Photo courtesy of Ritchie Bros. Auctioneers This 1932 Caterpillar tractor, which sold for $55,950, helped usher in the diesel era. Related Links: Nearly 100 Antique Tractors To Cross Auction Block Obit: George E. Logue Sr. Bidders from around the world had the rare chance to pick through a large auction of vintage heavy equipment, including dozens of crawler tractors, graders and other machines, on April 10 in Trout Run, Pa."The turnout was huge," says Bob Logue, son of the late George E. Logue Sr., a contractor who spent much of his life piecing together the collection.Sales at the two-hour auction,
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.