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Midwest Edition
June 25 2011 Vol. XVIII • No. 13
“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
Wind Farm Requires Major Earthwork By Lori Lovely CEG CORRESPONDENT
Whayne Supply Holds Demo, Field Days...18
Alex Lyon & Son Holds Sale in R acine...80
Before the massive wind turbines could be erected at White Oak Wind Farm, in McLean County northwest of the Bloomington/Normal metropolitan area in Illinois, the groundwork had to be laid — literally. Rachel Contracting, based in St. Michael, Minn., served as the subcontractor responsible for constructing access roads to each of the 100 turbines, excavating and backfilling the foundation for each turbine, installing crane pads, maintaining 30 mi. (48.3 km) of county roads providing access to the project, building paths to enable the huge cranes to move from one turbine site to another, creating a staging area for office trailers and equipment and material staging, and providing support for other contractors as needed. During a February 2011 blizzard, that need included clearing snow, but at other times involved dealing with drainage issues. Renewable Energy The new wind farm, owned by Inveneregy LLC, in Chicago, Ill., will provide energy to more than 40,000 homes in Illinois. The project consists of the installation of 100 1.5 MW wind turbines in a partnership with General Contractor Mortenson Construction’s Renewable Energy see WIND page 38
Rachel Contracting turned to a number of pieces of Caterpillar equipment during the White Oak Wind Farm project.
Record Profits... Ste ffes Ho st Liq uidat ion Sal e.. .84
Table of Contents ............4 Attachments Section39-42 Crushing, Screening & Recycling Section ....59-68 Truck & Trailer Section .... ..................................69-75 Auction Section ......79-87 Business Calendar ........81 Advertisers Index ..........86
Construction LiuGong Reports Increased Spending Up Earnings for First Quarter ’11 During April LiuGong Machinery Corp. announced first quarter earnings, reporting $93.35 million in net profit on $905.58 million total sales revenue. This represents nearly a 72 percent increase in revenue from the same period the previous year. After posting record profits for 2010, LiuGong shows no slowdown of its pace of sales as it enters 2011. LiuGong executives noted total 2011 first quarter profits were $111.15 million. The company reported $.12 in earnings per share. Company performance outstripped first quarter 2010’s reported figures by a huge margin.
During the same time last year, LiuGong had reported $507.02 million in total sales revenue. Company Vice Chairman and President Zeng Guang’an said LiuGong’s careful study and implementation of global best practices in management is paying off. “We work on meeting our strategic plans, and our many years of pursuing Six Sigma quality processes are reaping dividends for LiuGong. The quality of our machines continues to impress customers,” Zeng said. “Growth worldwide continues because we put in place our sup-
Construction spending inched up for the second straight month in April, 0.4 percent — following downward revisions to the March spending figures — due to increases in private nonresidential and home-improvement spending, the Associated General Contractors of America reported June 1 in an analysis of new Census Bureau data. Association officials noted, however, that the gains were tempered by sluggish homebuilding and declining levels of public
see EARNINGS page 58
see SPENDING page 58