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February 28, 2015 • Vol. IXX • No. 5 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
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Inside
Phase 1 Down, 2 to Go on Iowa Hwy. 100 Extension Jeré Fabick (L), current president and CEO of FABCO, and Doug Fabick, current president and COO of Fabick CAT.
AED Hol ds Annual Summit, Condex Show…18
FABCO, Fabick Announce Merger, Historic Reunion Yoder & Frey Sale Feat ures Bargains...84
New construction of an extension onto Iowa Highway 100 in northern Cedar Rapids began in early June 2014 and is to be completed in two phases.
By Dorinda Anderson CEG CORRESPONDENT
Rit chie Br eaks Rec ords at Fl ori da Aucti ons. ..9 5
Table of Contents ............4 Attachment Section .................................35-39 Recycling Section ....55-67 Trucks & Trailer Section ...................................69-77 Business Calendar ........81 Auction Section ......83-101 Advertisers Index ........102
High voltage power lines and endangered turtle crossings were just a couple of things that added challenges to the already complex construction of a 4 mi. (6.4 km) stretch of new highway and the construction of several bridges. New construction of an extension onto Iowa Highway 100 in northern Cedar Rapids began in early June 2014 and is to be completed in two phases. Phase I, at an estimated cost of about $70 million, is expected to be completed by 2018 while Phase II, which includes the paving of the first 4 mi. stretch, is still in the design phase but is expected to be finished by 2020. The 4 mi. Phase I segment runs from Edgewood Road Northeast to Covington Road. Phase II will run from Covington Road to U.S. Highway 30. When both Phases are complete, the project is expected to cost about $200 million. “Access to the project was one of our early challenges,” said John Vu, project manager of the Iowa Department of Transportation, the lead developer of the
project. “On the east side of the river the only access crews had was from Old Ferry Road and so we first had to build a road to be able get to the east side.” The new highway extension will aid in moving traffic in this rapidly growing section of Cedar Rapids. Traffic projections by the Cedar Rapids Community Development Department show that traffic on Edgewood Road is projected to increase from about 22,000 vehicles each day to about 32,000, and from about 20,000 to 39,000 each day on Highway 100. see HIGHWAY page 34
Drilled shafts for bridge abutments along Edgewood Road.
FABCO Equipment Inc. (FABCO), of Milwaukee, Wis., and John Fabick Tractor Company (Fabick CAT), of Fenton, St. Louis County, Mo., recently announced they are joining their two family-owned, independentlyoperated companies to create one of the largest and most dynamic Caterpillar dealerships in the nation. The expanded organization will be led by Doug Fabick (current president and COO of Fabick CAT) as CEO and dealer principal along with his cousin Jeré Fabick (current president and CEO of FABCO) serving as president and co-dealer principal. The combined company will build on what each organization has achieved independently and provide an enhanced ability to grow, expand capabilities and further support customer success, according to the companies. The FABCO identity will transition over time to the Fabick CAT identity; this change is expected to take place over the next 36 months. The corporate headquarters will be located in St. Louis. “The strength, stability and long-term continuity of the Fabick family network of companies will enhance our ability to meet the needs of all of the customers who we have the privilege of serving in our combined territories,” said Doug Fabick. The combined enterprise will operate in a six state region, to include major portions of Missouri and Illinois, one county each in Kansas and Oklahoma, the Upper Peninsula of Michigan and the entire state of Wisconsin. Dealership capabilities will include 37 locations, 100 parts drops, and 550 service technicians, totaling more than 1,100 team members enhancing the see MERGE page 96