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Herc Rentals is an equipment rental company, owned by Herc Holdings. It was formerly a subsidiary of The Hertz Corporation before being spun-off as a separate company in 2016. The company provides rentals of heavy equipment , [ 3 ] tools, power generators and pumps, [ 4 ] as well as sales of used equipment.
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
In 2006, MTD began building lawn equipment under the fmc brand for sale in Europe. In 2007, MTD began building the low-end lawn and garden tractors for its otherwise competitor, Toro. In 2008, MTD began having a third-party company (located in China) manufacture a new line of engines for the Craftsman 2008 line of snowthrowers.
The Toro Company was established as the "Toro Motor Company" in 1914 to build tractor engines for The Bull Tractor Company. [4] It built steam engines to support war efforts during World War I, and changed its name to Toro Manufacturing Company in 1920 when it began to refocus on manufacturing farm equipment. [5]
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United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]
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