Northeast 26, December 23, 2020

Page 1

Published Nationally Northeast Edition

® December 23 2020 Vol. LVII • No. 26

“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

Mountain State Mass Excavation Wolfe’s Excavating Preps Massive Charles Pointe Project

The Volvo EC480E, Volvo A45G, John Deere 950K, Cat 6015B and Cat 775G work to move material to a lower building pad.

Long-Time Eagle Power Sales Manager Retires…14

Norris Sales Helps Philly Food Relief Drive…24

By Colin Kund CEG CORRESPONDENT

Wolfe’s Excavating LLC started like a lot of businesses — small. Alex Wolfe started the company in 2007 with just a single-axle dump truck, a trailer and a mini-excavator. Since then, the business has grown exponen-

Dealer’s Christmas Light Show Returns…28

Table of Contents ................4 Paving Section..............41-57 Mini & Compact Equipment Section ..........................61-86 Snow & Ice Section ......87-91 Business Calendar ..........104 Auction Section ......106-113 Advertisers Index ............114

tially and Wolfe’s has completed some large scale, high-profile projects. Wolfe also started an aggregates company, Ace Aggregates LLC in early 2020. Ace’s quarry is located in Philippi, W.Va., and the business also has a materials yard in Clarksburg, W.Va. Recently, Wolfe’s Excavating has been working on part of the $1.4 billion multi-use “Charles

Pointe” campus. The site is located at exit 124 on I-79 where Route 279 connects to I-79. Wolfe’s scope of work includes all grubbing, clearing, creation of environmental controls, sediment ponds, mass excavation, storm water management, sewer, water, underground communications and power, curb, gutter and paving. see WOLFE page 40

As Vaccine Arrives, Keep Track of Risk Management Be Sure to Get Ahead of Virus-Related Insurance Coverage Trends as New Year Approaches By Lucy Perry CEG CORRESPONDENT

As construction contractors work through the coronavirus pandemic, many are keeping an eye on the pandemic’s effect on their risk management policies. The basic question: What will COVID’s impact be on insurance? Get ahead of the curve now to avoid a hitch in commercial coverage next year. The North American Excavation

Insurance carriers are reconsidering how much more risk they are willing to take on and how they are going to reduce their own exposure.

Shoring Association (NAXSA) notes that while historical losses led to current insurance price increases and reduced limits, a potential industry correction due to COVID-19 may be ahead. The association warns members that insurance carriers will have to decide how much more risk they are willing to take on and how they are going to reduce their own exposure. NAXSA notes that “reinsurance see INSURANCE page 98

Hyundai Heavy Industries Group Selected as Breaking... Preferred Bidder to Acquire Doosan Infracore. see story page 18


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