In July 2010, the U.S. Government signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). Section 1502 of the Dodd-Frank Act requires all US publicly traded companies to file disclosures and reports with the U.S. Securities and Exchange Commission related to the use of conflict minerals (tin, tantalum, tungsten and gold) in their products. More information on this topic is available athttp://www.sec.gov/news/press/2012/2012-163.htm.
The Neff Group is committed to assisting our customers in their efforts to obtain the information they need to comply with this new SEC rule. Neff is committed to carry out Conflict Minerals compliance and due diligence activities.
- We are surveying our suppliers to determine if conflict minerals are used in the products that we offer for sale. If yes, we will ask our suppliers if they know the country of origin for the conflict mineral(s) included in the product.
- We will provide the product information that has been collected by these supplier surveys to companies that request this information as best we can.
The Neff Group distributes thousands of products that are manufactured by hundreds of companies located across the United States as well as other countries. As you can appreciate, the SEC’s Conflict Minerals rule creates a challenge for many companies, especially in the early days of this new rule, since product manufacturers might not have ready access to all of the information being requested of them.
The Neff Group will work with our suppliers to continuously improve our ability to satisfy customer requests for information.
The Neff Group Distributors, Inc.