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Southeast 17, August 23, 2023

Page 1

Published Nationally

Southeast Edition

® August 23 2023 Vol. XXXV • 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

$3.00

Inside

Cumberland Develops Key Infrastructure Supporting Growth...8

OLKO Pontoons Provide Unique Solution for Blew Bayou Services...14

In the Tar Heel state, crews responsible for widening Interstate 40 from southeast Raleigh to Clayton are marking a major milestone. The North Carolina Department of Transportation (NCDOT) has been monitoring the multi-year, $360 million project By Cindy Riley

CEG CORRESPONDENT

Rebel Auction Holds Two-Day Sale in Hazlehurst, Ga. ...76

see NCDOT page 28

Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Attachments & Parts Section . . . . . . . . . . . . . . .29-33 Truck & Trailer Section . . . . . . . . . . . . . . . . . . . .35-39 Aggregate & Recycling Section . . . . . . . . . . . . .43-55 Auction Section . . . . . . . . . . . . . . . . . . . . . . . . .74-77 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . . .77 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . . .80

NCDOT photos

The North Carolina Department of Transportation (NCDOT) has been monitoring the multi-year, $360 million project since work began in 2018.

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 bigticket financing sectors. The association’s Monthly Leasing and Finance Index (MLFI) shows overall new business volume for June was $10.9 billion. Volume was up 15 percent from $9.5 billion in May. Year-to-date, cumulative new busisee FINANCING page 26

Construction machinery was among the top five most financed equipment, along with transportation, agriculture, IT and industry/manufacturing, in 2022.


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