H&E Equipment Services, Inc.

Hurricane Harvey caused extensive damage in Texas and Louisiana during August 2017, including major devastation to the Vernon Lake dam and spillway in Vernon, La., which is the subject of a $1 million Louisiana Department of Transportation and Development (LADOTD) repair project.

For more than 40 years, Layton's Tree service has been one of the premier tree maintenance and removal companies in the Southeast. For much of this period, its most important tool has been a National Crane boom truck. Layton Holsinger, founder and president of the Davidson, N.C.

The Terrebonne Levee & Conservation District (TLCD) and the Louisiana Coastal Protection & Restoration Authority (CPRA) are taking the lead on the U.S. Army Corps of Engineers' $10.3 billion Morganza to the Gulf Hurricane Protection Project in Louisiana, which so far has received an investment of more than $450 million in construction work for levees and floodgates.

The Georgia Department of Transportation (GDOT) is investing $58.9 million to demolish the two Causton Bluff Bridges built in 1963 over the Wilmington River (Atlantic Intercoastal Waterway) along Islands Expressway (CR 787) in Chatham County. The new bridges to take their place tower 90 ft.

H&E Equipment Services, Inc. announced results for the fourth quarter and year ended December 31, 2018. Fourth Quarter 2018 Summary Revenues increased 17.4 percent to $346.0 million versus $294.7 million a year ago. Pre-tax income was $34.8 million, an increase of $7.2 million, or 26.1 percent, from a year ago.

H&E Equipment Services Inc. announced its entry into a definitive agreement to acquire We-Rent-It (WRI), a non-residential construction-focused equipment rental company with six branches serving the growing central Texas market. Under the terms of the agreement, H&E is expected to pay approximately $100 million in cash for WRI, subject to customary adjustments.

Effective April 16, 2018, H&E Equipment Services Inc. (H&E) announced the relocation of its Colorado Springs branch to a new facility at 2401 Steel Drive, Colorado Springs. The 16,000 sq. ft. facility sits on four acres with a fully-fenced and paved yard area, offices, parts warehouse, and an eight-bay repair shop.

On April 19, H&E Equipment Services (H&E) held a grand opening of its new Durham, N.C., location. The new branch is located at 815 Ellis Rd., Durham, N.C., and provides full-service coverage to customers in northeastern North Carolina and the Triangle.

On Jan. 18, H&E Equipment Services Inc. held a grand opening celebration for its newly-constructed facility located at 6227 East Adamo Dr., Tampa, FL 33619, 813/635-9688. The company relocated its old Tampa branch to the new facility. The new branch provides full-service coverage for customers throughout Tampa, St.

H&E Equipment Services, Inc. recently announced its entry into a definitive agreement to acquire Rental Inc., a non-residential construction-focused equipment rental company with five branches located throughout Alabama and Florida. Under the terms of the agreement, H&E is expected to pay approximately $68.6 million in cash for Rental Inc., subject to customary adjustments.

H&E Equipment Services Inc. and Neff Corporation recently announced that they have entered into a definitive merger agreement under which H&E Equipment Services (“H&E”) will acquire Neff Corporation (“Neff”). Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, H&E will pay $21.07 in cash per share of Neff common stock, for a total enterprise value of approximately $1.2 billion, including approximately $690 million of net debt.