Herc Holdings Inc., formerly known as Hertz Global Holdings Inc., is a well-known equipment rental company that was founded in 1965. The company has a long history of providing a wide range of rental equipment and services to various industries, including construction, industrial, and infrastructure sectors. Herc Holdings operates under its subsidiary, Herc Rentals Inc., which is one of the largest equipment rental suppliers in North America.
Herc Rentals offers an extensive fleet of equipment and tools for rent, including aerial lifts, earthmoving equipment, power generators, pumps, and more. Their rental solutions cater to the needs of contractors, government entities, and other businesses involved in construction, maintenance, and restoration projects. The company's equipment is known for its quality and reliability, helping customers efficiently complete their projects.
Herc Holdings went public in 2006, marking a significant milestone in its corporate history. The initial public offering (IPO) allowed the company to raise capital and expand its operations further. As a publicly traded company, Herc Holdings operates under the ticker symbol "HRI" on the New York Stock Exchange, providing investors with an opportunity to participate in the growth and success of the equipment rental industry.
In addition to equipment rental, Herc Holdings offers value-added services to enhance the customer experience. They provide comprehensive equipment training, safety programs, and maintenance support to ensure the safe and efficient operation of rented equipment. The company also offers online and mobile platforms for customers to access equipment information, manage rentals, and request services conveniently.
Over the years, Herc Holdings has focused on innovation and technology to improve its offerings. They have implemented telematics systems in their equipment fleet, allowing customers to track usage, monitor performance, and optimize utilization. This data-driven approach helps customers make informed decisions, minimize downtime, and maximize productivity.