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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 high head diesel pumps are designed to efficiently and effectively handle a variety of liquids. These pumps offer a higher head rating than most trash pumps and discharge with a max head of 650 feet.
Features and applications include:
- 24-hour running fuel capacity – most models
- Produce enough pressure to eliminate need for series pumping
- Proven design – reliable and rugged
- Safety shutdown switches
- LOFA Industries automatic control panel
- Ideal of use in quarries, forced mains and other high head applications
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|MAKE||MODEL||DESCRIPTION||MAX FLOW||MAX HEAD||SOLIDS HANDLING||MAX FUEL CONS||CAT-CLASS|
|Cornell||2.5H||Vac Assist High Head 4" x 3" DSL||450 GPM||315'||.41"||4.7 GPH @Max RPM||804-1450|
|Cornell||3HC||Vac Assist High Head 6" x 3" DSL||1,100 GPM||430'||.50"||9.3 GPH @Max RPM||804-1470|
|Cornell||4NHTB||Vac Assist High Head 6" x 4" DSL||1,600 GPM||380'||3"||6.0 GPH @Max RPM||804-1480|
|Cornell||6HH||Vac Assist High Head 8" x 6" DSL||3,200 GPM||360'||1.2"||14.3 GPH @Max RPM||804-1520|
|Cornell||8NHTA||Vac Assist High Head 10" x 8" DSL||4,500 GPM||380'||3.4"||14.3 GPH @Max RPM||804-1550|
|Pioneer||PP12S17||Vac Assist 12" x 12" SUPER DSL||6,440 GPM||125'||3.8"||19.5 GPH @Max RPM||801-1300|
|Cornell||6822MX||Vac Assist High Head 8" x 6" DSL||4,000 GPM||650'||2"||30 GPH @Max RPM||813-2600|