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Tag: H&E
Dealers
H&E Equipment Services opens new Los Angeles branch
H&E Equipment Services has opened a new branch in Sun Valley, California, serving the Los Angeles market. The 15,000-square-foot facility sits on four acres with a fenced yard area, offices, parts warehouse, and a repair shop with five service bays. It joins the H&E facility in La Mirada in serving the greater Los Angeles area. […]
May 20, 2020
Dealers
H&E Equipment Services sees rental revenues rise 21% in 2Q
Citing ongoing strength in non-residential construction markets, H&E Equipment Services says it saw a 7.5 percent increase in total revenues and a 2.2 percent increase in average rental rates compared with the the same quarter last year. “Our customers remain optimistic with solid visibility into their project pipelines for the remainder of this year and […]
July 29, 2019
Dealers
Big Texas growth spurs H&E Equipment Services to expand, relocate in Midland
The Midland, Texas branch of H&E Equipment Services has moved to an expanded facility to better service West Texas. More information here.
November 15, 2018
Dealers
In Aledo, H&E continues expansion with 16th branch opened in Texas
H&E Equipment Service opens new branch in Aledo, TX, which specializes in general construction equipment from a plethora of big name manufacturers.
June 11, 2018
Dealers
Business Roundup: Deere 2Q equipment sales leap 34%; H&E opens new Salt Lake City location; Deutz Power Centers now service, parts centers for Genie aerial lifts; E-Z Drill adds Mid Country Machinery to dealer network; Cat marketing Aurora plant for repurposing
This week Deere saw a sharp improvement in Q2 sales, E-Z Drill added Mid Country Machinery to dealer network, and H&E opened new Salt Lake City operation.
May 28, 2018
Dealers
H&E Equipment to buy Rental Inc., expanding presence in Ala., Fla., western Ga.
H&E Equipment Services is buying Rental Inc., which has five branches located throughout Alabama and Florida. Under terms of the agreement, H&E is expected to pay about $68.6 million in cash for Rental Inc., subject to customary adjustments. The transaction is expected to close in the first quarter of 2018. The purchase is part of H&E’s ongoing […]
January 30, 2018
Dealers
H&E opens new Sacramento branch with upgraded facilities
H&E Equipment Services has moved its Sacramento-area branch to a larger, newly-constructed facility in the Sacramento city limits. The previous location was 17 miles away in Rancho Cordova, a neighboring city in Sacramento County. The new facility – one of eight H&E branches in California – is serving customers throughout Sacramento and surrounding areas, where […]
December 11, 2017
Dealers
H&E buys Denver-based Contractors Equipment Center
H&E Equipment Services announced the acquisition of Contractors Equipment Center (CEC) – a rental firm in the greater Denver area – for $122.4 million. The transaction, expected to be completed late this year, is subject to clearance by the U.S. Justice Department for compliance with antitrust laws. The purchase amount is subject to customary adjustments, […]
November 28, 2017
Dealers
Business Roundup: United buys Cummins power equipment assets; Barko adds Crosby Equipment; H&E opens Durham branch; Prinoth adds CG Equipment; Mont. rental equipment embezzlement
United Rentals buys power equipment assets from Cummins Following the recent announcement its plans to purchase of Neff Corporation, United Rentals says it has bought power equipment assets from Cummins, with service and equipment available immediately. The purchase gives the company Cummins’ mobile rental generator fleet made up of equipment with output ranging from 150 Kilowatts […]
September 5, 2017
Dealers
H&E Equipment Q2 revenues up 3%, net income jumps 32%
Baton Rouge-based H&E Equipment Services saw second quarter revenues increase 3 percent over the same quarter in 2016 at $249.4 million, with a 32 percent increase in net income to $9.9 million. Revenues were led by an 8.9 percent increase in rental revenue for the quarter, reaching $118.4 million compared to $108.7 in 2016. H&E’s […]
August 1, 2017
Dealers
H&E Equipment Services opens new branch in Beaumont, Texas
H&E Equipment Services, based in Baton Rouge, Louisiana, has opened a new branch in Beaumont, Texas, bringing its total number of locations across the country to 78. The new site joins neighboring branches in Houston, Texas, and Lake Charles, Louisiana, the company says. “As we focus on expansion and growth we are able to meet […]
February 10, 2017
Dealers
Lincoln Electric endows welding fund, a new H&E facility and more in the latest Dealer and Manufacturing News Roundup
Lincoln Electric endows Ohio State welding engineering program Cleveland-based Lincoln Electric and David Lincoln have co-funded the first endowed professorship in welding engineering at The Ohio State University. In addition to a $1 million donation, the company also donated or consigned approximately $420,000 worth of welding equipment and technology for use by Ohio State students […]
July 10, 2015
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