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March 15, 2014 • Vol. IXX • No. 6 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
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Inside
U of L Builds State-of-Art D1 Soccer Stadium By Mary Reed
CEG Launches First Ever Mobile App...22
CAS Makes Second Trip to Florida Auct ions...78
With an average of between 70 and 90 employees on the project daily and the The University of likelihood of this Louisville’s Lynn number increasing Stadium will be the over the coming best Division I Soccer months, ABEL Complex in the counConstruction is fieldtry when it’s completed ing a large fleet of this summer, according equipment. to the contractor. “We utilized Case The $18.5 million equipment in most stadium with seating cases — our subcapacity for more than sidiary, BALE 5,300 spectators Equipment Solutions, includes a 15,500-sq. is a Case dealer and a ft. (1,440 sq m) training Case CX55B compact center and will feature excavator, G6-42A a natural grass field. Designed by TEG The University of Louisville’s Lynn Stadium will be the first exclusively Division I Soccer JLG/Gradall telehandler, and Case 580N Architects, R. Wayne Complex in the country when it’s completed this summer. backhoe were used for Estopinal, the stadium Prime Contractor ABEL Construction is named after Mark and Cindy Lynn. Mark Company Inc., based in Louisville, Ky., was footing and foundation excavation,” said Lynn is a well-known eye doctor who owns awarded the project in May 2013. Substantial Richard Banta Jr., vice president of ABEL many eye care retail stores known as completion date is July 1, 2014, with final com- Construction Company Inc. Visionworks. pletion on Aug. 1, 2014. see STADIUM page 42
CEG CORRESPONDENT
Demand Drives Equipment Finance Confidence Rit chie Ho lds Reco rd Auct ion. ..8 4
Table of Contents ........4 Asphalt, Concrete, Paving, Compaction & Milling Section ......51-69 Auction Section ....76-95 Business Calendar ......86 Advertisers Index ......94
The Equipment Leasing & Finance Foundation (the Foundation) released the February 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827 billion equipment finance
sector. Overall, confidence in the equipment finance market is 63.3, the second highest index in two years and off slightly from last month’s two-year index high of 64.9. When asked about the outlook for the future, MCI survey respondent Valerie Hayes Jester, president, Brandywine Capital Associates Inc., said, “I am optimistic that there is increasing demand for equipment and therefore financing
to acquire that equipment. The brutal winter experienced by a significant portion of this country has slowed down many projects that would have been in progress by now. I am hoping that the last third of this quarter will show the signs we had experienced at year end, as demand increased.” see FINANCE page 40
Industry Rejects OSHA’s Crystalline Silica Proposal The Construction Industry Safety Coalition, which represents 25 different construction trade associations, issued the following statement as it filed comments regarding the Occupational Safety and Health Administration’s (OSHA) proposed Crystalline Silica Rulemaking:
“After an exhaustive analysis that involved hundreds of construction safety professionals, builders, construction managers and specialty trade contractors representing virtually every facet on the industry, it is our conclusion that the administration’s proposed new silica rule is sig-
nificantly flawed and will do little to improve workplace health or safety. Specifically, the proposed rule sets a silica exposure standard that cannot be accurately measured or protected against with existing equipment and includes a see SILICA page 83