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The return of manufac-turing into North America, the evolution of e-com-merce delivery needs, and a TL industry projected to suffer the “mother of all ca-pacity shortages” by 2017 are trends poised to give a huge boost to the U.S. LTL sector in the coming years – a boost that should sig-nificantly fatten LTL profit margins as well.

“It’s really all about put-ting more volume through the network to gain den-sity, pickup and delivery density, economies of load factor in the LTL business,” noted John Larkin, head of the transportation and logistics equity research group at Wall Street invest-ment firm Stifel, Nicolaus & Co., during a presentation to the Ozburn Hessey Lo-gistics Carrier Affinity Con-ference back in May.

“You build that network out and then start pump-ing more volume through it you get a lot of operating

leverage,” he explained.One reason the LTL sec-

tor has more “leverage” than TL carriage is that a little over 50% of the LTL market is controlled by five companies: FedEx Freight (16%); YRC World-wide(14%); Con-way Freight (10%); UPS Freight (7%) and Old Dominion Freight Lines (7%).

“That’s much more con-centrated than the truck-load industry, where your biggest carrier may have only 2% and depending on how you count it’s maybe as little as 1%,” Larkin pointed out, though he stressed it is important to “keep in mind” mind that the U.S. LTL industry cur-rently is only 12% as large as the truckload industry.

FedEx Freight’s fiscal fourth quarter results, re-ported back in June, high-light some of those trends in action.

The carrier reports a 5% jump in operating income

to $37 million on a 1% up-tick in revenue to $1.57 bil-lion during its fiscal fourth quarter, with its operat-ing margin increasing 0.3 points to 8.7% as a result.

FedEx Freight also noted its LTL revenue per ship-ment improved 2% due to higher rates from on-going yield initiatives, signifi-cantly offset by lower fuel surcharges – even though average LTL daily ship-ments remained essentially flat during its fiscal fourth quarter.

Old Dominion noted that its daily tonnage in-creased 9.6% in May and 9.7% in April, leading it to increase its overall tons-per-day growth expecta-tions for the second quarter to between 9.5% and 10% over the second quarter, though it lowered its rev-enue per hundredweight expectations down to be-tween 5% and 5.5% from its previous projection of between 5.5% and 6.5%

largely due to slower U.S., economic growth.

Yet Stifel’s Larkin noted that the U.S. LTL industry now actually has more vol-ume than it’s ever had and he expects that growth to continue.

“We expect the [vol-ume] growth there to con-tinue growing in sort of the 3% to 4% range [and] maybe drop to between 2.5%-3% over the next couple of years,” he said. “And yields are still rising

even though 2015 is not as strong of a year for freight as 2014 was.”

In particular, Larkin noted that the 10-year op-erating income picture especially for LTL carri-ers such as Old Dominion shows how the LTL sector is profiting handsomely de-spite the U.S. economy’s sluggish performance since the Great Recession.

“Old Dominion’s [earn-ings] growth has been al-most twice that of its rev-

enue growth and it’s really all about putting more vol-ume through the network to gain density, pickup and delivery density, [and] economies of load factor in the LTL business,” he ex-plained.

On top of that, LTL pric-es are still increasing even though freight may be flat to downhill a little – which Larkin thinks is a very good thing for the LTL industry.

“There is not a lot of

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LTL Poised For Big Gains

RMT, a North Ameri-can distributor of onboard weighing and backup camera systems specially built for heavy equip-ment, has opened its new 6,000-square-foot head of-fice and warehouse facility in Blainville, Quebec, near the international transpor-tation hub of Montreal.

Designated as the North American headquarters for global manufacturing in-cluding VEI Loader Scales, TRACK-VISION Safety

Backup Camera Systems, SciTronics belt scales and metal detectors, and BRT onboard truck scales, the Blainville facility integrates a wide range of resources for parts and service sup-port, factory training and product development.

“The new RMT head office increases our ware-housing space for products and parts inventories to three times our previous capacity,” said Company President Marc Lefebvre.

“It is the perfect home for the most complete product line for in-motion accuracy and safety on heavy equip-ment machines.”

The new location fea-tures a fully equipped training centre with hands-on learning and interac-tive media for dealers and customers and its modern interior design provides natural lighting and lines of site for easy interaction amongst RMT’s head office team.

“Our new home pre-pares RMT to support the continued growth of op-portunities for new dealers and new products,” said Hugo Lariviere, VP Sales & Operations. b

RMT Equipment Moves HQ To Blainville, Quebec

Continued on page 4


World oil prices have made a comeback from the low $40 per barrel mark in March, to around $60 in June. This is welcome news for Canada’s oil in-dustry, where many drill-ers can’t survive on prices below $50 per barrel and will still struggle with oil priced in the $60 range. With U.S. oil inventories still at record highs, the key question going forward is: Is this rebound in oil prices sustainable?

The spike in oil pric-es is closely linked to the number of rigs drill-ing for oil in the United States, which has be-come one of the largest producers in the world over the past few years. In November, there were close to 1,900 rigs drill-ing, but by the middle of June that number had plunged to around 830. Many drillers simply can’t run their opera-

tions profitably with oil at $50 per barrel. U.S. oil production has gen-erally been on the rise in the first half of this year; while oil producers closed some of their less productive rigs, they also ramped up production in their more productive ones. However, energy analysts contend that as these more productive wells begin to run dry, the drop in drilling activ-ity will start to dampen supply on the market. U.S. production will level off and even start to de-cline as the year unfolds, putting upward pressure on oil prices.

Currency movements are an often overlooked factor in the oil price re-bound. Over the past year or so, the greenback has appreciated against the euro and other major cur-rencies by more than 20 per cent. Oil is priced in

U.S. dollars and a rapidly appreciating greenback makes it more expensive for oil-importing countries to buy product—so while oil prices have become cheaper for Americans, the drop is much less pro-nounced in Canada and other countries. However, in recent weeks the U.S. dollar’s appreciation has stalled, and the currency has depreciated slightly against currencies such as the euro. This shift in sentiment toward the U.S. dollar has also helped boost world oil prices.

Despite the recent turnaround in prices, we remain cautious regarding the outlook for oil prices in the near term. We ex-pect West Texas Interme-diate to gradually recover over the next few months, but remain below $65 per barrel even by the end of 2015. However, there are risks—factors that could

cause a pullback in oil prices include high U.S. inventory levels, higher production from Saudi Arabia, and the effect of higher prices on U.S. shale production.

Weekly U.S. com-mercial inventories of oil have declined in re-cent weeks, but remain close to 470 million bar-rels—around 15 per cent above the five year aver-age. It will take time to reduce this excess sup-ply, although the sum-mer driving season will certainly help. A growing untapped supply of oil is another factor that has the potential to set oil prices back again. Frack-ing companies have con-tinued to drill into shale oil deposits but have re-frained from fracking the wells, which involves splitting the deposits apart with high-pressure water and chemicals to release the oil from the shale. This suggests that there is plenty of addi-tional supply ready to go as soon as prices become more favourable.

International develop-ments in Saudi Arabia and Iran could also play a role in determining the

excess capacity and ship-pers are willing to pay up if they know in a couple of years we’re going to have a capacity shortage when ELDs [electronic logging devices] and speed limiters are mandated,” he noted.

“In the early days after de-regulation, LTL was be-ing bludgeoned from all directions. But [now] the survivors have hit their stride and the future is re-

ally quite rosy,” Larkin em-phasized. “With all the LTL industry rationalization that we’ve seen over the last 35 years and the com-ing mother of all truckload capacity shortages, the real question is will there be enough capacity given how little we invest in our high-way system, how congest-ed our ports are, and how little incremental freight the railroads are able to di-gest.” b

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Oil Prices On The Mend … But Can It Last?

future path of world oil prices. Late last year, Sau-di Arabia’s oil minister an-nounced that his country would continue to ramp up production even as prices fell to below US$50 per barrel. As Saudi Ara-bia fights to maintain market share in the highly competitive U.S. market, production recently in-creased to over 10 million barrels per day—the high-est level in three decades. While more of a long-term issue, the potential for higher supplies from Iran looms on the horizon if the on-going negotia-tions over Iran’s nuclear program are successfully. Iran was producing more than 4 million barrels per day before sanctions, de-

signed to rein in the coun-try’s nuclear program, led to a slide in production toward the end of 2011. Current production levels are slightly more than 3 million barrels a day, but a return to full capacity could have a dramatic im-pact on prices.

These factors pose risks to our view that world oil prices will continue to in-crease at a steady pace for the remainder of this year and into 2016. While it is unlikely that world prices will sink back below $50 per barrel any time soon, a combination of interna-tional and domestic factors in the United States means that $100 a barrel oil will become an increasingly distant memory. b


St. Andrews, the “home of golf,” will be the first Open venue since the signing of the deal. A spe-cial exhibition area, desig-nated the “Power & Water Station,” installed for the first time this year

Doosan Chairman Yongmaan Park an-nounced on July 12, 2015, that the company has signed a five-year exten-sion with The Royal & An-cient Golf Club (The R&A) to continue its sponsor-ship for The Open Cham-pionship (also known as the British Open), one of the most prestigious tour-naments in professional golf.

By signing the deal, Doosan will continue to serve as an official patron of The Open until 2019. This year, the champion-ship will be staged at the Old Course, St. Andrews, or the “home of golf.” Having the first cham-pionship held at St. An-drews after the five-year extension is especially

meaningful for Doosan as it was also the champion-ship venue in 2010, when Doosan signed the first sponsorship agreement.

Doosan decided to re-new the partnership agree-ment based on an analysis of the market, which indi-cated significant benefits from the original sponsor-ship. Repucom, an inde-pendent brand analysis and research agency, as-sessed the monetary value of the exposure achieved by Doosan’s on-site sig-nage via worldwide tele-vision coverage at around $13 million (8.5 million pounds) every year.

In an effort to active-ly promote the Doosan brand and businesses during the agreement pe-riod, Doosan will feature an array of promotional events, including exhi-bitions and a Doosan-branded bus operated outside.

This year at St. An-drews, the Doosan exhi-bition booth will feature

a large LED billboard to deliver Doosan’s brand stories and promote its business. Inside the ex-hibit, special areas will feature such experiences as an excavator simula-tor, virtual reality power plant simulator, a golf simulator and a photo zone.

This year, in a spe-cial exhibition called the “Power & Water Station,” Doosan will promote its desalination and power plant businesses, with free bottled water and free cellphone charging stations that use Doo-san’s fuel cells.

Meanwhile, Doosan has invited four “KJ dream golfers” — junior golfers enrolled in the KJ Choi Foundation pro-gram — to The Open. The young golfers will be provided with free flights and accommodations as they get to appreciate The Open from up close.

The Open, one of the four major champion-ships in professional golf, has 154 years of his-tory. From July 16 to 19, this year’s championship will be held at the Old Course in St. Andrews, Scotland. b

Doosan Extends Sponsorship Of The St. Andrew’s Open

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This bargain-hunting re-flex has hit the gold sector causing a flurry of acquisi-tions including Goldcorp’s (NYSE: GG) $526 million acquisition of Probe Mines, Agnico Eagles’ (NYSE: AEM) $205 million acquisi-tion of Cayden Resources, and Timmins Gold (TSX: TMM) $140 million pur-chase of Newstrike Capital.

Newmont Mines’ (NYSE: NEM) CEO Gary Goldberg also recently stated that “We’re always looking to improve our portfolio,” and “It doesn’t hurt to just look around.”

Gold Canyon’s (TSX.V: GCU) Ontario, Canada Springpole project may be the next shiny set of shoes about to be scooped up.

“Gold Canyon offers one of the best opportuni-ties to leverage the price of gold,” wrote Bob Mori-arty in a December, 2014 publication note, “at $0.10 a share, you are paying about $2.60 an ounce for gold in a safe jurisdiction. That’s pretty hard to beat.” [ed. note: GCU share price

has risen 70% since then]. Springpole is one of

the highest quality bulk tonnage gold deposits in Canada. In 2013, Gold Canyon announced a Pre-liminary Economic Assess-ment (PEA) for the project, supporting a conventional open-pit mine and milling operation.

“Springpole Gold is an al-kaline gold deposit,” stated GCU Director Dr. Quinton Hennigh in an exclusive in-terview. “These alkaline sys-tems are typically large and disseminated with low del-eterious elements. The first time I looked at Springpole I felt that it could be a 3 mil-lion + ounce gold system, and it has far exceeded my expectations.”

Eric Sprott invested in the first tranche financing in 2010 to get the company drilling. That program was a success, revealing several intervals of over 100 me-ters of two to three gram gold. Since then 85,000 meters have been drilled, proving up a 5.1 million ounce resource.

“We published the Pre-liminary Economic As-sessment (PEA) in March 2013,” recalls Hennigh. “The deposit had glowing economics. The initial op-eration was projected to generate 217,000 ounces of gold and 1.2 million ounces of silver per year. The sil-ver credit is significant. Six grams of silver for every gram of gold, definitely improves the economics of the mine.”

At $1,300 gold and a 5% discount Springpole has a pre-tax net present value (NPV) estimated at US $579 million, a pre-tax internal rate of return (IRR) of 25.4%, and a non-discounted payback of just 1.7 years. While the gold price has recently fallen to US $1,200 per ounce, in Ca-nadian dollars it is higher than what it was when the PEA was released. Not only will the revenue be posi-tively affected, operating costs are likely to be lower, owing to much lower oil and steel prices. Hence, if the PEA were to be revised,

the numbers should actu-ally look better today than they did when gold was US$1,300 per ounce.

“We’ll be mining a pit resource of about 1.25 grams per ton of gold and about 6.31 grams per ton of silver,” stated Hennigh. “It is a robust metal asset with consistency and continuity. We are also looking at a strip ratio that is very low. From the point of view of a mine investor wanting to de-risk its money – the Springpole Gold project is a safe bet.”

The Red Lake Camp is in a favorable mining ju-risdiction. There are no mines immediately around Springpole, but Goldcorp’s Musselwhite project is to the north-east, and several historic mines are in close proximity.

“We’ve done a lot of engineering work to make sure that we can mine this deposit without any net environmental damage,” stated Hennigh. “I antici-pate that we will dyke and dewater a small portion of the lake on our property. We’ve completed extensive studies of the fish habitat, establishing that there are no endangered species orsensitive spawning grounds. We are continu-ing to receive advice and support from the Depart-

ment of Fisheries and Oceans Canada (DFO).”

Hennigh does not anticipate any envi-ronmental, geological or financial impediment to moving the Spring-pole project forward.

“We’ve signed a proto-col agreement with the local First Nations,” stated Hen-nigh. “They have a protocol agreement amongst them-selves, to negotiate in good faith with Gold Canyon. We expect it to be a fruitful partnership — with employ-ment, knowledge and eco-nomic benefits flowing in both directions.”

Hennigh stresses that Gold Canyon is not an ear-ly stage exploration com-pany.

“For our next steps, we will be advancing our geo-technical work,” stated Hennigh. “That includes drilling holes to test the structural integrity of the pit. The PEA has formed a solid foundation for launching into a feasibil-ity study. There was small amount of ‘inferred re-source’ that needed to be

converted to ‘indicated’. Although our resource has not officially been updated, the last drill program was designed to accomplish that. Currently, the PEA pit resource is effectively all indicated, meaning we can take it forward to feasibil-ity level study without the need for further resource drilling.”

Because mineralization in the Springpole deposit is consistent, Hennigh and the Gold Canyon geologi-cal team think it is possible to go right to a feasibility study. The PEA estimated cash cost is US $636/equiv-alent ounce gold, with a life of mine of 11 years.

“This is one of the best bulk tonnage projects left in Canada,” stated Hen-nigh. “Over the past few years, projects like ours have been bought one-by-one.” bATTACHMENTS & MORE

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The National Transpor-tation Safety Board (NTSB) is once again recommend-ing that dedicated crash electronic data recorders be installed in all new heavy trucks.

The NTSB, which is not regulatory body and can only make recommenda-tions to government rule makers, made the conclu-sion after an investigation of a truck-motorcoach col-lision last year in California in which 10 people were killed.

Investigators know lit-tle about the cause of the crash and the NTSB said electronic data recorders would have helped them understand the events bet-ter.

While NTSB was un-able to determine why the truck crossed the median, investigators ruled out both truck and motor-coach driver inexperience,

licensing and training, as well as alcohol and drug use, mechanical factors, and weather as causes of the crash. The agency said it found no evidence that the truck driver suf-fered from distraction or fatigue.

“With access to event data recorders, we might have been able to de-termine why the truck crossed the median, which could have enabled us to make recommendations to prevent it from happening again,” NTSB Chairman Christopher Hart said.

“Much of the reason that aviation is so safe today is that we have required such recorders for decades so that we can learn the lessons of accidents,” he added. “But they are still not required in commercial trucks or motorcoaches de-spite more than a decade of recommendations by the

NTSB.”Along with its renewed

call for mandatory EDRs on trucks and motorcoaches, NTSB offered several other recommendations:• That motorcoach inte-

riors be designed with improved flammability requirements;

• That current motorcoach safety standards lack adequate requirements for emergency lighting and signage and should be beefed up to require independently powered lighting fixtures, use of photo luminescent mate-rial to mark emergency exits, and windows that remain open after being opened for emergency evacuations;

• That motorcoach com-panies provide a pre-trip safety briefing or video concerned safety and evacuation procedures;

• That a secondary door be installed on motorcoach-es for use as an emer-gency exit to expedite evacuations and reduce the potential for injuries caused by jumping from window exits. b

NTSB Repeats Call For ‘Black Boxes’ On Trucks

Gold Mining Sector Acquisitions Increase

Gold Canyon’s Springpole project in Ontario may be the next bargain about to be scooped up.


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The sawmill in Wil-kes County, NC, is now operated by its founder’s grandson, Mark Church. Handling a wide variety of hardwood species, the mill produces primar-ily poplar, white oak and red oak lumber to be kiln-dried and marketed through another of the

family businesses, Select Hardwoods. For years, the facility has consistent-ly output about 23 MMBF per year. But now, Mark Church felt a need for more production.

“Last winter I looked out in the yard and saw all the mud. I saw what was going on out there

with the loaders getting stuck and spinning their wheels. I said ‘enough of this’ and we made a huge investment in the yard over the summer to in-crease our efficiency.”Making room to grow

Church & Church has been at this location for over 30 years. Mark

Church notes that it’s a relatively small space for the volume it produces, just 2.5 acres with another 3/4 acres nearby for over-flow. The rebuilt yard in-cludes new roads and new geotextile laid in less than 24” of compacted stone to give loading equipment a stable surface to work on.

“But did we make any more room?” Mark asks rhetorically. “Can we in-ventory the logs we need within this surface area? No… so we asked our-selves, how is this going to increase our throughput?”

Church and his team realized that, to recoup the investment and meet new production goals, there was only one way to increase the yard’s capac-ity: go higher.“That’s the trick!”

Up to then, Church & Church was using tradi-tional log-handling equip-ment, including a knuck-leboom loader to sort logs as they arrived by truck, plus wheel loaders to stack them and unload from the ricks. Mark talk-ed to his local equipment dealer, Mark Nelson at ASC Volvo, about upgrad-ing to stack higher. The two discussed getting a wheel loader the next size up, with extra extensions to increase the reach. But in the end, that solution would only give the yard another 2 ft. in stacking height.

Church recalls, “I said, 2 feet…that’s not enough. I want to go higher. That’s when Nelson suggested that we go see Sennebo-gen’s purpose-built ma-terial handlers in action. And I said what in the world is a Sennebogen?”

Church gathered his forester and yard man-ager to visit the log yard, about 60 miles from their mill. “They handle mainly softer woods with more uniform lengths and di-ameters than ours. Our wood is harder to stack, but I understood that the principle would be the same.”

“Then, when I saw that cab go up in the air I said Oh yeah – that’s the trick!”High-stacking hardwoods

The high reach of a Sennebogen log handler would allow Church & Church to stack logs to heights up to 20+ feet – effectively doubling the yard’s inventory capac-ity. The purpose-built machine features an el-evating cab that raises the operator to a perfect eye level. The extra reach and cab elevation answered many of Church’s con-cerns.

“I like the safety aspect of it,” he says. “I like that you’re actually up over the rick, looking down on the logs, plus being able to place the logs where you want. Stacking accurately is important with the vari-ation you get in the length of the logs and the varia-tion in diameter from the

small end to the butt end - especially with that first cut at the stump.”

Church admits that he was still “a bit leery” of how high the Sen-nebogen could stack, in actual practice. He was concerned for the safety of the loaders, when they came to destack logs from the ricks. Another con-cern was handling the logs during the summer months, when they dry and the bark tends to fall off the logs in handling. “It makes the logs slippery and harder to handle.” Protecting yard safety

ASC Volvo arranged to bring a Sennebogen ma-chine from another loca-tion for Church & Church to test out. “We could see that the demo machine was larger than what we needed. But it was the right idea.”

To answer his concerns about logs potentially roll-ing out of the rick onto his loaders, Church planned to have an extra shift un-load the ricks at night for the next day. “However, you can unload the ricks safely,” he reports. “To-day we have an operator destack in the daytime whenever there’s a break in the yard. As our new yard became so much more efficient, we didn’t have to add the night shift. It’s worked out beautifully. We’re stack-ing higher and it hasn’t cost me any more for time or another shift.”

“The maneuverability of the Sennebogen 825 works for us. We can move it right up beside a rick and use it to sort the logs, like we did before with the knuckleboom. Its reach is better, its visibil-ity is better and we got a larger grapple to move the logs more efficiently.”

“Overall, I love the machine. If you compare the versatility of this ma-chine versus a wheel loader, there is no con-test and the cost is about the same. When I went to Sennebogen’s parts ware-house in Stanley, NC, I was impressed. With all the parts that were there, the booms, the engines in stock, I thought ‘this is a good company.’ I had never heard of Sennebo-gen, so I wondered about what if there’s a problem. But when I saw that facil-ity, I knew I could take that concern off the ta-ble.” b

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Church & Church Mill Yard Raises The Roof With A Sennebogen Log Handler

The high reach of a Sennebogen log handler would allow Church & Church to stack logs to heights up to 20+ feet – effectively doubling the yard’s inventory capacity.


Sommers Motor Gen-erator Sales Ltd., Canada’s leading manufacturer of custom generators, has announced that Chris Mc-Gregor was recently ap-pointed President of the company.

The appointment fol-lows McGregor’s pur-chase of controlling in-terest in the business in April of this year. Wes and Kay Sommers found-ed Sommers Motor Gen-erator Sales Ltd. in 1936, helping to bring electri-cal service and equip-ment to rural Ontario and the Maritime region. The company has remained in the family since that

time, emerging as “Cana-da’s powerhouse in gen-erator systems.”

Chris McGregor joined the Sommers organiza-tion in 1998 and he has served as General Man-ager since 2008. Patrick Sommers, representing the third generation in the family business, will remain with the service department.

McGregor forecasts a number of significant an-nouncements to follow in the near future. “We have had several initiatives un-der way in product and ser-vice development recently. As our organizational changes settle in, you can

expect to see these come to fruition. We’re very excited about some new Sommers’ residential stand-by power products being introduced, as well as products and services for our industrial systems. We’ll be moving quickly to keep our com-mitments to the Sommers dealer network and to all Sommers customers.”

Quoting US President Harry Truman, McGregor said, “It’s amazing what you can accomplish if you don’t care who gets the credit.”

On announcing these changes to Sommers em-ployees, McGregor said, “I am grateful for the op-portunity to purchase such a strong company with a great team of dedicated employees. I look forward to carrying on [our] tradi-tions and the company name.” b

Sommers Generators Names Chris McGregor As President

Al Jaber Heavy Lift and Transport recently used its 3,200 tonne capacity Terex CC 8800-1 TWIN crane to help complete a series of super-heavy lifts on a pet-rochemical development in Qatar.

The project involved a total of 143 lifts, 31 of which were carried out us-ing the 1,600 tonne capac-ity Terex CC 8800-1 crane and two lifts - installing two AGR (Advanced Gas Reactor) absorbers each weighing 1,300 tonnes - with the crane in its TWIN format.

The lifts were planned by Al Jaber site manager Sevi Phillip over a period of 18 months with the two

AGR absorber lifts criti-cal in the company be-ing awarded the contract. With the single boom 1,600 tonne capacity CC 8800-1 crane already on site to carry out the small-er capacity lifts, the crane was then adapted to SSL TWIN configuration by adding the second boom to lift the two AGR ab-sorbers.

Once fully rigged in TWIN format, the self-propelled modular trailers (SPMT’s) used to move the huge columns into posi-tion were also assembled. Each absorber was raised from the horizontal to the vertical using the CC 8800-1 TWIN crane as the main lift crane and using a tail frame to control the base of the absorber.

Once the CC 8800-1 TWIN crane lifted the ab-sorber clear of the SPMT’s, the trailer was moved out of way and the lift contin-ued until the column was vertical. At this point the tail frame was then re-moved leaving the crane to carry the whole weight of the absorber.

Next the crane slewed through 90 degrees and placed the column into its final position on the spe-cially prepared foundation. The TWIN was then par-tially de-rigged so that it could track a short distance

into the correct position to carry out the second lift and then be re-assembled to carry out the identical lift sequence with the sec-ond AGR absorber.

Mark Rowlands, proj-ect manager with Al Jaber Heavy Lift based in the Middle East said that the contract was further com-plicated because of the in-tense heat in the summer and wind variations. “The Terex CC 8800-1 TWIN is not just the best crane for the job, but the best crane!” he said. “It was comfortable, easy to use, stable and flexible and the operators were very happy with its precise and user friendly controls.”

“We were all very pleased with the crane and how it performed. Everything went accord-ing to the plan - it was a dream come true!” said Phillip. “We were all sur-prised how compact the CC 8800-1 TWIN was given its huge lift capac-ity. There were 27,000 people on site so space was at a premium. We worked with the client to minimize time and space requirements which really benefitted the whole proj-ect.”

The AGR absorber col-umn is a critical item in the liquefied natural gas processing train helping re-move hydrogen sulphide, carbon dioxide and organic sulphurs in the raw feed gas so it complies with LNG liquefaction process or sales gas production standards. b

Terex CC 8800-1 Twin Crawler Crane Completes Qatar AGR Lifts

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“Almost celestial,” “hero of the skies,” “steel giant” – since its erection end of April, the WOLFF 6031.8 clear at the TÜV Rheinland high rise in Poll, Cologne has been given many names by the media. The 130 meter high trolley jib crane is currently the tallest freestanding con-struction crane in Germa-ny. Commissioned by Bil-finger Hochbau GmbH, it will fit the building with a new, modern glass facade in the course of the next two years.

A hook height of 130 meters is usually child’s play for a tower crane, but a freestanding 130 meter hook height is a challenge. At the TÜV Rheinland con-struction site, however, this was the only possibil-ity. “We couldn’t place the crane close enough to the building to tie it to the building,” explained Carsten Druske, Branch Manager of WOLFFKRAN Dortmund. “Further, none of the surrounding build-ings had a flat roof that could support the 152 ton heavy crane. Actually, these couldn’t even sup-port the scaffolding.” This was a job for the Heilbronn crane manufacturer’s tech-nical experts. “Our tech-

nical support department achieved a remarkable of structural calculation, un-paralleled in the industry,” Druske said.Construction site of superlatives

With its tip load ca-pacity of 3.1 tons with a 60-meter jib and a maxi-mum lifting capacity of 8.5 tons at a 25-meter jib radius, and a lifting speed of 115 meters per minute, the flat top WOLFF 6031.8 clear meets all the require-ments of this construction site. In Cologne, it is used for lifting heavy steel and glass components. To an-chor the WOLFF, Bilfinger constructed a 1,300 ton heavy, 12 by 12 meter con-crete base with an 18 me-ter deep pile foundation. “WOLFFKRAN convinced us with the performance and size of this crane, and with their perfected plan-ning concept,” said Mi-chael Gessner, Technical Manager at TÜV Rheinland Real Estate.

Assembling the red gi-ant was an enormous ef-fort. “Normally, cranes with this hook height are climbed to their final height piece by piece,” explained Oliver Manthei, Chief Service Technician at WOLFFKRAN and in

charge of the assembly. “For the WOLFF in Co-logne, we brought in a 750 ton mobile crane – one of the heaviest in the German market – from the compa-ny Colonia. This allowed us to erect the WOLFF to its final height within the scheduled time of two and a half days,” Manthei con-tinues.Working between heaven and earth

One further number impresses among all the superlatives associated with the Cologne con-struction site: The crane operator needs about 40 minutes per day to climb up to his work place 130 meters above the ground – and just as long to climb back down. “It’s a job with a fitness factor,” Druske said. “So we de-cided to fit the crane with an exterior lift,” Gessner added. “On the one hand, to make the operators job a bit easier, but the main reason being with regards to safety. Should anything happen to the operator, it would take a rescue team 40 minutes to reach him.”Cologne’s new landmark

With 40 years of ser-vice under its belt, the TÜV Rheinland building is being

completely refurbished for about 40 million Euros. In addition to the new glass facade, the high rise will be fitted with state-of-the-art HVAC, elevators and fire protection. During the course of the renovation approximately 1,000 em-ployees will have to be re-located. The renovation is scheduled to be completed in 2017. Until then, the highest freestanding crane in Germany will continue to be an impressive sight in this city by the River Rhine, and will certainly attract another nickname or two.WOLFF crane onsite in Cologne:

WOLFF Crane base Over-hang in meters Hook height in meters Max. lift-ing capacity in tons BGL Group (meter tons)6031.8 clear Foundation anchor 60 130 8.5 224

With a tradition of over 150 years WOLFFKRAN is one of the leading manu-facturers and rental com-panies of high-quality tow-er cranes in Central and Eastern Europe, the Middle East, North America, Aus-tralia and Hong Kong. The worldwide rental fleet comprises more than 750 WOLFF cranes. It is head-quartered in Zug (Swit-zerland) and has manu-facturing site in Heilbronn and Luckau (Germany), as well as international sub-sidiaries and partnerships around the world. It em-ploys a global workforce of approx. 900 people. b

Highest Freestanding WOLFF Crane Renovates Facade Of The TÜV Rheinland High Rise

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The Martin Mars wa-ter bomber is back on

Vancouver Island after helping to fight a wildfire near Nelson, B.C.

Provincial Fire Informa-tion Officer Ryan Turcot says the aged air tanker dropped nine loads on a wildfire burning near Bo-swell and Highway 3A Sat-urday, with each load car-rying about 27,000 litres.

It was the first time in two years that the Martin Mars has been used to fight wildfires in B.C.

The provincial govern-

ment signed a one-month contract earlier in July to use the water bomber.

Turcot says there are currently 154 blazes burn-ing, down from 223 last weekend.

He says cooler weather is partly due to the drop in fire activity, but noted that several parts of the prov-ince saw hot, dry condi-tions once again over the weekend. For more infor-mation about the Martin Mars, visit martinmars.com. b©2015 The Canadian Press

Front Page Story

Fighting Fires With Martin MarsThe Martin Mars Bomber Returns To Vancouver Island After Fighting Fires Near Nelson, BC.

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IC Potash Corp. (TSX: ICP; OTCQX: ICPTF) (“ICP” or the “Company”) is pleased to announce that its wholly owned subsid-iary Intercontinental Potash Corp. (USA) has appointed Patrick Okita as Chief De-velopment and Technical Officer. The Company also announces that it has re-tained Graham Wheelock and Kevin Burford to assist with the development of the Ochoa Project, subject to all required government, regulatory and other ap-provals.

Sidney Himmel, Presi-dent and Chief Execu-tive Officer of ICP, stated: “We are delighted to have Messrs. Okita, Wheelock and Burford join the ICP

team. Collectively, these gentlemen bring 89 years of applied leadership in mining, including mine de-velopment, operations, and optimization. With the ad-dition of Patrick Okita, Gra-ham Wheelock and Kevin Burford, ICP has the exper-tise to take the Ochoa Proj-ect into production and to bring potassium sulphate to a worldwide market.”Patrick Okita, Ph.D.

Dr. Patrick Okita has 29 years of experience in the international mineral and energy industries. Dr. Okita’s key roles are appli-cation of geochemistry and ore forming processes to resource characterization and mineral processing, supply-demand analysis

and resource development strategy. He has conducted exploration and evaluation of deposits and prospects across 26 mineral com-modity groups including: potash, phosphate, borate, iron, manganese, and bar-ite, as well as sediment-hosted lead-zinc and cop-per, coalbed methane and mineable oil sand. His ex-perience includes working in 23 countries where his responsibilities included large-scale remote field exploration activities, busi-ness management, and government liaison.

Potash is a particular focus for Dr. Okita and his experience ranges from basin wide and regional scale evaluations, through

delineation drilling of min-ing reserves to feasibility studies. His work related to potash includes evalua-tion of resource and devel-opment criteria for dozens of the producing, prospec-tive, and generative proj-ects throughout the world. Dr. Okita’s significant ac-complishments in the past ten years have included his participation from in-ception in the definitional work on BHP Billiton’s pot-ash projects in Saskatch-ewan and Ethiopia; leading exploration and resource definition for ICP’s Ochoa Project in New Mexico; and exploration, produc-tion, and asset sale of coal-bed methane properties in West Virginia.

Dr. Okita has held tech-nical and management positions with the U.S. Geological Survey as Re-search Scientist, BHP Min-erals (now BHP Billiton) as Worldwide Exploration Manager for Industrial Minerals, and is currently a Principal Economic Ge-ologist with Upstream Re-sources. Dr. Okita has a Ph.D. in Geology from the University of Cincinnati, a MSc. in Geology from Loui-siana State University and a B.Sc. in Geology and Biol-

ogy from the University of Rochester. He was a post-doctoral fellow at the U.S. National Research Council.Kevin Burford, B. Acc. Sc. (Hons)

Mr. Kevin Burford is a Chartered Accountant (South Africa) with 28 years of experience in the mining industry having worked for De Beers Con-solidated Diamond Mines (“De Beers”), Anglo Amer-ican Corporation (“Anglo American”), Xstrata, and Gem Diamonds Limited (“Gem Diamonds”) in vari-ous strategic and opera-tional leadership positions covering capital and debt markets, shareholder rela-tions, finance, treasury, business strategy, risk management, governance, supply chain, IT and inter-

nal audit. In the early part of his career he held vari-ous financial positions at the De Beers Finsch Mine in South Africa and the Namdeb Diamond Corpo-ration mine in Namibia, during which time he was involved in or had finan-cial oversight responsibil-ity for multi-million dollar capital expansion projects, including the Finsch Mine underground development project, construction of Namdeb’s Elizabeth Bay and Auchas mines, as well as its offshore mining capa-bility through its deep wa-ter mining contractor, De Beers Marine.

Thereafter he assumed the role of Group Man-ager - Finance for the De Beers group, during which

IC Potash Announces Appointment Of Industry Experts To Enhance Development Of Ochoa Project

Wallingford’s Inc. in-troduces new products in 2015 within their line of Babac Traction Products. This Made in the U.S.A. product line now includes an extremely aggressive 7/8” Multi-Ring and 1” Multi-Ring, as well as 7/8” Single, Diamond and a half and Double Diamond chains.

Designed with today’s larger machines and rug-ged terrain in mind, Ba-bac Forestry and Heavy Equipment tire chains are made of only the fin-est and highest quality boron alloy steel avail-

able in today’s market. This American product is built by hand in Win-slow, Maine. The process of manual welding pro-vides the best results in quality control and cus-tomer satisfaction.

Exclusive to Babac chains is their excep-tional through hardening process which provides a uniform hardness and tensile strength through-out the steel. Extensive tests and field experience have shown that Babac tire chains wear longer, more uniformly, and without the breakage that

is associated with the al-ternative, case hardened products.

Wallingford’s Inc. con-tinues to identify critical areas where loggers re-quire better products for this evolving industry. Babac Traction Products continually provides that high quality American made product at afford-able prices. Babac offer a full line of standard tire chain patterns for skid-der, forwarder, harvester, tractor, and heavy equip-ment applications through Wallingford’s Inc. Babac also offers a computerized custom design capabil-ity and they specialize in custom tire chain appli-cations for odd tire sizes. For more information, please visit: www.Babac tirechains.com b

Wallingford’s Inc. Introduces Line Of Babac Tradition Products

Continued on page 12

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time he had financial re-sponsibility across the op-erational and exploration divisions of the company. This included financial leadership and manage-ment of eleven different mines in various countries covering open pit, alluvial, underground and offshore mining operations. A key part of this role was the oversight of all capital ex-penditure covering stay in business, replacement and expansion capital for exist-ing mines as well as new projects. During this time a key focus was on pro-duction growth, unit cost improvement, profitability, cash delivery and the effec-tive deployment of capital.

Shortly thereafter he helped found Gem Dia-monds. In his role as the CFO he had executive re-sponsibility for the compa-ny’s listing on the London Stock Exchange in 2007, raising approximately US$600 million of new cap-

ital. During his tenure he served as a member of the board of directors and as either Chairman or director of all operational and proj-ect development compa-nies forming part of Gem Diamonds (the “Group”). The Group deployed the capital raised on the acqui-sition, development and expansion of various com-panies and mines in Leso-tho, Australia, Botswana and Indonesia. During this time the Group raised ad-ditional equity capital and debt in order to pursue its growth strategy.

Mr. Burford retired from Gem Diamonds in 2013. Mr. Burford will assist ICP in capital and project fi-nance raising and mine de-velopment, areas in which he has extensive experi-ence.Graham Wheelock, M.Sc.

Mr. Graham Wheelock is a seasoned mining pro-fessional and geologist with 32 years of experience in the gold, heavy miner-

als and diamond industries throughout the world. He spent the formative years of his career as a Geolo-gist and Mineral Resources Manager with Anglo Amer-ican and De Beers work-ing in 25 countries. Later he served for eight years as Assistant General Man-ager and Acting General Manager at De Beers’ Na-maqualand Mine in South Africa, with responsibil-ity for a workforce of 2300 people and a 4.5 million

Gehl, a leader in compact equipment for agriculture, construction and rental mar-kets, is pleased to introduce the new Final Tier IV certi-fied Gehl RS Series GEN: 2 Telescopic Handlers to the North American market. These durable telescopic handlers are designed to meet the growing needs of contractors, builders and rental houses with their unmatched performance, reliability, ease of operation and serviceability. Gehl RS Series GEN:2 models; RS6-42 GEN:2, RS8-42 GEN:2, RS8-44 GEN:2, RS10-44 GEN:2, RS10-55 GEN:2 and RS12-42 GEN:2, are pow-ered by proven 120 hp (89 kW) Cummins QSF 3.8 Tier IV engines. These tur-bocharged, high efficiency engines provide a 4% in-crease in horsepower and 6% increase in peak engine torque, as compared to their Interim Tier IV certified pre-

ton per annum mining & processing facility. He was subsequently appointed ar-chitect and manager of De Beers’ global diamond sup-ply model at the De Beers’ Corporate Headquarters.

In 2005, after leaving De Beers, Mr. Wheelock co-founded Gem Diamonds with seed capital of US$10 million. Gem Diamonds listed on the Main Board of the London Stock Exchange in 2007 with a market capi-talisation of US$1.2 billion.

decessors. In addition to increased performance, the Final Tier IV models use approximately 5% less fuel with a selective catalytic reduction (SCR) exhaust cleaning system. The ma-chine systems are monitored with an in-cab digital colour display that shows real time fluid levels, engine RPM, machine hours, engine di-agnostic codes, warning in-dicators and more. The new RS Series GEN: 2 Telescopic Handlers include robust, welded box-section booms that can handle rated capaci-ties from 5,500 lbs. – 12,000 lbs. (2495 – 5444 kg) and lift heights from 19’1” – 55’1” (5.8 – 16.8 m). These ma-chines also include a variety of intuitive features to maxi-mize productivity on the job. A rear axle stabilization system locks the rear axle to improve stability whenever the boom is raised 60 de-grees, or the parking brake is applied. Self-levelling forks are standard and eliminate the need for manual adjust-ments. Outriggers, standard on the RS10-55 GEN: 2 and optional on other models, add stability and increase capacity when lifting to full height. Multiple tire options available include; standard air filled, foam filled, solid rubber and rock tread air or rock tread foam. Selec-tive steering is standard, allowing the operator to choose between three steer-ing modes: four-wheel, two-wheel and crab. Changing modes is as easy as flipping a switch in the operator's station. Renowned in the industry for leading visibil-ity, the Gehl RS Series GEN: 2 Telescopic Handlers have a large, open concept frame design with high-mounted boom for a 360 degree view of the job at hand — in-

He became its first resident Executive Director in Lon-don. Charged initially with its business development strategy, he led the Gem Diamonds’ acquisition of the Letseng Mine, produc-er of the biggest and most valuable diamonds in the world, as well as a number of other mines and devel-opment projects in Africa, Australia and the Far East. In 2008 Gem Diamonds employed 3500 people and had revenues of US$296

creasing both precision and safety. Dual joystick con-trols for all hydraulic boom functions are standard, with an optional tri-function joy-stick which incorporates the boom control functions into a single joystick control.

Featuring a 17% increase in cab width over the In-terim Tier IV models, the operator’s station focuses on comfort and ergonom-ics with ample leg and arm room. A premium, high-back mechanical suspen-sion seat with a retractable three (3) inch (76 mm) seatbelt are standard equip-ment. An optional, sealed cab enclosure customizes the interior climate for maxi-mum comfort. A 12-volt ac-cessory plug and lockable storage area under the seat add convenience through-out the day. Daily mainte-nance and service are made simple with easy-to-access, tool free panels within the cab and on the outer perim-eter of the machine. A diag-nostic plug is located under the right-hand arm rest for quick engine diagnostics. A wide variety of attach-ments are available for the RS Series GEN: 2 Telescop-ic Handlers to maximize versatility. The Dynattach Quick-Attach system allows

million. Mr. Wheelock was a member of the team that successfully doubled Let-seng’s production to 5.5 million tons per annum, increased annual diamond output at the Elledale Mine in Australia from 150 000 to 600 000 carats, and con-structed the underground Gaghoo Mine in Botswana from scratch. In 2013, Mr. Wheelock left Gem Dia-monds to pursue interests in other sectors of the min-ing industry. b

for quick attachment chang-es, with the operator leaving the seat only to disengage the attachment. Gehl’s in-dustry-exclusive Boom Tip Lift Hook provides a secure lifting point for transporting loads without the use of an additional attachment. The Gehl Personnel Work Plat-form (PWP) System allows the safe and efficient use on an ANSI/ITSDF B56.6 com-pliant work platform. With the Remote Boom Control (RBC) option, a single op-erator can control boom and engine functions from outside the cab. Applications

The Gehl RS Series GEN: 2 Telescopic Han-dlers are positioned in the North American market to provide excellent return on investment for indepen-dent rental operations and telescopic handler buyers. Interview “

We are excited to in-troduce the new Gehl RS Series GEN: 2 Telescopic Handlers,” says Steve Kiskunas, Telescopic Han-dler Product Manager. “These units incorporate an overall horsepower in-crease with the Final Tier IV required engine change. There are also a number of operator improvements - such as the wider opera-tor compartment - while re-taining the simple, durable design that has made the RS Series so successful for our rental customers.” b

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Like a boxer fighting above his weight class, the new four-cylinder 5E and 5ML Series Tractors from John Deere pack a lot of heavy-duty power and ver-satility for utility tractors of their size.

“We’ve taken our pop-ular, market-proven 5 Se-ries Utility Tractor line-up and added new models that make it even easier to perform more jobs on the property or around the farm, ranch or orchard,” says Brad Aldridge, 5 Se-ries Product Marketing Manager for John Deere. “These versatile 5E and 5ML Tractors combine durability with value and are the perfect choice for many types of custom-ers.”

The new four-cylinder 5E Series Tractors are built

for a variety of applications such as livestock feeding, haying operations, road-side mowing and property maintenance. The two new 5ML models are low-profile machines that are perfect for working in orchards, livestock barns and other environments with restrict-ed heights. 5E Series Tractors

Whatever the chore, the new four-cylinder 5Es feature heavy-duty frames, axles, engines and transmission to de-liver greater performance and value. Available in 85 and 100 engine horse-power, the 5085E and 5100E are powered by John Deere PowerTech 4045 diesel engines that meet Final Tier Four emission standards. This engine gives tractors the

muscle to lift more than 1,452 kilograms (3,200 pounds) rear-lift capacity and more than 1,588 kilo-grams (3,500 pounds) at full front loader height.

The durable 24/12 PowrReverser transmission in these machines increases top transport speed by one-third, so operators can do more in less time. Opera-tors can shift from low to high at the touch of a but-ton, without even needing to clutch. The economy PTO, standard on all 5E four-cylinder transmis-sions, lets operators reduce engine rpm to 1,700, which can lower fuel consumption by as much as 20 percent.

“Although performance is the bottom line, we also made a number of ergo-nomic improvements to promote easier, smoother operation,” Aldridge adds. “Other design features make the 5E easier to maintain, which maximiz-es uptime.”

Because most opera-tors use loaders with these utility tractors, visibility is critical to both ease of operation and efficiency. The new sloping hood and raised operator platform on cab models offer 1.1 meters (3.6 feet) of extra visibility in front of the tractor. Better sight lines mean higher op-erator efficiency and com-fort when performing many repetitive loader tasks.

Design changes to the control pod and instru-

ment panel provide easier monitoring and operating control. The operator has more information avail-able on a single screen than ever, including warning lights, ground speed, PTO speed, PTO target bar, PowrReverser position, hour meter, hi/lo indicator and diagnos-tic codes. Routine mainte-nance is made easy with a new slide-out condens-er, radiator screen, tilt-ing charge air cooler and slide-out oil cooler.

As an added bonus, cus-tomers can save money on the purchase price of these new 5E models with a fac-tory-installed loader prep package that matches per-fectly with the new H240 Loaders.

“Our engineers de-signed the 5E Series Util-ity Tractors with the op-erator in mind — from the standard telescoping draft links to the convenient new cup holder,” Aldridge said. “This innovative se-ries provides the economy and convenience of a util-ity tractor, along with the power, versatility and op-erator comfort they would expect to find only on a larger model.” Low-Profile 5ML Tractors

Along with the new 5Es, John Deere is bringing out the new 5ML Tractors de-signed for working in low clearance and tight spaces such as poultry barns and orchards.

“The 5ML Tractors are available in two models, the 100 engine horse-power 5100ML and 115 horsepower 5115ML,” says Ruben Peña, Senior Marketing Representa-tive, John Deere Augusta.

“These low-profile M ma-chines feature an open op-erator station, low-profile seat and ROPS, and slop-ing hood for improved visibility when operating under trees and in low buildings.”

The 5ML models come standard with rugged, Fi-nal Tier 4 compliant John Deere PowerTech engines that automatically perform regeneration for maximum uptime and offer signifi-cant cost of ownership ad-vantages over competitive models.

The 5ML comes with a mechanical hitch and two transmission options: the 16F/16R or 32F/16R PowrReverser for easy, clutch-free forward and reverse operations. They are designed with plenty of hydraulic power to handle a wide variety of implements and excellent drawbar visibility for ease of operation.

Other features in-clude a new backlit LCD instrument panel that makes monitoring tractor performance easier, even in bright conditions, two rear work lights, and new easier-to-access charge air engine cooler and hydraulic oil cooler packages. Factory-in-stalled options include fuel tank guards and an SCV oil spillage collec-tion system.

“We’ve even tucked critical operator controls inside the right fender and added a guard to the left-hand reverser to protect them from bumping into low-hanging branches,” Peña says. “If you spend your days working in or-chards, poultry houses or in other tight spots, the 5ML Tractor is a good fit that will help you get the job done quickly, com-fortably and more effi-ciently.” b

John Deere Beefs Up Utility Tractor Performance With New 5E & 5ML Models

“We’ve taken our popular, market-proven 5 Series Utility Tractor line-up and added new models that make it even easier to perform more jobs on the property or around the farm, ranch or orchard.” — Brad Aldridge, 5 Series Product Marketing Manager

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of Caterpillar employees are already doing around the world— a trait that has been critical to Caterpillar’s success since the formation of the company 90 years ago.

“We know that technol-ogy and information are the drivers in almost every industry including ours; we have to continue push-ing our company to be in-novative - to imagine, cre-ate, and embrace the new and the different, and to be disruptive in our own way,” said Rob Charter, Caterpillar Group President with responsibility for the Customer & Dealer Support (C&DS) division. “A huge opportunity for competitive advantage lies in the analyt-ics and innovation space, and we have a unique op-portunity to connect data from the broadest product line that cuts across mul-tiple industries. We can transform the mountains of incoming data — from a single machine or engine, an entire job site, the sup-ply chain, a shipping loca-tion and much more – into valuable information for our customers and suppli-ers more efficiently and ef-fectively than anyone else. As the Vice President of Re-man, Components & Work Tools (RCWT) since 2011, Greg has led the organiza-tion to adopt innovative technologies, making him the ideal choice for this new position.”

Since joining Caterpil-lar in 1995, Folley has held numerous positions including Senior Labour Relations Consultant, Hu-man Resources Manager, Corporate Labour Relations Manager, U.K. Hr Shared Services Director, Director of Compensation and Ben-efits and General Manager of the Specialty Products Business Unit of Motion and Power Control Division. In 2008, the Caterpillar Board of Directors named Folley Vice President of the Core Components Division, and in 2009, he was appointed vice president of the Human Services Division. He has a bachelor’s degree in eco-nomics and a Juris Doctor from the University of Notre Dame, and has completed

the Executive Program at Stanford University.New Responsibilities for Doug Hoerr

With Folley leading AI, Doug Hoerr will now be-come the vice president with responsibility for the RCWT Division, reporting to Charter. Hoerr is cur-rently the vice president of the Strategic Services Divi-sion (SSD).

“Doug’s more than two decades of experience ranging from accounting, to business manager in several Caterpillar groups to his work on strategic acquisitions and divesti-tures are a strong foun-dation for leading the di-verse RCWT group, which must closely collaborate with units across the company,” said Charter. “He has fantastic busi-ness acumen and, as the former Chief Financial Of-ficer (CFO) for the C&DS division, he comes to the table with deep expertise

of RCWT’s business.”Hoerr began his 21-year

career with Caterpillar in accounting. He held sever-al accounting and business analysis roles throughout the company, including senior leadership positions in Caterpillar’s engines business. He served as the senior business manager for Large Power Systems & Growth Markets, and in 2012, was named CFO for the C&DS group. Caterpil-lar’s Board of Directors ap-pointed him Vice President of SSD in 2014. Hoerr holds a bachelor’s degree in ac-counting from the Univer-sity of Illinois. He is also a certified public accountant.

The functions of SSD including the Strategic Planning, Economics, Busi-ness Risk Management, Revenue Management and Competitive Analysis groups, will be incorpo-rated into the Finance Ser-vices Division led by Vice President Mike DeWalt. DeWalt will continue to report to Caterpillar Group President and CFO Brad Halverson. The Strategic Investments department in SSD, which manages Cater-pillar’s Mergers & Acquisi-tions activities and is led by Derrick York, will also report to Halverson.

All changes were effec-tive as of May 1, 2015. b

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To better capitalize on the growing importance and excitement of data analytics and to drive inno-vation to support custom-ers, Caterpillar Inc. (NYSE: CAT) recently announced the formation of a new di-vision, Analytics & Innova-tion (AI), which will be led by Caterpillar Vice Presi-dent Greg Folley. The divi-sion will bring together the people and resources that will foster a culture with in-novation at the core, form a broad and connected an-alytics ecosystem and man-age strategic third party re-lationships with providers like Chicago, Illinois-based Uptake, a start-up with which the company recent-ly announced a technology and predictive analytics agreement.

Caterpillar will co-locate key employees with the Uptake team in Chicago to accelerate the work needed to create a platform that takes massive amounts of data, combines it with data science to understand pat-terns and quickly deploys information to save cus-tomers money, optimize performance and prevent unplanned downtime. The company is also placing re-sources in the Silicon Val-ley and has seeded money in a venture capital fund with the goal of investing in emerging technologies that could further enhance Caterpillar’s product and service development. All of these activities under the umbrella of the AI division will complement the inno-vative work that thousands

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CEDAR RAPIDS WASH PLANT - Double eagle screw,

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Caterpillar Announces New Analytics & Innovation Division

NexT AD DeADLINe:Aug. 14, 2015

To book your spot,Call Michelle Today!1-800-663-4802

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Sales ManagerWe have a position available for a Sales Manager - Construction & Forestry in our Forestry in our Forestry Edmonton location.

This position is responsible for the sales management of the construction and forestry wholegoods department.

The Sales Manager will be responsible for achieving sales growth and profitability of the department; managing and developing the sales staff; and assisting in managing branch account receivables.

The ideal candidate will have proven sales experience within the Construction and Forestry Industry in addition to heavy equipment knowledge and experience. The candidate will have significant management experience and the ability to develop sound, positive relationships with both internal and external clients.

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Brandt Tractor is the world’s largest privately held John Deere Construction and Forestry Equipment dealer and a Platinum member of the Canada’s Best Managed Companies Program.


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FORD F-250 4X4 REGULAR CAB

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supply post east august 2015

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