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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’ dry ice blasting machines provide an economical and efficient way to clean nearly any surface. Using nonflammable and nonconductive dry ice pellets means most equipment can be cleaned in place without any disassembly or cooling.
Features and applications include:
- Environmentally friendly - no chemicals or harmful vapor
-Non-abrasive, nonflammable and nonconductive
- Does not generate any secondary waste
- A 375 CFM air compressor is highly recommended for the Commando AP and required for the Commando 75
- Removes residue, spatter, slag, grease, contaminants, oils, mold and more
- FDA-approved method for the food and beverage industry
- A Command Air350 Aftercooler is included in the Blaster rental package
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|MAKE||MODEL||HOPPER CAPACITY||DRY ICE CONSUMPTION||OPERATING RANGE||BLASTING PRESSURE||DIMENSIONS (LWH)||WEIGHT||CAT-CLASS|
|NU-ICE AGE||Commando AP||40 lbs||0-425 lbs/hr||60-250 psi @85-185 CFM||60-250 psi||32"x20"x36.3"||168 lbs||100-5150|
|NU-ICE AGE||Commando 75||75 lbs||0-425 lbs/hr||70-250 psi @ 375 CFM||70-250 psi||35" x 23.3" x 38.8"||225 lbs||100-5155|
|MAKE||MODEL||PRESSURE RATING||FLOW CAPACITY||DIMENSIONS (LWH)||WEIGHT||INLET/OUTLET|
|NU-ICE AGE||Commad Air350||232 psi MAX||233 SCFM @ 100 psi 252 SCFM @ 232 psi MAX||48" x 26.6" x 18.8"||180 lbs||1.5 NPT F in 1" NPT F out|