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Association News - November 2004

Reading Up on Construction

The Chicago-based Council on Tall Buildings and Urban Habitat has announced the availability of two books on tall building leaders and a guide.

"Engineering Architecture: The Vision of Fazlur R. Khan" (W.W. Norton & Co.) focuses on the legendary engineer's work with Chicago-based Skidmore, Owings & Merrill LLC, including the 110-story Sears Tower and 100-story John Hancock Center. Visit www.fazlurrkhan.com on the Internet for a description.

The 416-page book can be ordered at a bookstore or online at amazon.com.
The CTBUH-published "Catalyst for Skyscraper Revolution: Lynn S. Beedle - A Legend in His Lifetime" covers the founder of the organization. The book includes tributes, a list of publications and two papers, "High-Rise Habitat" and "The Reporter Calls."

The 210-page volume is available for $25 by calling Geri Kery of the CTBUH at 312-909-0253.

A 47-page guide has been published, "Emergency Evacuation: Elevator Systems Guideline." It is the result of a 14-month study by a 16-member CTBUH task force.

The guide is available for $23 in the U.S. and can be obtained by calling Kery.




Report: Equipment Leasing to Grow

Leasing of construction equipment is projected to grow eight to 10 percent in 2004 and 2005, a study says.

The same report says that lease financing is expected to reach $12.5 billion in 2004 and $13.5 billion in 2005. This compares to $11.4 billion in 2003 and $10.5 billion in 2002.

The projections are made in "Construction and Agricultural Equipment Leasing, 2004: U.S. Market Dynamics and Outlook." The Arlington, Va.-based Equipment Leasing Association and White Plains, N.Y.-based R.S. Carmichael & Co., a marketing research and management-consulting firm, issued the study.

Other key findings include the following:

  • Ticket sizes range between $25,000 and $5 million but mainly fall between $25,000 and $250,000 with average terms being three to five years.

  • Lease financing of construction equipment is most prevalent in earthmoving, road building and forestry.

  • Replacement demand of leased equipment is projected to sustain the construction market growth through 2004 and 2005.

    Organizations can purchase a copy of the study, which is $699 for members of the ELA and $999 for nonmembers, by calling 703-527-8655 or by visiting www.elaonline.com/elastore.



    MSOE Student Gets SIR Title

    Matthew Tadisch, a senior at the Milwaukee School of Engineering, has received the Skill, Integrity and Responsibility award.

    Tadisch, who is pursuing a double major in architectural engineering and construction management, will receive $2,000 from the Associated General
    Contractors of Greater Milwaukee, the award sponsor.

    He has interned as an assistant superintendent on the Lambeau Field redevelopment in Green Bay, Wis., and as a field engineer on the MSOE Kern Health Center.


    Usher to Lead CBHCC

    Andrew Usher, vice president of Brookfield-based Ideal Heating Co., was elected president of the Chicagoland Better Heating-Cooling Council.

    Other elected officers include First Vice President Don Howley, technical sales representative with Alsip-based Affiliated Steam Equipment Co.; Second Vice President John Stern, vice president of Bellwood-based Bert C. Young & Sons Corp.; and Secretary/Treasurer Kevin Bailey, vice president of Willowbrook-based Fluid/Air Products.

    David Milsk, president of Des Plaines Supply Inc., remains on the board as the council's past president.

    Elected to two-year terms on the group's board of directors were David Lintz, senior account representative with SG Supply Co. in Calumet Park; Tom Olson, service manager of Thermodyne Mechanical Service Inc. in Northbrook; William Riening, service manager of Independent Mechanical Industries in Chicago; and Tom Sullivan, president with Hillco Distributing Co. Inc. in Chicago.

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