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® December 1 2024 Vol. XXV • No. 24
“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
Webber Ahead of Plans On I-10 Widening By Irwin Rapoport
The Texas Department of Tr a n s p o r t a t i o n (TxDOT) is investing $245.2 million in a project east of the township of Seguin to widen Interstate 10 from four to six lanes and improve safety. Webber LLC is the general contractor for the initiative that started in early January 2024 and should be completed by the fall of 2029. TxDOT has received funding from both state allocations and federal grants for the project. The work takes place over 8 mi. between State Highway 123 and State Highway 130. Webber crews are engaged in resurfacing operations, improvements to entrance/exit ramps, the rehabilitation of existing structures and one-way frontage conversion. The section of I-10 was built in the 1960s, with various improvements over the years. “The highway expansion project aims to enhance mobility by adding driving lanes, alleviating congestion and shortening travel times for the public,” said Tanya Brown, a TxDOT public relations officer. “TxDOT is
Crews build a ramp alongside Interstate 10 in Texas.
CEG CORRESPONDENT
WYDOT Races to Repair Mountain Road...8
Southwest JCB Event Draws Crowd...12
$1B Hospital Planned in Billings, Mont. ...16
see WIDENING page 32
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Paving Section . . . . . . . . . . . . . . . . . . . . . . . . . .29-43 Trailers Section . . . . . . . . . . . . . . . . . . . . . . . . . .49-62 Auction Section . . . . . . . . . . . . . . . . . . . . . . . . .72-79 Business Calendar . . . . . . . . . . . . . . . . . . . . . . . . . .76 Advertisers Index . . . . . . . . . . . . . . . . . . . . . . . . . . .78
Depreciation Bonus Begins Phase-Out Contractors Should Take Advantage of This Fading Tax Provision By Lucy Perry
Contractors who correctly apply the concept of bonus depreciation have the advantage of maximizing their tax benefits while the rate is still relatively high. In 2023, the federal government began a gradual phase-out of this tax provision, which allows businesses to deduct a significant portion of the cost of eligible assets in the year these assets are placed into service. Adobe Understanding the ins and outs of depreciation takes some Stock effort, but with it you can offset taxable profit. photo It works when you take into account the artificial expense you’re incurring as your equipment ages and loses value. Plus, Correctly depreciating construction equipcorrectly depreciating your equipment gives contractors a more ment gives a contractor a more accurate accurate picture of their balance sheet. That picture, in turn, picture of their balance sheet, and the accuCEG CORRESPONDENT
see DEPRECIATION page 48
rate value of the assets the business owns.