Not too long ago, I brought to your attention a newly listed "boring" company. Yes, the fact of the matter is that some of the best investment opportunities in the marketplace fall under the "boring" business category.

No matter, look how successfully Warren Buffett's been buying steady, but boring businesses.

The company that I'm talking about is H&E Equipment Services Inc. (NASDAQ:HEES). When you read the company's name, it doesn't generate much in the way of excitement. "Equipment services" doesn't really inspire, but as a business, the company's success speaks for itself.

H&E Equipment Services is one of the largest equipment services companies in the U.S. with 47 full service facilities throughout the Intermountain, Southwest, Gulf Coast, West Coast and Southeast regions. Based in Baton Rouge, LA, the company rents, sells, and provides parts and service for heavy construction and industrial equipment in four specialized categories: hi-lift or aerial platform equipment, cranes, earthmoving equipment, and industrial lift trucks.

If there ever was a way to play the burgeoning mining and construction industries, this company is an excellent benchmark. The company hasn't completed its financial statements for the second quarter of this year, but it recently raised its guidance for the current quarter.

The company currently expects revenues for the three months ended June 30, 2006 to be at least $198 million. This represents a 43% gain over second quarter 2005 revenues of $138 million.

H&E also noted that it expects its operating margins to grow over the comparable period in 2005. Most of the company's growth in the latest quarter is due to the first full quarter results from its acquisition of Eagle High Reach Equipment in February 2006. Still, a 43% gain in revenues is impressive nonetheless.

The stock trades for a reasonable valuation on the market, and it looks to have a bright future ahead. For a "basic industry" type of investment opportunity, H&E Equipment Services looks to be one of the most interesting.