Published Nationally
Southeast Edition
® August 21 2024 Vol. XXXVI • 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
Inside
Cowin Equipment Opens Rebuild Center...12
New Stadium Rises From ‘The Bottoms’ By Lori Tobias
A $140 million project in urban Knoxville once known as “the bottoms” comes with a fair share of challenges, but when complete, the anticipated benefits will be nearly innumerable. Work on the Knoxville multi-use stadium project began in 2021 with the demolition of a former slaughterhouse. Two years later, construction on the stadium, to be home stadium to the Chicago Cubs AA team Tennessee Smokies, was under way with about 60-percent of the job now complete. It is expected to be finished in 2025 and the first official pitch thrown at the April opening game of the AA league baseball season. In addition to minor league baseball, the stadium will host concerts, soccer games and community events. It is one of the largest projects in the city’s history, according to Mohamed Abbas, senior project manager of contractor Denark Denark Construction photo Construction Inc. The stadium is envisioned as a catalyst for redevelopment in East Knoxville, Tenn., connect-
CEG CORRESPONDENT
Dynapac Raises Money for Dream On 3...16
Roto-Screen Looks to Build Dealer Network...49
see STADIUM page 28
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Attachments & Parts Section . . . . . . . . . . . . . . . . . . .32-35 Truck & Trailer Section . . . . . . . . . . . . . . . . . . . . . . . .36-38 Aggregate & Recycling Section . . . . . . . . . . . . . . . . .43-58 Auction Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .75-77 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .77 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .78
ing it with the Old City and downtown.
Construction Inflation Dilemma Increased Costs, Long Lead Times for Materials, Union Labor Agreements Worsen Situation Rising highway construction costs are draining more CEG CORRESPONDENT dollars from BIL funds allocated for federal transportation projects across the country. The FHWA admits that what can be purchased today with BIL funds earmarked in 2021 is markedly less that what was pledged. Those construction costs rose an “unprecedented” 26 percent in 2022. The record annual increase was 20 percent in 2005, said the agency. By Lucy Perry
see COSTS page 30
Adobe Stock photo
The increased cost of construction is tapping more dollars from the bipartisan infrastructure bill, reducing the amount of infrastructure that can be bought today.