BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ: HEES) (the “Company”) today announced the appointment of Kevin Inda as vice president of investor relations, effective immediately. Mr. Inda is responsible for managing the Company’s communications with shareholders, potential shareholders, industry analysts and the financial community in general.
Mr. Inda has more than 25 years of experience in the investor relations profession, most recently serving for 15 years as senior vice president and principal of Corporate Communications, Inc. (CCI), one of the largest independent investor relations consulting firms in the country. H&E Equipment Services, Inc. was Mr. Inda’s largest and most longstanding client. Prior to joining CCI, he was vice president of investor relations for Powertel, Inc. and Pocket Communications, Inc., both wireless personal communications carriers. Prior to that, he managed financial communications at MCI Communications Corporation in Washington, D.C. Mr. Inda holds a bachelor’s degree in journalism from Texas A&M University.
John Engquist, H&E Equipment Services’ chief executive officer, commented, “Kevin and his firm have assisted us with our investor relations initiatives since our public offering in February of 2006. Over this 10-year relationship, he has amassed an enormous amount of knowledge about our Company, the equipment rental industry and trends in the non-residential construction market. We are very pleased to have Kevin on our team, which will allow us to be even more proactive with our shareholders and the investment community.”
About H&E Equipment Services, Inc.
The Company is one of the largest integrated equipment services companies in the United States with 76 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions. The Company is focused on heavy construction and industrial equipment and rents, sells and provides parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial platform equipment; (2) cranes; (3) earthmoving equipment; and (4) industrial lift trucks. By providing equipment rental, sales, on-site parts, repair and maintenance functions under one roof, the Company is a one-stop provider for its customers’ varied equipment needs. This full service approach provides the Company with multiple points of customer contact, enabling it to maintain a high quality rental fleet, as well as an effective distribution channel for fleet disposal and provides cross-selling opportunities among its new and used equipment sales, rental, parts sales and services operations.
Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws. Statements that are not historical facts, including statements about our beliefs and expectations are forward-looking statements. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “project”, “intend”, “foresee” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, the following: (1) general economic conditions and construction and industrial activity in the markets where we operate in North America; (2) our inability to forecast trends in our business accurately, and the impact of economic downturns and economic uncertainty in the markets we serve; (3) the impact of conditions in the global credit and commodity markets and their effect on construction spending activity and the economy in general; (4) relationships with equipment suppliers; (5) increased maintenance and repair costs as we age our fleet and decreases in our equipment’s residual value; (6) our indebtedness; (7) risks associated with the expansion of our business; (8) our possible inability to effectively integrate any businesses we acquire; (9) competitive pressures; (10) compliance with laws and regulations, including those relating to environmental matters and corporate governance matters; and (11) other factors discussed in our public filings, including the risk factors included in the Company's most recent Annual Report on Form 10-K. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, we are under no obligation to publicly update or revise any forward-looking statements after the date of this release.
