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“The Nation’s Best Read Construction Newspaper… Founded 1957.” www.constructionequipmentguide.com Published 470 Maryland Drive • Ft.4, W ashington, 19034 215/885-2900 • To ll Free 800-523-2200 • Fax 215/885-2910 • www.ConstructionEquipmentGuide.com June 2014 • Vol. LIV PA • No. 12 • 470• Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910 Nationally
Inside
The Cat 374D digs one of the new 30-ft. underground pump stations as part of the all-new underground stormwater drainage system.
Ransome CAT Holds a “1-Day Sales Event”…14
More Than 200 Attend JCB Northland’s Open House… 44
Superstorm Sandy Repairs Continue With Rt. 35 By Lori Lovely CEG CORRESPONDENT
Oil & Gas Expo Features Educational Seminars…88
Table of Contents ............4 Paving Section ..........55-69
When Superstorm Sandy hit the New Jersey shoreline on Oct. 29, 2012, it ravaged many communities with its hurricane-force winds, pounding rain and record storm surges along the coast. New Jersey’s state highway system along Route 35 from Point Pleasant Beach to Island Beach State Park in Ocean County was particu-
larly devastated by the unprecedented conditions. The storm surge washed entirely across the peninsula from ocean to bay in three locations, breaching three sections of the highway. In addition to destroying much of the highway, the storm undermined and moved concrete slabs and ruined much of the under-
to be rebounding in many parts of the country,” said Ken Simonson, the association’s chief economist. “Declines in federal spending likely depressed construction employment near Washington, while of the aftermath of Hurricane Sandy may be having an impact on construction employment in metro areas in New Jersey.”
JCB achieved its third most profitable year in its 68-year history in 2013, the company announced. Earnings stood at $529 million on an EBITDA basis (2012: $616 million) on turnover of $4.53 billion (2012: $4.56 billion). JCB’s machine sales stood at 66,227 (2012: 69,250). “The global market for construction equipment was more challenging throughout 2013, but I am delighted that, despite difficult market conditions, JCB delivered a strong performance and achieved the third highest profit in its history,” said JCB Chairman Lord Bamford. “Turnover remained virtually unchanged year-on-year, but volume and earnings were adversely affected by a slowdown in emerging markets, notably India, where JCB has a strong presence. This was further compounded by adverse currency movements in some economies. “Turnover growth in the UK, Middle East and Africa
see EMPLOYMENT page 124
see JCB page 124
Air Compressors, Construction employment expanded Jersey. Generators & Light “Construction employment appears Towers Section ........73-80 in 220 metro areas, declined in 70 and Parts Section ................116 Auction Section....120-140 Business Calendar ......134 Advertisers Index ........138
see SANDY page 94
JCB Delivers Third Highest Profit Ever
Construction Employment Increases in 220 Metro Areas was stagnant in 49 between April 2013 and April 2014, according to a new analysis of federal employment data released May 27 by the Associated General Contractors of America. Association officials noted that federal spending cutbacks on government facilities and Hurricane Sandy reconstruction were contributing to job losses around Washington, D.C. and New
ground drainage system. Sinkholes formed where the roadway, sidewalk and storm drain inlets collapsed, further disrupting underground