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Vol. XlIX • No. 25
“The Nation’s Best Read Construction Newspaper… Founded in 1957.” Your New England States Connection • Kent Hogeboom 1-800-988-1203
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It all started with two boys placing makeshift signs on the street, nailed together from old lumber, spray-painted with T&K in black. It wasn’t pretty, but crudely effective. The ‘T’ was for Tony Heffernan. The ‘K’ was for Kevin Gosnell. They were two childhood friends in the town of Hanover, Mass., spending college summers sealcoating driveways to pay their college tuitions. In order to raise funds for their enterprise and buy materials, they sold an old vending machine for a $600 profit. This paid for a used truck, some sealcoating supplies and a new name, T&K Sealing.
T&K owns all of the machinery in its fleet of equipment and it has more than 12 grading and paving crews.
Maine Voters Approve $150M in Bonds By David Sharp ASSOCIATED PRESS
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Each time Tony and Kevin sealed a driveway, their signs would mark the job publicly announcing who they were. This was the first attempt at amateur advertising, and people noticed. Driveway by driveway, a new business was launched and two young men soon paid for college. After three summers, the new college grads turned T&K Sealing into T&K Asphalt. Driveways were now parking lots, sealcoating became paving and a commercial division was born. “T&K was founded in 1987. We started out sealcoating driveways in the summers and, over time, started to patch and pave,” said CEO and President Kevin Gosnell. “Today, the company
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PORTLAND, Maine (AP) Maine residents on Nov. 5 approved borrowing proposals totaling about $150 million that would pay for maintenance and improvements for roads, schools and armories. Voters approved all five bonds that resulted from a compromise between legislative Democrats and Republican Gov. Paul LePage. They were the only items on the statewide ballot. The biggest bond was a $100 million proposal for road and bridge projects that supporters say will bring $150 million in matching funds. The others were $14 million to overhaul armories, $15.5 million to improve
university facilities, $15.5 million for classroom improvements in community colleges and $4.5 million for a science building at Maine Maritime Academy. Maria Fuentes from the Better Transportation Association said the matching funds made the transportation bond package a good way of funding needed improvements. “Maine people understand that we need to invest more in our transportation system. It’s clearly something that impacts just about everyone in Maine on a daily basis,’’ she said. “We’re glad that the citizens agreed that we need to make more investments in our roads and bridges and other modes of transportation.’’ Mainers generally support bonds,
but not always. Residents rejected $11.3 million worth of bonds for capital improvements for universities and community colleges just last year. University of Maine System Chancellor James Page thanked voters for making “investments in students and investments in jobs.’’ “Those upgrades will create immediate local construction jobs, and they will create a better learning environment for our students to receive education and training for careers that Maine needs, Maine employers have, and Maine students want,’’ he said. (This story also can be found on Construction Equipment Guide’s Web site at www.constructionequipmentguide.com.)