Southern Fabrication Specialties and Pac-Van, Inc. Announce New Field-Tested 8 psi Blast Resistant Modules

Indianapolis, IN, April 24, 2017 – General Finance Corporation (NASDAQ:GFN) subsidiaries Southern Fabrication Specialties and Pac-Van, Inc. have partnered with design and engineering firm Protective Technologies Group to create a new 8 psi blast resistant portable building to provide protection for products, equipment and staff from man-made hazards, including vapor cloud explosions and high explosive blasts, as well as from natural hazards such as high wind and earthquakes.

Three key factors that differentiate this new explosion resistant structure from others in the marketplace are:

  • Its ability to be custom designed and built to suit specific company, industry and site needs
  • Its double-wall construction provides greater protection of property and people inside the unit
  • Its successful performance when being exposed to stronger live field blast loads than competitor field tests. Video of the successful field test can be viewed at: https://www.pacvan.com/blast-resistant-modules-benefits-and-features/

 

“This new product combines the research expertise of our partners at Protective Technologies Group with the manufacturing prowess of Southern Fabrication Specialties and the national sales network of Pac-Van”, said Jody Miller, President of General Finance Corporation. “Our cross-collaboration brings a product to market that is custom made to meet the needs of our customers and that has been demonstrated to provide protection for people working in high-risk blast zones.”

About Southern Fabrication Specialties

Southern Fabrication Specialties (www.southernfabricationspecialties.com) is a division of Southern Frac, LLC, which is a subsidiary of General Finance Corporation (www.generalfinance.com). Southern Fabrication Specialties custom fabricates quality steel products to meet the needs of customers in several industries across the country. Products include Blast Resistant Modules (BRMs), storm shelters, specialty trailers, intermodal chassis, container modifications, roll offs and trash hoppers.   Flexibility in custom designs allows the company to adapt to the ever-changing industrial environment. Southern Fabrication Specialties is headquartered in Waxahachie, Texas.

About Pac-Van

Pac-Van, Inc. (www.pacvan.com), a wholly-owned subsidiary of General Finance Corporation, provides storage and office space solutions to its customers through the leasing and selling of storage containers, mobile office trailers, modular buildings and bulk liquid storage frac tanks.  The company serves a wide variety of customers, including those in the commercial, construction, education, government, health care, industrial, and retail sectors.  Committed to providing high quality products, dependable service and sales excellence, Pac-Van, Inc. is headquartered in Indianapolis, Indiana, and has over 50 offices throughout North America.

About Protective Technologies Group, Inc.

Protective Technologies Group, Inc. (PTG; dba Protective Technologies) (www.PTGUS.com) is a Female-Owned Private Company based in San Diego, California, specializing in threats and hazard engineering with a specific focus on blast.  The company has an extensive background in research & development, testing, including live blast, and deployment of cutting edge commercial products for threats and hazards. The team brings their unique skill set to clients requiring protective design for new construction or retrofit of existing buildings. The company serves clients in the commercial real estate, government, military, oil and gas, and petrochemical sectors.

 

Media Contact:                                                                                                     Investor Contact:
Shannon Jordan                                                                                                   Larry Clark
Pac-Van, Inc.                                                                                                         Financial Profiles, Inc.
sjordan@pacvan.com                                                                                          lclark@finprofiles.com
317-489-5771                                                                                                           310-622-8223

 

 

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