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January 24, 2015 • Vol. IX • No. 2 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215/885-2900 • Toll Free 800-523-2200 • Fax 215/885-2910
Inside New for 2015...
Volvo Raises Money for Communi ty...10
N.M.’s I-10 Interchanges Near Completion By Irwin Rapoport CEG CORRESPONDENT
Utah Contractor, National Attachments Pair Up...14
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California Breaks Ground on Bullet Train...15
Table of Contents ................4 California Section .................. ......................................15-23 Paving Section ............37-43 Business Calendar ............46 Auction, Profiles.............. Section..........................51-67 Advertisers Index ..............65
Be sure to check out CEG's inaugural biweekly California section containing news for and about our Golden State readers and advertisers.
The Mesquite and Vado interchanges along New Mexico’s Interstate 10 (I10) are undergoing a oneyear upgrade via a $9.2 million contract awarded El Terrero Construction LLC by the New Mexico Department of Transportation (NMDOT). The much needed work began in February 2014 and should be completed by the end of April 2015. “This project has been challenging due to the high volumes of traffic between Las Cruces and Texas,” said Benito Trevino, the project manager of the NMDOT
project, “as it serves as an access point for residents and business for Mesquite, Vado, Anthony and Chaparral. The crews have installed additional signage in order to alert motorists of the work zone since we understand safety is a priority for everyone. Therefore, I am confident see NMDOT page 36
The I-10/Vado Interchange is located at MP 155 (Exit 155) along I10 located in Vado, which is approximately 9 mi. (14.5 km) north of the N.M./Texas state line. This interchange provides access to N.M. state Road 227 (N.M. 227), which is functionally classified as an arterial. Shown at left, the Mesquite and Vado interchanges along New Mexico’s Interstate 10 (I-10) are undergoing a one-year upgrade via a $9.2 million contract awarded El Terrero Construction LLC by the New Mexico Department of Transportation (NMDOT).
AED Urges Congress ELFA Predicts Top Trends to Spur Job Growth On Jan. 7, Associated Equipment Distributors (AED) President and CEO Brian P. McGuire delivered a strong message to Capitol Hill urging swift, bipartisan action to spur economic growth and job creation in a letter outlining the association’s policy agenda for the 114th Congress. The association recommends a series of key actions to make it easier for construction equipment distributors to succeed by reducing costs of doing business and expanding product markets, including the association’s top priority — providing long-term certainty to the federal highway program. see AED page 63
The Equipment Leasing and Finance Association (ELFA), which represents the $903 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2015. Given U.S. businesses, nonprofits and government agencies will spend nearly $1.5 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy. Businesses will find opportunities presented by a steadily improving
economy and favorable credit conditions as they make their decisions for equipment replacement and expansion. ELFA President and CEO William G. Sutton said, “Equipment financing is a critical source of funding for a majority of U.S. businesses, allowing them to acquire the equipment they need to operate and grow. It enables equipment acquisition, which plays a critical role in driving the supply chains across all U.S. manufacturing and service sectors. see ELFA page 64