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February 26 2011 Vol. VII • No. 5
“The Nation’s Best Read Construction Newspaper… Founded 1957.” 470 Maryland Drive • Ft. Washington, PA 19034 • 215/885-2900 • Toll Free 800-523-2200 • Fax 215/885-2910 • www.constructionequipmentguide.com
Inside Dennis Kruepke Elected AED Chairman ...14
FASTER Funding Supports Transportation Colo. Bridge Replacements Proposal Could AGC Response…
Boost Economy
A Caterpillar 325B excavator lifts timbers during the demolition of a bridge outside of Arlington, Colo.
and Eads. The original structures were made of timber; the oldest of the four dates back to 1932, according to Colorado Department of Transportation engineer Paul Westhoff. Given the age of the bridges, it’s no surprise that they were included in CDOT’s list of 128 bridge improvement projects that were deemed
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the President’s proposed 2012 federal budget and the House Republican’s proposed 2011 continuing resolution: “It is encouraging to see that the President appreciates the difference between wasteful spending and essential transportation investments needed to boost overall economic growth and protect Americans from later, larger fiscal liabilities. After all, businesses rely on an efficient transportation system to successfully compete in the global economy. Meanwhile, investing in needed capacity and maintenance projects now protects taxpayers from having to pay much more to repair broken roads and bridges in a few years. “We are, however, concerned by the administration’s proposal to transform the Highway Trust Fund into a Transportation Trust Fund that would fund high speed rail, Amtrak, ‘livability’ grants and other administration priorities. The administration promises to use existing gas tax and other revenue sources only to continue funding highway and transit projects. However, it is hard to take this
see REPLACEMENT page 8
see PROPOSAL page 26
Chicago Pneumatic Names Regional Manager ...14
By Rebecca Ragain CEG CORRESPONDENT
Yoder & F rey Hol ds Seve n-Day Sa le…38
Table of Contents ..........4 Attachments Section 9-13 Recycling Section ..15-19 Business Calendar........30 Trucks & Trailers ....31-32 Auction Section ......36-43 Advertisers Index ........42
About 50 mi. east of Pueblo, Colo., work is underway to replace four bridges along a lightly-traveled section of Highway 96. The bridges are located along a 27-mi. stretch of Highway 96 between the towns of Ordway
Truck Maker Volvo Posts Fourth Quarter Profit By Louise Nordstrom
ASSOCIATED PRESS
STOCKHOLM (AP) Swedish truck maker AB Volvo on Feb 4 posted a profit for the fourth quarter, bouncing back due to a jump in sales on all its markets as well as suc-
cess in keeping costs down. Still, the earnings missed analyst expectations somewhat, mainly on the back of higher raw material prices and unfavorable exchange rates. CEO Leif Johansson, who is leaving his post in the second half of the year, said his
company had ended 2010 strongly, attributing the success to increased sales and “a conscious effort to maintain our costs on a low level.” Johansson said Volvo is seeing a continued gradual improvement in Europe as well as a see VOLVO page 26