{"id":34188,"date":"2014-10-16T10:05:41","date_gmt":"2014-10-16T14:05:41","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=34188"},"modified":"2014-10-16T09:39:17","modified_gmt":"2014-10-16T13:39:17","slug":"hertz-global-holdings-inc-nysehtzs-subsidiary-hertz-equipment-rental-corporation-opens-new-facility-at-panama","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/hertz-global-holdings-inc-nysehtzs-subsidiary-hertz-equipment-rental-corporation-opens-new-facility-at-panama-34188","title":{"rendered":"Hertz Global Holdings, Inc. (NYSE:HTZ)\u2019s Subsidiary Hertz Equipment Rental Corporation Opens New Facility At Panama"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 10\/16\/2014 (wallstreetpr) \u2013 <strong>Hertz Global Holdings, Inc. (NYSE:HTZ)<\/strong>\u2019s subsidiary Hertz Equipment Rental Corporation (HERC) has announced the opening a unit in Panama City, Panama.<\/p>\n<p style=\"text-align: justify;\"><strong>New Center<\/strong><\/p>\n<p style=\"text-align: justify;\">As stated in a MarketWatch <a href=\"http:\/\/www.marketwatch.com\/story\/hertz-equipment-rental-launches-in-panama-to-serve-construction-and-industrial-markets-2014-10-15\" target=\"_blank\">article<\/a>, the company seeks to provide specialty devices rental solutions in the Panama City with its new launch. The key sectors that the new facility will cater to include government, industrial and construction. HERC Panama is overseen by Asesoria Especializada RAL S.A, which has been a part of the HERC global franchise group since 2013.<\/p>\n<p style=\"text-align: justify;\">HERC Panama deals in a wide range of commercial and industrial products that can be either be purchased or rented. Some of the equipment that\u00a0Hertz Global Holdings, Inc. (NYSE:HTZ) offers include compaction, compressed air, electrical, material handling, aerial, power and earthmoving machinery. It also aims at providing industrial plant services, along with comprehensive fleet management services.<\/p>\n<p style=\"text-align: justify;\"><strong>Mutual Benefits<\/strong><\/p>\n<p style=\"text-align: justify;\">Panama is currently an important centre for various industrial projects. Some of the most important ongoing projects in the country include transportation construction, the development of the Panama metro line, and the development of the Panama Canal. According to reports, the country\u2019s government has plans to invest as much as $20 billion in a number of such development programs over a period of five years. HERC\u2019s new facility in the country also aims to contribute significantly in its development.<\/p>\n<p style=\"text-align: justify;\">In this context, Hertz\u2019s Interim CEO, Brian MacDonald, commented that Panama could benefit significantly from Hertz\u2019s presence in the current scenario. This is because\u00a0Hertz Global Holdings, Inc. (NYSE:HTZ) would prove to be a valuable source of rental equipment in Panama. On the other hand, he said that HERC Panama would also benefit as this is an important opportunity for it to expand its international footprint. He also emphasized that Panama is among the fastest growing markets of Latin America, which makes it an attractive destination for businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/16\/2014 (wallstreetpr) \u2013 Hertz Global Holdings, Inc. (NYSE:HTZ)\u2019s subsidiary Hertz Equipment Rental Corporation (HERC) has announced the opening a unit in Panama City, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":19569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[11018,1919,1920],"stock_ticker":[],"class_list":["post-34188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brian-macdonald","tag-hertz-global-holdings-inc-nysehtz","tag-nysehtz","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hertz Global Holdings, Inc. (NYSE:HTZ)\u2019s Subsidiary Hertz Equipment Rental Corporation Opens New Facility At Panama - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/hertz-global-holdings-inc-nysehtzs-subsidiary-hertz-equipment-rental-corporation-opens-new-facility-at-panama-34188\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hertz Global Holdings, Inc. (NYSE:HTZ)\u2019s Subsidiary Hertz Equipment Rental Corporation Opens New Facility At Panama - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 10\/16\/2014 (wallstreetpr) \u2013 Hertz Global Holdings, Inc. 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