CED

April 2013

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Industry Beat Kirby Smith Paving Seminar Promotes New Technologies and Best Practices Kirby Smith Machinery and Wirtgen America recently hosted more than 450 Texas governmental, state highway and highway contractors at a free educational paving seminar to learn the most current technology and best practices in paving, compaction, asphalt recycling and soil stabilization. Held at the Arlington Convention Center in Arlington, Texas, more than $8 million in state-of-the-art paving equipment, heavy construction equipment, and cranes were on display. Kirby-Smith Machinery has service locations in Abilene, Amarillo, Dallas, Ft. Worth, Lubbock, and Odessa, Texas, as well as, Oklahoma City and Tulsa, Okla.; and St. Louis and Kansas City, Mo. Kolberg-Pioneer Recognized as Patriotic Employer From left to right: Frank Giganti (South Dakota Employer Support of the Guard & Reserve), Randy Blunck (maintenance supervisor), Wade Peterson (mechanic) and Mark Folkers (production manager). ��� Kolberg-Pioneer (KPI-JCI), along with Randy Blunck, maintenance supervisor, was honored for its contributions to America���s national security and protection of liberty and freedom by the South Dakota Employer Support of the Guard & Reserve (ESGR) organization. Blunck and KPI-JCI were nominated by Wade Peterson, mechanic, who is a sergeant in the DET 1 147th FSC National Guard unit. This is the third time KPI-JCI has been recognized as a Patriotic Employer by the South Dakota ESGR. The company employs 63 men and women who have served or are currently serving in the military. In the News McCann Industries, Inc. announced that Jim McCann has been named president of the company, effective Feb. 21, 2013. Dennis Kruepke, the former president, remains in the position of chief executive officer. Jim McCann McCann began working with the company as an outside sales representative in 1991 and has assumed progressively more responsibility over the past 22 years. The company is the Case dealer for the Chicago area and sells and rents numerous additional equipment brands and contractor supplies. Honnen Equipment will celebrate its first 50 years in business in 2013. The company was founded in 1963 as a single location John Deere construction equipment dealership in Denver, Colo., and has grown to 10 locations throughout the Rocky Mountain region. Honnen Equipment represents John Deere construction and forestry equipment, John Deere Commercial Worksite Products, Hitachi construction equipment, Manitowoc, Grove and National Cranes, Wirtgen milling machines, Vogele pavers and Hamm rollers and compactors as well as other allied products and equipment. Titan Machinery Inc. acquired Adobe CE, LLC, a single Case Construction equipment dealership located in Albuquerque, N.M. Adobe CE, LLC generated revenue of approximately $8 million in 2012. Titan Machinery Inc. also acquired Tucson Tractor Company, a single Case Construction equipment dealership located in Tucson, Ariz., which, in its most recently reported fiscal year, generated revenue of approximately $7 million. The State Department released a draft Supplemental Environmental Impact Statement (SEIS) that found the new route for the Keystone XL Pipeline project would have ���no significant impacts to most resources.��� The draft SEIS was issued in response to TransCanada���s May 2012 application for the section of the Keystone XL pipeline that would run from Canada to Nebraska. The document reviews potential environmental impacts associated with the proposed project, including construction and potential spills, as well as the project���s effect on climate change and the economy. IronPlanet has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector. The company will operate as a wholly owned subsidiary of IronPlanet and continue to use the respected Asset Appraisal Services name. The Internal Revenue Service has released a favorable private letter ruling related to a common tax strategy referred to as a Like Kind Exchange (LKE) program. The ruling was requested by, and issued to, WTP Exchange, an affiliate company of WTP Advisors. The new IRS ruling (201308020) makes it clear that WTP Exchange is permitted under the tax law to provide both LKE software and qualified intermediary services. Modern Group has appointed its President and COO Paul Farrell to the additional role of CEO effective May 1. Dave Griffith remains on as Chairman of the Board. Cashman Equipment is officially a legacy Bucyrus Mining Products dealership, allowing the company to provide mining customers with a complete range of products as well as parts, service support. 16 | www.cedmag.com | Construction Equipment Distribution | April 2013 14_industry beat_KP.indd 16 3/25/13 1:33 PM

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