Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Park Ridge, New Jersey. The company was incorporated on August 31, 2005. The company deals with equipment rental business, and operates in three business segments, which are, car rentals, equipment rentals, and other operations. As regards to the car rental business, Hertz holdings, along with its independent licensees and associates, have around 7,600 locations in 145 countries, from where they accept reservations for car rentals. The company has its network all over the US, and in major European market, and has recently added its operation in Asia. As regards to its equipment renting business, Hertz Holdings has 360 branches in the US, Canada, France and Spain, and has international licensees as well. In addition to the above, Hertz also deals in retail used car sales, with outlets in the US and France. In its renting equipment business in North America and Europe, the company deals with earthmoving equipment, material handling equipment, aerial and electrical equipment, air compressors, generators, pumps, small tools, compaction equipment, and construction-related trucks. Hertz also sells equipment and consumables. The company also services claim administration, such as: Investigating. Evaluating. Negotiating and disposing of various claims, including:third-partyfirst-partybody injuryproperty damage, general liability, and product liabilityThe licensees and associates of Hertz Holdings operate in over 140 locations in the world, and also operates in most of such countries which have Hertz operated rental locations. Hertz Global serves various industries, such as construction, petrochemical, automobile manufacturing, railroad, power generation, and shipbuilding.
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