Published Nationally
Southeast Edition
® June 6 2018 Vol. XXXI • No. 12
“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
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Business 40 Sees $99 Million Makeover
Carolina Cat Hosts N.C. Open House...30
Thompson Tractor Hosts Ala. Grand Opening...49
The Business 40 Improvement Project is taking place within the shadow of Winston-Salem’s tallest buildings, as well as BB&T Field, WFU Baptist Hospital, Old Salem and the city’s new Wake Forest Innovation Quarter, a more than $700 million technology and biomedical research complex on the site of what used to be old tobacco factories.
By Eric Olson
Winston-Salem, N.C., has been undergoing a major transformation for 25 years. Once known primarily as home to one of the world’s largest manufacturers of cigarettes and other tobacco products, this dynamic mid-size city of 243,000 people is now regarded more for being a center of emerging technologies and a home to one of the South’s most exciting and diverse arts communities. Within the last 15 years, downtown Winston-Salem has been upgraded significantly with new buildings going up and old ones getting muchneeded makeovers. Thoughtful efforts have been successful in luring shops and restaurants back to the area. In addition, new apartment and condo structures have been built or are underway and with them have come more people moving around the downtown. Nearby, a picturesque baseball stadium was built next to U.S. CEG CORRESPONDENT
Hitachi Loaders America Unveils New Iron...58
Table of Contents ............4 Paving Section ..........33-48 Air Compressors, Generators & Light Towers Section ........51-57 Parts Section ........60-61 Business Calendar ........72 Auction Section ......88-89 Advertisers Index ..........90
421/Business 40, the city’s main east-west freeway since its construction in 1958 (it was the first section of interstate highway designated in North Carolina). Business 40 Showing Its Age At about the same time as Winston-Salem was beginning to remake itself, Business 40 — as it is commonly known — lost its interstate designation in 1993 when I-40 was rerouted to the then south edge of town. Traffic declined as Business 40 became a thoroughfare used primarily by locals wanting to get to work downtown or by folks trying to reach Wake Forest Baptist Medical Center, the large regional health complex just west of downtown. Although no longer an interstate, though, Business 40, along with sevsee BUSINESS page 62
Company Plans $9.4B La. Chemical Complex DONALDSONVILLE, La. (AP) A company based in Taiwan plans to build a $9.4 billion chemical manufacturing complex on a 2,400acre site in Louisiana, officials announced April 23. Gov. John Bel Edwards and Formosa
Petrochemical Corp. Executive Vice President Keh-Yen Lin announced the plans for the plant in St. James Parish, between Baton Rouge and New Orleans. The project is expected to provide 1,200 permanent jobs with average salaries of $84,500
and up to 8,000 construction jobs, according to a state news release. The plant will be the parish’s largest industry, Parish President Timmy Roussel said. It will add about $28 million a year in propsee COMPLEX page 80