The 362nd Engineer Company (Light Engineer) originally started out as the 628th Engineer Company (LE). It was organized on 25 February 1943 and assigned to AIII Corps. The 628th was activated at Plattsburg Barracks, New York and was recognized under a new TO&E in March 1943. On 6 September 1943 the company was temporarily transferred from Plattsburg Barracks, New York to Elkins, Virginia. The company remained there until another temporary transfer moved it from Elkins, Virginia on 21 December 1943 to Fort Dix, New Jersey. It then transferred from Fort Dix to New York PO (Staging at Camp Kilmer, New Jersey) enroute to permanent assignment in the European Theater of Operations. The company arrived in England on 13 February 1945 and remained there until 9 August 1945. In England they were again reorganized under a new TO&E. The unit was then transferred from England to a port in the United States for further movement to Fort Benning, Georgia. Upon arrival at Fort Benning, on 24 August 1945, the unit was assigned to Army Ground Forces, Second Army. On 3 October 1945, the company was relieved from its assignment to the Second Army and assigned to the First Army. The 628th Engineer Company (LE) was deactivated as of 15 November 1945.
The unit was redesignated the 362nd Engineer Company (LE) effective 16 July 1948 and allotted to the Organized Reserve and assigned to the Third Army and activated at Gainesville, Florida. Effective 3 November 1948 the 362nd Engineer Company (LE) was redesignated the 362nd Engineer Company (Heavy Equipment) and reorganized under a new TO&E for heavy equipment companies. Again on 1951 the unit was reorganized under a new TO&E. On 23 June 1953 the unit was deactivated. On 11 June 1954 the 362nd Engineer Company (HE) was redesignated the 362 Engineer Company. At that time it was withdrawn from the Army reserves and allotted the Regular Army.
It was activated as a Heavy Equipment Company at Fort Knox, Kentucky. Effective 22 November 1956 the 362nd Engineer Company was reactivated as a Light Equipment Company at Fort Lee, Virginia and assigned to the Second Army. The 362nd Engineer Company remained at Fort Lee until it departed for Qui Nhon, republic of Viet Nam on 17 August 1956. Having gone through so much the 362nd Engineer Company was awarded the Lineage and Honors by order of the Secretary of the Army.