Equipment World

September 2016

Equipment World Digital Magazine

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Briefs EquipmentWorld.com | September 2016 15 T he Equipment World Contrac- tor of the Year contest, which honors 12 fi nalists each year, is now open for nominations. Designed to honor contractors who have excelled in their markets, the contest is open to construc- tion fi rm owners who have been in business 10 years or more, have between $3 million and $15 million in annual revenues, and have an excel- lent safety record. Each fi nalist and their guest will receive an expenses-paid weekend in Las Vegas, courtesy of Caterpillar, which has sponsored the program for the past 17 years. The event includes an industry roundtable, focus group, awards banquet, and a day at the Las Vegas Motor Speedway watch- ing the NASCAR Kobalt 400. All fi - nalists will stay at the premier Wynn Resort on the Las Vegas strip. This year's event has the added bonus of being held during the fi nal two days of ConExpo-Con/Agg 2017, the construction equipment industry's premier trade show, held every three years. "The Contractor of the Year event was an enormous occasion to be exposed to different ways of think- ing, interesting uses of resources, and best practices that added new perspective to our own dealings," say this year's winners, Greg and Dawn Tatro of G. W. Tatro Con- struction in Jefferson- ville, Ver- mont. "The roundtable was a high- light for us, since we felt that not only did we learn from contrac- tors at the table, but also that we were able to contrib- ute ideas that might be appreci- ated by our peers, as well." Contrac- tors have until September 30, 2016 to apply to the program. The fi rst 50 applicants will receive a free Cat hat. To enter, go to EWcontractor- oftheyear.com, and click on the "Apply Now" button. You can either enter online with a convenient form, or download an application form to print and fi ll out later. In addition to the information on the form, applicants are welcome to submit up to three supporting piec- es of information such as news- paper clips, or copies of awards and client refer- ence letters. reporter | staff report Nominations open for Equipment World's Contractor of the Year contest Ritchie Bros. has bought Petrowsky Auctioneers, based in North Franklin, Con- necticut. Petrowsky was founded nearly 40 years ago by Sammy Piotrowski, and operated primar- ily in New England. With a fi scal year that starts April 1st, Komatsu reported fi rst quarter sales decreases of 13 percent. In its reporting, the company cited continued low demand from the mining industry, weaker demand from Chinese construction customers, and the strength of the Japanese yen as reasons behind this de- crease. Komatsu says it expects this fi scal year's profi ts to fall 33 percent from the previous year. JLG says its doubled the length of engine service intervals – from 500 to 1,000 hours – on its JLG and SkyTrak telehan- dlers equipped with Cummins QSF3.8 diesel engines. The use of synthetic oil, plus new oil and fuel fi lters, led to the extension. The company still recommends an initial oil change take place at 500 hours. Asphalt plant manufacturer and Roadtec parent company Astec has reported a net sales increase of 9.9 percent in the second quarter, compared to the same quarter last year. The com- pany says the primary reason for the increase was demand result- ing from passage of the Fixing America's Surface Transportation (FAST) Act last year, in addition to increased private sector activity. Terex's second quarter profi ts fell 8 percent, while net sales decreased 10 percent. In June, Terex announced the sale of its compact construction segment to Yanmar and consolidated its corporate structure from fi ve seg- ments to three. The company's (continued on page 17)

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