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Message
re: Louisiana based H&E expanding again; this time into Montana
Posted on 4/11/24 at 12:21 pm to bayouteche
Posted on 4/11/24 at 12:21 pm to bayouteche
quote:
Any of you baws in the equipment rental business?
I’m curious about the profit obtained on a rental during the machine’s life cycle. It has to be pretty healthy, there are at least 10 rental companies just in NELA.
In even moderately hot areas (a steady flow of new construction/expansion projects), equipment rental can be extremely lucrative. I imagine most of H&E's offices between Baton Rouge and Houston do particularly well.
1
Posted on 4/11/24 at 12:24 pm to goofball
quote:
In even moderately hot areas (a steady flow of new construction/expansion projects), equipment rental can be extremely lucrative. I imagine most of H&E's offices between Baton Rouge and Houston do particularly well.
A lot of construction companies have moved away from owning equipment these days, with the exception of specialty equipment. I know we have. Way too much headache maintaining and operating a fleet.
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