West 22 - October 29, 2016

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Western Edition

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October 30, 2016 • Vol. IX • No. 22 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215/885-2900 • Toll Free 800-523-2200 • Fax 215/885-2910

Inside

ODOT Begins Interchange Reconstruction By Brenda Ruggiero CEG CORRESPONDENT

Permian Basin Oil Show Draws Crowds to Texas...14

L.A. County’s Purple Line Construction Under Way...19

Remote Alaskan Airport Runway Rebuilt...57

Table of Contents ................4

The first of several phases to completely reconstruct the I-35/I-240 Crossroads Interchange has begun in south Oklahoma City under the Oklahoma Department of Transportation (ODOT). This phase started in May and is expected to continue until the summer of 2017. The $12 million contract with financial incentives for early completion was awarded to an Allen Contracting Inc./Shell Construction Inc. joint venture. Both companies are based in Oklahoma City. The project includes federal funding and about $1 million in state funding. “This phase is unique because it is essentially ‘reversing’ an on- and off-ramp,” said Cody Boyd, ODOT media and public relations. “This will convert Santa Fe Ave. to a full interchange to accommodate the I-240 traffic that currently uses the existing interchange at Shields Blvd., which must be removed in a future phase in 2019 due to its close proximity to I-35.” This phase also includes construction of new decorative retaining walls along I-240 under Shields Blvd. ODOT is currently working with the local business community on the design for the artwork. Specifically, this first phase reconstructs I-240 from Santa Fe Ave. about .5 mi. (.8 km) east past Shields Blvd. and constructs a new westbound I-240 off-ramp to Santa Fe and a new eastbound on-ramp to I-240 from Santa Fe. It will remove the existing eastbound I-240 off-ramp to Shields and the westbound I-240 on-ramp from Shields. ODOT noted that traffic in this area has far exceeded see INTERCHANGE page 56

Nevada’s $1B ‘Project Neon’ Comes to Vegas By Lori Tobias CEG CORRESPONDENT

Its catchy name might conjure flashy lights, glitter and glitz, as befits a project in Las Vegas. In fact, Project Neon isn’t flashy at all, but at a nearly $1 billion

investment, it is Nevada’s largest and most expensive public works project ever undertaken during the state’s 152year history. “Project Neon will widen 3.7 miles of Interstate 15 between Sahara Avenue and see NEON page 18

Cat’s Oberhelman to Retire in 2017

California Section ........19-25 Crawler Loaders, Dozers, Undercarriages & Parts Section ..........................43-55 Paving ..........................57-67 Business Calendar ............64 Auction Section ............70-79 Advertisers Index ..............78

This first phase reconstructs I-240 from Santa Fe Ave. about .5 mi. (.8 km) east past Shields Blvd. and constructs a new westbound I-240 off-ramp to Santa Fe and a new eastbound on-ramp to I-240 from Santa Fe.

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 32


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West 22 - October 29, 2016 by Construction Equipment Guide - Issuu