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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
Herc Rentals 120-foot-plus telescopic boom lifts allow you to reach the highest of heights without the use of a crane -- safely and quickly. These lifts range from 126 to 191-feet in working height.
Features and applications include:
- 4WD and 4-wheel steer
- Up to 180-degree platform rotation
- Platform can hold three people and materials
- Large work envelope with up to 10-foot jib
- Ideal for oil and gas industries, commercial and industrial construction, maintenance, entertainment staging and more
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|MAKE||MODEL||PLATFORM HEIGHT||WORKING HEIGHT||PLATFORM CAPACITY||MAX OUTREACH||ENGINE||DIMENSIONS (LWH)||WEIGHT||CAT-CLASS|
|JLG||1200SJP||120'||126'||500/1,000 lbs||75'||Diesel||34' 11" x 8' 2" x 10'||40,900 lbs||410-4400|
|Genie||Z135/70||135'||141'||600/1,000 lbs||75'||Diesel||42' 5" x 8' 2" x 10' 2"||46,500 lbs||410-3360|
|JLG||1350SJP||135'||141'||500/1,000 lbs||80'||Diesel||38' 11" x 8' 2" x 10'||45,000 lbs||410-3360|
|Genie||SX-135 XC||135'||141'||660/1,000 lbs||90'||Diesel||43' 7" x 8' 2" x 10'||47,500 lbs||410-4422|
|JLG||1500SJ||150'||156'||500/1,000 lbs||80'||Diesel||43' x 8' 2" x 10'||48,000 lbs||410-4430|
|Genie||SX150X||152'||158'||750 lbs||80'||Diesel||42' 8" x 8' 2" x 10'||49,950 lbs||410-4430|
|Genie||SX180||180'||186'||750 lbs||80'||Diesel||42' 8" x 8' 2" x 10'||55,000 lbs||410-4440|
|JLG||1850SJ||185'||191'||500/1,000 lbs||80'||Diesel||47' 9" x 8' 2" x 10' Jib Stowed||59,930 lbs||410-4440|