Williams Scotsman Launches Stainless Steel Product for the European Modular Building Industry in Spain
May 16 2007 - 7:00AM
Business Wire
Williams Scotsman International announced today the launch of Tecno
Inox S/S, a new line of stainless steel products for the modular
building marketplace, through its wholly-owned subsidiary, Wiron. A
leading company in the manufacture, sale and leasing of modular
structures in Spain, Wiron is unveiling the product at Construmat,
an international building exhibition taking place this week in
Barcelona. The new Tecno Inox S/S series is made with 304 stainless
steel, making this innovative product both structurally strong and
highly resistant to adverse climate conditions and corrosion often
found in moist, salty environments. This product line is ideal for
structures located near coastal communities such as port offices,
storage modules, maritime rescue installations and Red Cross
shelters. �Tecno Inox S/S fills a considerable void in the
marketplace,� said William Stokel, director general of Wiron.
�Addressing customer needs has always been a top priority for
Wiron. Our customers told us they wanted a versatile solution to
withstand harsh climate conditions and this product delivers on
that need.� The new Tecno Inox S/S line, designed and manufactured
in Spain, balances maximum strength and durability with an
aesthetically pleasing steel finish. The features of the Tecno line
represent the inherent advantages of modular building methodology,
including accelerated building production, adaptability, and
superior quality control and risk mitigation. According to a
statement by Williams Scotsman�s Chairman, President and Chief
Executive Officer, Gerry Holthaus, �Wiron has introduced an
innovative product that will greatly improve the durability of
prefabricated installations in Spain and potentially in other
international markets. This is a much-needed advancement for the
modular industry.� To learn more about the new Tecno Inox S/S
product, visit Wiron at Construmat 2007, which is being held May
14-19, 2007. The Wiron booth can be found outside the conference on
the Northeast corner of Reina Maria Cristina and Marques de
Comillas streets. About Williams Scotsman International, Inc.
Williams Scotsman International, Inc., through its subsidiaries, is
a leading provider of mobile and modular space solutions for
multiple industry sectors, including the Construction, Education,
Commercial, Healthcare and Government markets. The company serves
over 30,000 customers, operating a fleet of over 118,000 modular
space and storage units that are leased through a network of more
than 100 locations throughout North America and Spain. Williams
Scotsman provides delivery, installation, and other services, and
sells new and used mobile office products. Williams Scotsman also
manages large modular building projects from concept to completion.
Williams Scotsman is a publicly traded company (NASDAQ: WLSC)
headquartered in Baltimore, Maryland with operations in the United
States, Canada, Mexico, and Spain. For additional information,
visit the company�s web site at www.willscot.com, call (410)
931-6066, or email to Michele.Cunningham@willscot.com. About Wiron
Wiron was founded in 1995 and was acquired by a wholly-owned
subsidiary of Williams Scotsman International, Inc. (NASDAQ: WLSC)
in August 2006. The company specializes in modular structures for
construction, education, and healthcare sectors. Currently Wiron
has 15 branches throughout Spain and a mobile office fleet of
nearly 16,000 units. For additional information, visit the website
at www.wiron.es or www.wiron.com. All statements other than
statements of historical fact included in this press release are
forward-looking statements and involve expectations, beliefs,
plans, intentions or strategies regarding the future. Although the
Company believes that the expectations reflected in these
forward-looking statements are reasonable, it assumes no
responsibility for the accuracy and completeness of these
forward-looking statements and gives no assurance that these
expectations will prove to have been correct. Important factors
that could cause actual results to differ materially from the
Company�s expectations are disclosed under �Risk Factors� and
elsewhere in the Company�s 10-K, 10-Q and other SEC filings,
including, but not limited to, substantial leverage and its ability
to service debt, changing market trends in its industry, general
economic and business conditions including a prolonged or
substantial recession, its ability to finance fleet and branch
expansion and to locate and finance acquisitions, its ability to
implement its business and growth strategy and maintain and enhance
its competitive strengths, intense industry competition,
availability of key personnel and changes in, or the failure to
comply with, government regulations. The Company assumes no
obligation to update any forward-looking statement.
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