While the repeal is being widely viewed as a loss for workers, not everyone agrees that the Obama-era regulation was necessary. "This rule change isn't going to make safety worse and it isn't going to make it better, it's just making sure that OSHA isn't punishing companies for things they did years ago," said Jim Stanley, former Deputy Assistant Secretary of Labor at OSHA. "It's a much better policy for OSHA to go in and suggest a correction and everybody can move forward. And that can still happen with the five years of data to look back on." After OSHA, Stanley worked as Vice President of Health and Safety at AK Steel, which has historically had a poor safety record, according to OSHA records. In recent months, the dangers of shipyards have been on full display in Mobile. A detailed investigation into work practices at OSHA lifting equipment safety Austal uncovered dozens of injuries being sustained by employees using a cutting tool known as the "widowmaker." Workers that have been injured by the tool are currently involved in a court case against Austal in which they claim the U.S. Navy contractor forced them to swap out the original blade in the tool for another blade with larger cutting teeth in order to hasten the manufacturing process. Austal declined to comment on the repeal of the OSHA regulations. The blade swap went against the manufacturer's instructions, which explicitly warned against changing of the blade. Some workers lost fingers while others suffered severe lacerations to their face, neck and upper body. Many of the injuries go back years, meaning that under the now-current rulesOSHA would not be able to act against Austal, although it could make suggestions on better practices. For years there has been confusion over the statute of limitations around OSHA's enforcement of safety breaches, so during the dying
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$72.5-million stock purchase agreement has been approved by Essexs Board of Directors and is expected to close in the second quarter of 2017 April 24, 2017 Maxim Crane Rental Maxim Crane Works will acquire Coast Crane Company, a wholly-owned subsidiary of Essex Rental Corp. , in a stock purchase agreement. Founded in 1970 and based in Seattle, Wa., Coast is one of the largest providers of bare crane rental and related lift solutions servicing the West Coast of the United States. Maxims acquisition of Coast meaningfully enhances Maxim's full-service, nationwide crane rental and lifting solutions platform and expands its operations in one of the nations fastest growing crane rental markets. Maxim will acquire all of the issued and outstanding shares of Coasts parent company, CC Acquisition Holding Corp., for $72.5 million, subject to closing date working capital and other adjustments. The sale has been approved by Essexs Board of Directors and is expected to close in the second quarter of 2017. The transaction is subject to customary closing conditions and the approval of Essex stockholders. Following the closing, Maxim will begin integrating Coast with its existing operating business. Customers will continue to receive the same high quality service they have come to expect.
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