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October 26, 2016 • Vol. XXIX • No. 22 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
Inside
S.C. Interstate Repaving Costs Double
Jared Brown photo
In Lake Charles, La., construction continues on a multi-million dollar project that represents the largest single infrastructure investment ever undertaken by the city.
Contractor Scores Big With M ini-Crane…8
H&E Celebrates Opening Its Newest Location…14
Vital Water Plant Takes Shape In Lake Charles, La., construction continues on a multi-million dollar project that represents the largest single infrastructure investment ever undertaken by the city. Work officially began on a new wastewater treatment plant in April 2016. “this project is vital because of the projected growth and expansion taking place in the Lake Charles area,” said John Cardone, Lake Charles city administrator. We’re making these improvements now to prepare us for this growth, and to alleviate problems in the future. “With this new project, we are keeping up with evolving environmental regulations and new technology. the new plant will biologically produce a better, cleaner water effluent during operations, and will help us meet the increasing needs of a growing region.” Cardone said that making these types of infrastructure improvements is not very noticeable or glamorous, however the new plant will service existing needs within the city while allowing for additional expansion and capacity for future growth.
By Cindy Riley
CEG CorrEspondEnt
Guests Enjoy Skeet Shoot in North Carolina…30
Table of Contents ................4
see PLANT page 72
Paving Section ..............37-49
(This story also can be found on Construction Equipment Guide’s website at www.constructionequipmentguide.com.)
Cat’s Oberhelman to Retire in 2017
Crawler Loaders, Dozers, Undercarriages & Parts Section .................................... ......................................55-65 Parts Section ......................67 Auction Section..........94-101 Business Calendar ............97 Advertisers Index ............102
CoLUMBIA, s.C. (Ap) transportation officials say the cost of repaving about 60 mi. (96.5 km) of two south Carolina interstates will nearly double because workers will need to fully reconstruct the highway. the state department of transportation is asking for public input on the new projects. dot officials say the condition of the pavement has gotten so bad, they cannot just repave the sections. the dot says the cost for repaving 23 mi. (37 km) of Interstate 26 in orangeburg and dorchester counties is increasing from $40 million to $75 million; the cost to rebuild 10 mi. (16 km) of Interstate 95 in Jasper County is increasing from $22.5 million to $46.5 million. the costs for a 29-mi. (46.6 km) segment of I-95 in Jasper and Hampton counties is going to cost $82 million, up from $52 million.
Caterpillar Inc., Chairman and CEO Doug Oberhelman.
After more than 41 years with Caterpillar Inc., Chairman and CEo doug oberhelman has elected to retire, effective March 31, 2017. during his time as Chairman and CEo, oberhelman has reinvigorated the company’s focus on serving customers while also driving a culture of quality and safety. oberhelman led the company to its highest sales and revenues peak in its 91-year history in 2012, and,
since that time, has successfully led the company through the unprecedented downturn affecting our key industries. during oberhelman’s tenure: • product quality levels have reached historically high levels. • Market position for machines has significantly increased. • new Lean Management processes have simplified and sped production capabilities, improving
product availability for dealers and customers. • the company has increased its quarterly dividend by 83 percent since 2010. • the balance sheet is strong, and at the end of the second quarter of 2016, Caterpillar’s Machinery Energy & transportation debt-tocapital ratio was 39.0 percent, with $6.764 billion in cash as of June see CATERPILLAR page 76