Midwest 21 2014

Page 1

Published Nationally

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“The Nation’s Best Read Construction Newspaper… Founded 1957.” 4

Midwest Edition

www.constructionequipmentguide.com

October 11, 2014 • Vol. IXX • No. 21 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910

Inside

Construction Firms Add Jobs in 36 States

Wilson Celebrates 125 Years of Business...12

Quar ry Quest B ring s Fami ly Fun. .. 24

see PIER page 106

see JOBS page 108

There are about 25 construction workers on the job daily, but while construction is occurring near heavily congested areas, there has been little interruption in traffic for city commuters.

Navy Pier Work Progresses By Lori Tobias CEG CORRESPONDENT

I Make Amer ica To ur Sto ps at Case ... 34

On Chicago’s wish list for at least a decade, the Navy Pier Flyover is an elevated pathway along the 18.5 mi. (29.8 km) Lakefront Trail designed to provide a safer route for pedestrians and bikers who now share it with vehicles in places Sen. Dick Durbin, D-Ill., described as “You take your

Construction firms added jobs in 36 states between August 2013 and August 2014 while construction employment increased in 28 states between July and August, according to an analysis of Labor Department data by the Associated General Contractors of America. Association officials noted that construction activity continues to spread across most of the nation even as employment gains remain uneven by month and state. “The number of states with increases in construction employment over the last 12 months moderated in August but remained strongly positive as construction activity continues to spread across most of the nation,” said Ken Simonson, the association’s chief economist. “While most states remain far below pre-recession peak employment levels, more states are approaching previous highs and more contractors have been reporting difficulty in hiring qualified workers. These trends are likely to intensify if the recovery in construction continues.” Florida added more new construction jobs (43,500 jobs, 11.8 percent) between August 2013 and August 2014. Other states adding a high number of new construction jobs for the past 12 months included California (35,600 jobs, 5.6 percent), Texas (27,700 jobs, 4.5 percent), Illinois (11,100 jobs, 5.8 percent)

Construction crews this summer made significant progress on a multi-million dollar project that marries safety with art and may one day redefine the landscape along Lake Michigan.

Table of Contents ................4 Snow & Ice Section ......35-41 Truck & Trailers Section ........ ......................................47-55 Attachment & Parts Section ......................................59-63 Recycling Section ........77-93 Auction Section..........98-111 Business Calendar ............94 Advertisers Index ............110

ELFA Reports Industry Confidence Up in Sept. The Equipment Leasing & Finance Foundation (the Foundation) released the September 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 60.2, an increase from the August index of 58.9. When asked about the outlook for the future, MCI-EFI survey respondent Valerie Hayes Jester, president, Brandywine Capital Associates Inc., said, “We are experiencing stronger demand than in the past several months, which

bodes well for a strong fourth quarter. There is still concern for yield erosion, but we look forward to concluding the year on a positive trend.” September 2014 Survey Results: The overall MCI-EFI is 60.2, an increase from the August index of 58.9. • When asked to assess their

business conditions over the next four months, 36.4 percent of executives responding said they believe business conditions will improve over the next four months, up from 18.2 percent in August. 60.6 percent of respondents believe business conditions will remain the same over the next four months, down from 78.8 percent in August. 3 percent believe business condisee ELFA page 104


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