RER Magazine

SUBSCRIBE NOW!

Newsletters

SUBSCRIBE NOW!

 

Blog

Newsletters

Stay up-to-date on the latest marketing intelligence and opportunities.

RER Reports RER ProductWire
Subscribe

Issue Archive

Event Calendar

The Rental Show– New Orleans, LA
February 6-8, 2012

» More events and information

Social Media

More ways to stay informed...

  

follow us on twitter

Find us on Facebook


HERC Opens Supply-Heavy Prototype Branch

NASHVILLE, Tenn. - Hertz Equipment Rental Corp. last month opened a branch in Nashville, Tenn., that appears to signal a new direction for the rental industry's second-largest rental company, RER has learned. With a 4,000-square-foot showroom and 8,000-square-foot warehouse, HERC is continuing its experiment with point-of-purchase contractor supplies.

HERC's new Nashville branch is a consolidation of three smaller outlets it operated in the Nashville area before, which included its own branch and two it acquired from Care Supply. Manager Chris Coleman told RER that the branch, a prototype of HERC's new direction, has 16 service bays and 70 employees, and is designed to be a one-stop shop with a full gamut of equipment from point-of-purchase contractor supplies to large earthmoving equipment. And after doing business here as Hertz Care, the transition name has been dropped in favor of Hertz Equipment Rental & Supply.

In a departure from its past emphasis, Hertz has, within the past two years, also acquired Cleveland-based Phillips, Day & Maddock and Kansas City, Mo.-based Contractor Supply Co. - rental companies that, in addition to renting large construction equipment, sold significant quantities of contractor supply items.

BEAUMONT, Texas- Hertz Equipment Rental Corp. last month acquired Service Pump & Compressor, based here, a leading supplier of pumping equipment for industrial and construction customers and municipal and offshore markets.

Its 13 locations (Theodore and Hueytown, Ala.; Tampa and Orlando, Fla.; Broussard, Sulphur, Baton Rouge, Belle Chasse and Shreveport, La.; Jackson, Miss.; and Clute, LaPorte and Beaumont, Texas) will operate under the name Hertz Service Pump & Compressor.

"With an already expanded line of pump equipment, the addition of Service Pump provides us with the ability to service well-pointing and dewatering construction and petroleum-chemical water sites," said Gerald Plescia, HERC president. "We're very pleased, too, that principals Loddie Naymola, Dennis Mitchell, Ashley Walker and Donald Lewis will remain with the acquired company."

Service Pump & Compressor's net revenues for 1998 were $13.8 million. No price was disclosed for the cash-for-stock transaction.

HERC, Park Ridge, N.J., is No. 2 on the RER 100, with estimated 1998 rental revenue of $603.1 million.

Want to use this article? Click here for options!
© 2012 Penton Media Inc.


Acceptable Use Policy
blog comments powered by Disqus

most recent story

popular articles

Popular Articles

Recent Comments

Stock Block

Buyers Guide

Buyers Guide

The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.

Learn More
Sourcebook

Rental Rate Guide

Rental Rate Guide 2012

Want to know how much equipment is renting for these days? Find out in RER's original 2012 Rental Equipment Rate Guide.

Learn MoreAdd to Shopping Cart
Sourcebook