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H&E Equipment Services, Inc. (symbol: HEES) is a well-established and integrated equipment dealership in the United States. Founded in 1961, the company has grown to become one of the largest equipment rental companies in the nation, currently ranking 8th on RER's list of top 100 equipment rental companies. H&E Equipment Services offers a comprehensive range of services including equipment rentals, sales of new and used equipment, parts, service, training, and crane remanufacturing.
The company is the largest dealer of Grove and Manitowoc cranes in the world and one of the largest Komatsu earthmoving dealerships in the United States. H&E's diverse portfolio includes high-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. The company's operations are divided into five principal business activities: equipment rentals, new equipment sales, sales of rental equipment, parts sales, and services.
H&E Equipment Services prides itself on its extensive network of stores located in key regions across the United States, including the Gulf Coast, Southeast, Mid-Atlantic, West Coast, Intermountain, and Southwest. This widespread presence ensures that H&E can provide prompt and efficient service to its diverse customer base. The corporate headquarters is situated in Baton Rouge, Louisiana.
In recent years, H&E Equipment Services has continued to expand its fleet, which is known for being among the youngest and most versatile in the industry. The company's superior equipment mix includes aerial work platforms, earthmoving equipment, material handling equipment, and other general and specialty lines. H&E serves a diverse set of end markets in many high-growth geographies, positioning itself as a vital player in the construction and industrial sectors.
Financially, H&E Equipment Services derives the majority of its revenue from the equipment rentals segment. The company's strategic focus on providing high-quality equipment and comprehensive service solutions has enabled it to maintain strong financial health and a competitive edge in the market.
For the latest updates and relevant information about H&E Equipment Services, Inc., including performance, events, and developments, you can stay informed through their news section.
H&E Equipment Services (NASDAQ: HEES) reported strong first quarter results for 2023, with revenues rising 18.4% to
H&E Equipment Services (NASDAQ: HEES) is set to release its 2023 first quarter financial results before market open on April 27, 2023. Following the release, the company will hold a conference call at 10:00 a.m. Eastern Time to discuss the results. Participants can join the call by dialing 844-887-9400 approximately 10 minutes prior. A telephonic replay will be available after 1:00 p.m. Eastern Time until May 4, 2023, by calling 877-344-7529 and entering confirmation code 8927475. The live broadcast of the call will be accessible online through the company’s website and will remain available for 30 days. H&E Equipment is recognized as one of the largest rental equipment firms in the U.S., providing a diverse fleet across various high-growth geographies.
On March 13, 2023, H&E Equipment Services, Inc. (NASDAQ: HEES) announced the appointment of Suzanne H. Wood to its Board of Directors, expanding the board from ten to eleven members. Wood, aged 63, brings extensive experience from her past roles as CFO of Vulcan Materials and Chief Financial Officer at Ashtead Group. She also serves as a board member and chair of the audit committee for RELX Group and Ferguson plc. Her addition is expected to enhance the Board's expertise in the construction and rental industries, as noted by Executive Chairman John Engquist.
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