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Midwest 17, August 19, 2023

Page 1

Published Nationally

$3.00

Midwest Edition

® August 19 2023 Vol. XXIX • No. 17

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

470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • www.constructionequipmentguide.com

Inside

MnDOT photo

Officials Name Walsh, Kokosing as Brent Spence Bridge Team...8

Alta Serves Lunch to Plote Construction Employees in Illinois...16

By Cindy Riley CEG CORRESPONDENT

Mecalac Debuts Its Next-Gen 216MRail for North America...56

The Minnesota Department of Transportation (MnDOT) is

Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Aggregate & Recycling Section . . . . . . . . . . . . .27-44 Attachments & Parts Section . . . . . . . . . . . . . . .49-54 Truck & Trailer Section . . . . . . . . . . . . . . . . . . . .68-75 Auction Section . . . . . . . . . . . . . . . . . . . . . . . . .82-89 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . . .84 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . . .90

overseeing the first of four construction projects tied to the I494: Airport to Hwy 169 vision. As part of the $377 million dollar undertaking, crews are con-

structing E-ZPass lanes on I-494 from Hwy 100 to I-35W in each direction and adding a new ramp at the I-35W and I-494 interchange. The work extends from

East Bush Lake Road in Edina to 12th Avenue in Richfield. “I-494 sees about 130,000 vehicles per day, and I-35W sees see MNDOT page 78

Rosy View From the Operator’s Seat Equipment Financing On Uptick for Second Half of 2023 By Lucy Perry CEG CORRESPONDENT

The equipment finance picture is encouraging, six months after a report indicated it would be a so-so year. The Equipment Leasing and Finance Association (ELFA) reports that June new business volume was up 6 percent year-over-year. That’s an excellent indicator of a healthy construction industry, one of the leading big-ticket financing sectors. The association’s Monthly Leasing and Finance Index (MLFI) shows overall new business volume for Construction machinery was among the top five June was $10.9 billion. Volume was up 15 percent most financed equipment, along with transfrom $9.5 billion in May. Year-to-date, cumulative new portation, agriculture, IT and industry/manusee FINANCING page 81

facturing, in 2022.


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