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January 18, 2014 • Vol. IXX • No. 2 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
Inside
Kansas City Waterpark Builds ‘Insane’ Waterslide
JCB Names New CEO as Patterson Retires ...16
Verrückt is becoming more than a waterslide, it’s becoming a monument in that area, according to park spokesman Winter Prosapio. See page 54 for full story.
ELFA Names 10 Top Acquisition Trends for 2014
Wacker Neuson Honors Dealers...18
work associated with it. The company had already carried out a similar project in the same city, when they handled reconstruction and utility work at Kasold Street in 2010. For the Iowa Street job it fielded a fair-sized fleet of equipment, including Caterpillar trackhoes, used for installing pipes, removing
The Equipment Leasing and Finance Association (ELFA), which represents the $827 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses, nonprofits and government agencies will spend in excess of $1.5 trillion in capital goods or fixed business investment (including software) this year, financing more than half of those assets, these trends impact a significant portion of the U.S.economy. Businesses will need to consider a dynamic environment of economic growth, wider credit availability, and favorable interest rates in their equipment acquisition decision-making. ELFA President and CEO William G. Sutton, said, “For a majority of U.S. businesses, equipment financing is a critical source of funding, helping them to acquire the equipment they need to operate and grow. Equipment acquisition plays a critical role in driving the supply chains across all U.S. manufacturing and service sectors. To assist businesses in planning their acquisition strategies, we have distilled recent research data, including the Equipment Leasing & Finance Foundation’s 2014 Equipment Leasing & Finance
see KDOT page 64
see ELFA page 48
King’s Construction Co. Inc., of Oskaloosa, Kan., served as general contractor for the job, which involved reconstruction of the intersection of Lawrence’s 15th Street and Iowa Street and the utility work associated with it. Foun der of Do nald Smock Auc tion Di es. ..24
Table of Contents ........4 Parts Section ..............63 Paving Section ......69-79 Auction Section ....84-97 Business Calendar ......85 Advertisers Index ......98
$6.6 Million Kansas Street Reconstruction Complete By Mary Reed CEG CORRESPONDENT
The $6.6 million project to reconstruct Iowa Street in Lawrence, Kan., has just recently been completed. Funded by moneys from the city sales tax and two Kansas Department of Transportation (KDOT) sources — the Highway
Safety Fund and the Surface Transportation Program — the project kicked off in February 2013 and was completed on Nov. 16. King’s Construction Co Inc., of Oskaloosa, Kan., served as general contractor for the job, which involved reconstruction of the intersection of Lawrence’s 15th Street and Iowa Street and the utility