Hertz Equipment Rental Corp., Park Ridge, N.J., has acquired WGI Rentals, headquartered in Williston, ND.
"We're excited to be expanding our equipment rental business into the North Dakota marketplace," commented Hertz President, Mark P. Frissora. "With its experience in providing equipment to the emerging petro-chemical market in North Dakota, WGI enables Hertz to bring its industrial service expertise into a new region while enabling Hertz to tap into the growth of North Dakota's oil and gas industry."
Acquiring WGI Rentals continues Hertz’s strategy of expanding into the North American oil and gas market. Hertz Equipment Rental specializes in supporting industrial markets with 24/7 service that includes rental of trucks, material-handling, and aerial equipment, as well as power and industrial pumping products.
Hertz says North Dakota’s Bakken Shale Oil formation is a key market supporting the demands for US energy. The WGI acquisition allows Hertz to further penetrate the exploratory drilling activity in and around the Bakken Shale.
Founded and headquartered in Williston, N.D., WGI Rentals has been servicing the local community and Bakken Shale service contractors since 2007.
Hertz Equipment Rental Corporation -- a wholly owned subsidiary of The Hertz Corporation since 1965 -- operates one of the world's largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers.
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