CEDMag.com - June 2013 Articles
Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920. Associated Equipment Distributors
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CEDMag.com - June 2013 Articles

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JUNE 2013
  • Diversified Golf Course Contractors Wait for Greener Days
    Sector Check
    By Larry Coffman
    Builders say the industry took it on the chin during the recession, and equipment demand for course construction has changed dramatically.
    While the stock market has made a nice recovery in the wake of the recession, it’s not exactly fun and games for the golf course building industry right now. A recent report from the National Golf Foundation showed that 13 new courses opened in America in 2012, while 154 closed. This means that a lot of heavy machinery used for earth moving and sculpting is sitting idle.
    [ read more ]
  • BINGO! U.S. Housing Market Finally Getting Its Numbers
    Market Update
    By Dana E. Neuts
    Led by multifamily starts for now, recovery will gradually continue as demand bends to new kinds of demographic trends.
    Since the nation's recession in 2008 and 2009, the U.S. economy has experienced a bumpy road to recovery, impacting everything from employment to housing. GDP revealed the economy experienced several strong quarters of growth beginning in 2010, but an average economic growth of just 1.6 percent in 2012 was not exactly what one would hope to see in a recovery. But there's good news – relatively speaking – according Dr. David Crowe, chief economist and senior vice president for the National Association of Home Builders. Despite the uncertain, up-and-down recovery, NAHB forecasts economic growth for the next two years: 2 percent in 2013 and 3.2 percent in 2014.
    [ read more ]
  • The Race to Provide Services Nobody Really Wants
    Profit Improvement Report
    By Dr. Albert D. Bates
    What customers care about most – and what dealers should excel at – is inventory availability.
    Distributors in virtually every line of trade have worked hard to increase their service profile through the years. As one obvious example, the time between receipt of a customer's order and elivery has shrunk dramatically. The list of other, equally significant, service enhancements is lengthy. Today, distributors continue to look for additional ways to enhance "service" in order to lock in their customers. The problem is that all of these new and better services increase payroll costs with no guarantee of actually locking in the revenue. If they don't, distributors will suffer from payroll expense creep.
    [ read more ]
  • Lift with a Twist
    Product Support
    By Joanne Costin
    Rental dynamo Trico Lift takes customer service to a whole new level with the hiring of 20 new mechanics.
    Newly appointed CEO and president of Trico Lift Chris Carmolingo inherited a well-defined niche for the company, and he's not giving up on it anytime soon. "We're lift specialists and we've always been a full-service aerial lift provider," said Carmolingo, who recently replaced retiring president, Ken Pustizzi, who co-founded the company in 1952. Carmolingo is an 18-year veteran of Trico Lift, which has eight locations in New Jersey, Pennsylvania, Maryland, Virginia and Texas.
    [ read more ]
  • Tax Reform: The Time is Now!
    Washington Insider
    By Christian Klein
    There's reason to believe that a bipartisan deal will happen this year.
    Tax reform is high on the radar screen in D.C. at the moment. The hotly-charged partisan environment is a barrier to progress on many issues, but there's a sense that stars may be aligning for an historic, once-in-ageneration tax reform deal. U.S. Senate Finance Committee Chairman Max Baucus' (D-Mont.) decision to retire at the end of this Congress gives him more political room to maneuver. Both he and U.S. House of Representatives Ways & Means Chairman Dave Camp (R-Mich., who will be forced to give up his gavel at the end of next year due to GOP chairmanship term limits) are now thinking about their legacies.
    [ read more ]