Busniess View Magazine - September 2024

“21 years in the hydrovac industry, I don’t like to talk much. I like to deliver with actions. We have a large fleet of hydrovacs. We have water trucks, backfill services, pressure trucks, combo units and have a team for disposal management. I couldn’t be happier with my team in all aspects: customer service, production, safety. We pride ourselves in providing our clients with the best service possible and experience the HEEL difference yourself. We HEEL rolls into location and we have trained experienced crews, top of the line clean equipment with all the tools and safety gear required to complete the job at hand.” That project, which came in at an impressive $4 million, was a turning point for Hoffman Elite. “It put our name on the map,” Hagel says with pride.“It showed our customers, both the ones using us and those who haven’t yet, that Hoffman Elite is here to stay. And we’re only going to get bigger from here.” GROWTH THROUGH DIVERSIFICATION AND INDIGENOUS RELATIONS In an ever-evolving market where industries rise and fall based on political and economic currents, Hoffman Elite Enterprises has taken a strategic approach to sustainability—by diversifying its portfolio across multiple sectors. With a federal government that places increasing emphasis on sustainability and green initiatives, the company has had to think beyond traditional oil and gas work to remain resilient. “We talk about sustainability all the time,” Hagel says.“We’ve made a conscious effort not to throw all our eggs in one basket. We’re not just focused on oil and gas, or mining, or large-scale construction. We’ve diversified to cover all of those bases.” He explains that this strategy has been crucial to maintaining stability, especially during downturns in certain sectors. This balanced approach has allowed Hoffman Elite to maintain impressive year-over-year growth, even during periods of economic uncertainty. “That diversity is what keeps us growing in that 50 to 60% range every year,” Hagel notes, stressing that their adaptability is what ensures the company’s sustainability in the long term. 161 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 09 HOFFMAN ELITE ENTERPRISES

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