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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
When your demolition job involves hazardous working conditions, you may want to send in a robot to get the job done. Still, you’ll need sturdy, efficient and compact equipment, and that’s where Herc Rentals’ lineup of demolition robots come in. These innovative “demobots” integrate remote control technology into a highly capable multitool that places safety at the forefront.
Features and applications include:
- Numerous attachments available designed to accomplish any job
- Low weight and compact footprint to fit into tight spaces
- Long reach for getting into confined areas
- Powerful, electric operation
- Outriggers to provide stability
- Ideal for breaking down walls, hard surfaces and more
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|MAKE||MODEL||POWER TYPE||GENERATOR REQUIRED||SHORE POWER REQUIRED||REACH||WEIGHT||DIMENSIONS (LWH)||CAT-CLASS|
|Husqvarna||DXR 140||Electric 480v 3ph||45” kW (56 KVA), 480v 3ph||480v 3ph 40 AMPS||14’ (UP) 12’ (Forward)||2,132 lbs||76” x 30” x 48” (Down) 76” x 30” x 55” (Up)||230-1000|
|Husqvarna||DXR 300||Electric 480v 3ph||45” kW (56 KVA), 480v 3ph||480v 3ph 40 AMPS||17’ (UP) 16’ (Forward)||4,321 lbs||111” x 31” x 54” (Down) 111” x 31” x 61” (Up)||230-1100|