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August 7, 2013 • Vol. XXV • No. 16 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
Inside
Linder Open House Celebrates 60 Years …14
Lyle Machiner y Named New SANY Dealer…20
Cat Pa rti cipat es In Dayt ona Ris ing…24
Table of Contents ............4 Backhoes & Attachments Section ......................49-64
Iconic Power Plant Topples to the Ground By Cindy Riley CEG CORRESPONDENT
In what’s being described as the largest demolition in the state’s history, crews in Hollywood, Fla., have successfully imploded the Port Everglades Power Plant, using 450 lbs. (204.1 kg) of dynamite and 90 controlled explosions. It took only a minute for the four 7,500 ton (6,803.8 t) boilers and smokestacks to collapse as predicted, both in timing and location. “It sounded like Fourth of July fireworks as the early charges detonated, and then moved to more of a rolling thunder,” said Greg Brostowicz, company spokesman of Florida Power & Light. “You could see some flashes of light, and then some dust came up when the structures hit the ground.” The early morning, mid-July demolition of the Port Everglades structure paves the way for a new $1.2 billion natural gas energy center that
Parts Section ............90-91 Business Calendar ........91 Auction Section ......92-99 Advertisers Index ..........98
is expected to open in 2016. The implosion required months of planning, according to D.H. Griffin Wrecking Company, the company responsible for carrying out the series of blasts. “We were on site for several months getting ready for this event, making sure everyone was
on the same page as far as how, when and what was going to happen,” said David Griffin Jr., president of D. H. Griffin. “This job involved thousands of hours of planning, and included meetings with city, state, federal and local see POWER page 32
Housing Foreclosure Decline ARAApplauds Congressmen’ s Spells Good News for Industry By Lori Tobias
Paving Section ........67-81
D.H. Griffin Wrecking Company photo
Crews in Hollywood, Fla., have successfully imploded the Port Everglades Power Plant, using 450 lbs. (204.1 kg) of dynamite and 90 controlled explosions.
CEG CORRESPONDENT
A new report putting the so-called shadow inventory of houses at a three-year low, and showing a decrease in foreclosures spells good news for the construction industry, economists said. According to a report by CoreLogic, a provider of business data and analytics, “The overall shadow inventory is down 34 percent from its peak in 2010, when it reached 3 million
homes, and down 18 percent from a year ago, when it was at 2.4 million.” The shadow market is generally defined as the homes that are in foreclosure, but not on the market, or homes that the bank or mortgage provider has taken back but is holding until the market improves. “There has been some suspicion that whoever is holding property is hanging onto them, waiting until prices improve or until they feel comfortable with the loss they will take,” said David see HOUSING page 90
Repeal of HIT
The American Rental Association (ARA), applauded the action of a bipartisan group of members of Congress to highlight the six month countdown to repeal a tax that will have a damaging effect on small businesses in the equipment rental industry and beyond. Sen. John Barrasso (R-Wyo.), Sen. Orrin Hatch (R-Utah), Rep. Charles Boustany (RLa.) and Rep. Jim Matheson (D-Utah) see ARA page 86