

Traded in Other Exchanges
N/A
Address
Essex Rental Corp was incorporated in Delaware on August 21, 2006 as a blank check company whose objective was to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. On October 31, 2008, the Company consummated the acquisition of Holdings and its wholly-owned subsidiary, Essex Crane. Through its operating subsidiaries, Essex Crane and Coast Crane, it is one of North America's providers of lifting equipment including lattice-boom crawler cranes, truck cranes and rough terrain cranes, tower cranes, and other lifting equipment used in construction projects. Its products and services as grouped within the Company's three defined operating segments; equipment rentals; equipment distribution; and parts and service. It offers for rent, crawler cranes and attachments, rough terrain cranes, boom trucks, tower cranes, and other construction related rental equipment. Most attachments are rented separately and increase either the lifting capacity or the reach capabilities of the base crawler cranes and tower cranes. It also offers transportation, rigging and repair and maintenance services while equipment is on rent. It also provides repairs and maintenance services for customers that own their own equipment and request its services at one of its service center locations. Its target customers for these ancillary services are its current rental customers, customers that own their own equipment and those who purchase new and used equipment from the Company. Its parts and services operations are conducted through its Coast Crane subsidiary. Its operations are also subject to federal, state and local laws and regulations pertaining to occupational safety and health, most notably standards promulgated by OSHA. It is subject to various OSHA regulations that primarily deal with maintaining a safe work-place environment.
Executives
John M Climaco director PO BOX 326, PARK CITY UT 84060
Lee D Keddie director 1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089
William W Fox director H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Nicholas J. Matthews director, officer: Chief Executive Officer C/O C/O FREIGHTCAR AMERICA, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 1250, CHICAGO IL 60606
John G. Nestor director C/O ESSEX RENTAL CORP., 1110 LAKE COOK ROAD, SUITE 220, BUFFALO GROVE IL 60089
David M Knott 10 percent owner 485 UNDERHILL BLVD, STE 205, SYOSSET NY 11791-3419
C4s & Co Llc 10 percent owner RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark 10 percent owner, other: See Explanation of Responses C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Ramius Advisors Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd 10 percent owner 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Cowen Inc. 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Thomas W Strauss 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022