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Dear Colleagues, Customers and Friends,
We have received a few inquiries regarding Hertz Global Holdings’ recent announcement about its financial outlook. We want to make clear that we are two separate and independent public companies.
Since the spin-off in 2016, Herc Holdings Inc., an equipment rental business operating through its Herc Rentals Inc. subsidiary, has been operationally and administratively independent of Hertz. Our companies are governed by different boards of directors and we each operate in different sectors and serve different customers.
Herc Holdings Inc. recently reported first quarter results ending March 31, 2020 and provided an update regarding the impact of the COVID-19 pandemic on operations. Our financial position and balance sheet are strong, and our debt is rated B1 by Moody’s and B+ by S&P. We have ample liquidity of $1.1 billion, and our net debt totaled $2.1 billion with a net leverage ratio of 2.7x.
We are well-financed, we have ample liquidity, and we have the fleet available. We are committed to serving the equipment needs of our customers and our communities safely, efficiently and effectively.
Should you have any questions about our services or equipment for rent, please contact your customer sales representative or call 800-654-6659.
President and Chief Executive Officer
These tough, construction-oriented lifts are designed for outdoor aerial projects with limited access and less-than-ideal ground conditions. Reaching working heights of 53 feet, these lifts include outriggers to provide stability, foam-filled or air-filled rough-terrain tires, and are 4WD.
Features and applications include:
- Set up quickly
- Large decks allow for more space for people and materials
- Ideal for outdoor construction sites, industrial use and more
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|MAKE||MODEL||PLATFORM HEIGHT||WORKING HEIGHT||POWER SOURCE||PLATFORM CAPACITY||DIMENSIONS (LWH)||WEIGHT||CAT-CLASS|
|Genie||GS 2669 RT||26' 2"||32'||Diesel/Dual Fuel||1,500 lbs||10' 3" x 5' 9" x 8' 6"||7,295 lbs||405-1430/1450|
|SkyJack||SJ 8841 RT||41'||47'||Diesel/Dual Fuel||1,500 lbs||11' 5" x 7.25' x 9' 6"||10,880 lbs||405-1780/1800|
|JLG||530LRT||53'||53'||DSL or DF||1,500 lbs||17' x 7' 7" x 10' 1"||17,000 lbs||405-1850/1860|