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July 18, 2015 • Vol. IXX • No. 15 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
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Inside
Logan Showcases Wacker Neuson...12
Spending Reaches Highest Level Since 2008 Construction spending climbed in May to the highest level since October 2008, according to an analysis by the Associated General Contractors of America. Association officials cautioned, however, that those spending gains could be at risk unless all
levels of government strengthen programs to develop the construction workforce. “There were solid monthly and year-over-year gains in May for all major construction categories — private nonresidential, residential and public,” said Ken
Simonson, the association’s chief economist. “The private segments appear poised to maintain growth throughout the year. But contractors increasingly report difficulty in finding workers with the right skills to construct large and complex projects.”
Table of Contents ................4
The pathway has 37 refurbished or brand new bridge structures, including a suspension bridge over Milwaukee Avenue and a total of six new parks and several accessible entrance ramps.
The 606 Opens With Fanfare
Attachment & Parts Section By Brenda Ruggiero ......................................41-45 CEG CORRESPONDENT A unique park on Chicago’s Northwest side Truck & Trailer Section ........ — The 606 — opened with lots of fanfare in ......................................57-63
Recycling Section ........75-91 Auction Section..........96-107 Business Calendar ............98 Advertisers Index ............106
see SPENDING page 98
Fabick, FABCO Finalize Historic Family Reunion
Fury Ram Truck Sees Big Open House Turnout ...14
IAAP Sa ys Goodby e, Welc ome... 27
Construction spending in May totaled $1.036 trillion at a seasonally adjusted annual rate, 0.8 percent higher than the April total despite a steep upward revision in that figure and 8.2 percent higher than in May 2014, Simonson said.
early June. The nearly 3 mi. (4.8 km) elevated park connects four neighborhoods — from the east in Bucktown at Ashland and Bloomingdale, to the west in Humboldt Park. The pathway has 37 refurbished or brand new bridge structures, including a suspension bridge over Milwaukee Avenue and a total of six new parks and several accessible entrance ramps. see CHICAGO page 74
The nearly 3 mi. (4.8 km) elevated park connects four neighborhoods — from the east in Bucktown at Ashland and Bloomingdale, to the west in Humboldt Park.
Doug Fabick, dealer principal of John Fabick Tractor Company, Fenton, St. Louis County, Mo., and Jeré Fabick, dealer principial of FABCO Equipment Inc., of Milwaukee, Wis., successfully finalized combining their two family-owned, independently-operated companies on July 1, 2015. Bringing the two Cat dealerships together continues a shared heritage that dates back to 1917 when John Fabick Sr. founded the first Fabick Company in St. Louis. The expanded organization is being led by Doug Fabick as CEO and dealer principal along with Jeré Fabick serving as president and co-dealer principal. Headquartered in St. Louis, the combined enterprise operates in a six state region including major portions of Missouri and Illinois, one county each in Kansas and Oklahoma, the Upper Peninsula of Michigan and the entire state of Wisconsin. Concurrent with this change, the entire enterprise comes together under a common identity that features the Fabick CAT name. The company’s newly designed logo provides a fresh look that demonstrates the true sense of the two companies joining forces. It also conveys the beginning of exciting changes that will result from bringing the resources and experience of both organizations together to create one of the largest and see REUNION most dynamic Cat page 98 dealerships in the