Commercial Construction Index Points to High Revenue and Profit Margins for 2017

The U.S. Chamber of Commerce in partnership with USG Corporation just released the Commercial Construction Index (CCI) for Q2 and according to this survey, the outlook for the rest of this year is higher revenues and profit margins.

The CCI surveys contractors across the country to understand industry trends and top-of-mind concerns. Leading indicators used to determine confidence are backlog levels, new business opportunities, and revenue forecasts. The confidence index for Q2 was at 76 out of 100 points which indicates a positive contractor outlook.

Many contractors have high confidence that there are emerging business opportunities at 77 points, optimistic that revenue will increase at 71 points, and the backlog on average was at 9.9 months which is close to the ideal of 12 months, giving this indicator 81 points.

 

Across the board, however, 61% of contractors surveyed reported difficulty finding the right talent to fill key positions.

79% of contractors reported an increase in green building activity. Large contractors reported that 44% of their projects were green, midsized companies reported 31%, and small companies reported 21%.

Even with the difficulty in finding skilled workers, most contractions (95%) expect profit margins to grow or stay the same over the next 12 months, and 96% expect revenues to grow or remain stable.
Overall, the index points to high confidence and a positive outlook across the country.

However, if you are a little more conservative on the length of this growth spurt, call us about our custom tailored 36 month leases where you can return the new JLG machines at the end of the lease term.
If you are currently renting, we can show you how you can save at least $10,000.00 over the length of the lease and still own the machine if you want.

Click here to read the full report.

Don’t Get Fined!

It has come to our attention that for the past two weeks enforcement committees have been going on job sites handing out citations to owners of vehicles who do not have their Equipment Identification Number (EIN) decal posted on both sides of their vehicle. 

According to the CARB, “…the labeling provisions of the Off-Road regulation were amended in December 2010 to require labels on both sides of the each vehicle. dditionally, fleets reported as ‘captive attainment area fleets’ must have labels with a green background instead of red.”

Please note that this requirement includes all engine-powered boomlifts and telehandlers and fines have been upwards of $500 per vehicle.

You can read the updated overview of the In-Use Off-Road Diesel Fueled Fleets Regulation here CARB Fact Sheet and Overview

Also, please remember that you have until June 30th to have your LSI (Large Spark Ignition) Labeling and Reporting completed. Please contact us right away for assistance.

Old Equipment Need a Face Lift?

We can help with City Restore, a 4-step, environmentally friendly, chemical process that will clean, rejuvenate, and restore your machines.

We use it on our rental fleets and on client vehicles with terrific results.

Contact John Rubidoux today for more information and a direct quote at 951.256.2040

The Equipment Operators Guide to DEF

In this video you’ll learn what happens when DEF gets contaminated, how to avoid DEF contamination, the BIGGEST myth behind filtration systems, how to store DEF, and more.

Call West Coast Equipment for more information at 951.256.2040 or visit http://www.westcoastequipment.us

Large Spark Ignition (LSI) Reporting Due June, 2017

Large Spark-Ignition (LSI) labeling and reporting is due June 30, 2017. Are you ready?

This regulation applies to operators of forklifts, sweeper/scrubbers, industrial tow tractors, and airport ground support equipment (GSE) with LSI engines of 25 horsepower (19 kilowatt) or greater, and greater than 1.0 liter displacement, including electric equipment are subject to the regulation. LSI engines are fueled with gasoline, propane, and compressed natural gas. (citation)

If you have 4 or more of the vehicles listed above, then you’ll need to report and label your equipment using CARBS online DOORS reporting system.

DOORS is an on-line reporting system that has been used for many years by fleets that own and operate diesel off-road equipment. ARB has expanded DOORS to include a portal for LSI equipment which may be accessed at: https://ssl.arb.ca.gov/ssldoors/doors_reporting/doors_login.html (citation)

Fleet Average Emission Level Standards

How We Can Help

If you need to replace or upgrade your equipment, or if you have questions, then call us immediately at 951.256.2040

How to Lower Your Cost of Ownership

A great way to reduce the cost of ownership is to make sure that you stay within the manufacturers guidelines for service and maintenance.

Cummins, the engine manufacturer for the JLG 1055 and 1255 telehandlers, recommends that you use their motor oil to maintain peak engine performance and extend service intervals, which lowers your cost of ownership. Contact our service department today at 951-256-2040 for more information.

Also, if it’s time to replace your 544D Gradall forklift, then consider upgrading to the JLG 1055 telehandler, one of the most current and top of the line forklifts that JLG manufactures at this time.

With more comfort and serviceability, it’s no wonder why the 1055 is one of our customers top picks here at West Coast Equipment. Click here to watch the JLG touring video.

If you have any questions, then contact me personally at Shaun@WestCoastEquipment.us

We Deliver

Here’s a GoPro video created and produced by driver Jeff Newman. At West Coast Equipment, we deliver JLG telehandlers, reach forklifts, boom lifts, and scissor lifts. Contact us today for a FREE quote on parts, service, rentals, or sales.

jlg reach forklift

JLG Helping to Reduce Maintenance Costs for Owners

JLG announced earlier this month that they’ve extended the length of its mandatory wire rope and sheave replacement interval from 8 to 12 years, provided the total number of machine hours does not exceed 7,000 hours.

Says Paul Kreutzwiser, JLG Industries global category director, “Wire rope replacement is one of the largest costs a fleet owner will incur over the life of a boom lift…although highly variable, typical wire rope replacement jobs can cost fleet owners thousands of dollars per job. By increasing the length of the replacement interval, we are reducing maintenance costs and contributing to a lower total cost of ownership.”

The extended intervals apply to the following JLG® boom lift models, available globally: 600S, 600SJ, 600SC, 600SJC, 601S, 660SJ, 660SJC, 680S, 800S, 810SJ, 860SJ, 1100S, 1100SB, 1100SJP, 1200SJP, 1350SJP, 1500SJ, and 1850SJ.

Contact our sales department at 951.256.2040 or sales@westcoast.us  immediately if you have any questions.