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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
Find the source of any pipe obstruction – and blast through it. This “grab and go” pipe inspection system features a camera, 16 LED camera lights and a 7-inch LCD color monitor with a flexible gooseneck mount that makes finding obstructions quick and simple.
- Rugged frame and reel with drag brake and reel lock
- Versatile frame allows unit to be operated vertically or horizontally
- Braided Gel-Rod® push rod protects against moisture and provides for maximum pushing and pulling power
- 8-inch wheels allow you to easily roll to and from the job
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|MAKE||MODEL||LINE CAPACITY||CABLE/HOSE LENGTH||MOTOR||WEIGHT||CAMERA/MONITOR||CAT-CLASS|
|General||R-SV-D-WC||1-1/4 - 3"||5/16" x 25'||Drill Powered||25 lbs||N/A||125-1460|
|General||MR-C-O||2 - 4"||1/2" x 50'||1/2 hp||32 lbs||N/A||125-1440|
|General||C-GP-E||3 - 10"||1-5/8" x 200' (Camera width)||Electric 110v||56 lbs||7" Standard (Color)||125-1600|
|General||ER-E||3 - 6"||5/8" x 100'||1/3 hp||80 lbs||N/A||125-1470|
|General||JM-2900||3 - 8"||200'||13 hp||180 lbs||N/A||125-1510|
|General||JM-1450-A||1-1/2"||1/4" x 150" or 1/8" x 30'||1-1/2 hp Electric||111 lbs||N/A||125-1500|