Digging Deeper – July 2024

Financing Equipment

In today’s market, it’s important for a business owner to maximize their potential with wise financial choices to achieve growth. For many businesses, this growth may depend on equipment – upgrading outdated machines, replacing failing equipment, or acquiring cutting-edge equipment to propel operations forward. Equipment financing can be the best solution to support these investments.

Equipment represents a significant investment for many companies. That’s why, rather than tying up large amounts of cash to purchase needed equipment, small and large businesses often benefit from equipment financing. This route allows them to preserve cash, and obtain the necessary equipment needed for the job. There are many benefits to financing equipment. For newer business owners looking to build their fleet, financing equipment can help you establish business credit and help you build your long-term business. Many suppliers and insurance underwriters will evaluate your business credit score to decide whether to do business with you. Other benefits of financing can be having lower upfront costs, flexible terms and tax deductions. We all know that at the end of the year it is very nice to claim the maximum deductions in every box we can! Akkerman partners with several financing companies, click the link to check them out!

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25th Akkiversary | Todd Thompson

AKKiversary Date: July 1999

Current Position: Drafter

What did you do before Akkerman?
Drafter at Milltronics, a milling machine manufacturer.

What most interested you about Akkerman?
Location of southern Minnesota to get back to the area.

What additional positions have you held with Akkerman?
I have always been a drafter.

What do you like best about your position?
Get to work on many different things.

What do you like best about working for Akkerman?
Small Company and not having to drive through any towns to get to work.

What do you like to do in your free time?
Pete…

What do you like to do in your free time?
I ride to work every day on the motorcycle, I am on the Akkerman trap shooting team, and go to Mille Lacs Lake most weekends in the summer.

25 years is hard to believe; it has gone by so fast. That is what old people say. What does that mean?

Kirtland Air Force Base – Trunk Sewer Rehabilitation

Design Engineer: RMCI – Albuquerque, NM
Location: Albuquerque, NM
Ground Conditions: Existing 54-in & 72-in RCP- Deteriorated
Type of Installation: Sliplining – Large Diameter
Material: 48-in & 66-in FlowtiteTM FRP
Footage Installation: 565-LF (66in)/1313-LF (66in)/ 1224-LF (66in)/1842-LF (48in)
Equipment: Akkerman SLS-100 Sliplining System

Officials at Albuquerque Bernalillo County Water Utility Authority and Kirtland AFB required solutions to upgrade their deteriorated trunk sewer that was failing. RMCI, Inc. provided the project team with a solution with minimal surface disruption and maintained existing live flow conditions. With the Akkerman SLS-100 Sliplining System, RMCI crews were able to achieve 20-ft pipe installations every 5-6 minutes once the deteriorated host pipe was prepped for sliplining.

PREVENTATIVE MAINTENANCE STRATEGY TIPS

Every professional understands the value of selecting the right trenchless equipment to perform the job effectively. We’ve all heard the idiom, “You don’t bring a knife to a gun fight.” Nobody wants to start a difficult project with a huge disadvantage because they’re not prepared or don’t have enough resources. Project teams spent countless hours reviewing documents, estimating, and scheduling projects with the anticipation of safe, successful, and profitable results. While preventative maintenance of equipment is a seemingly straightforward concept, it can easily fall by the wayside and quickly derail profitability.

Properly maintained equipment makes equipment safer, optimizes performance, and boosts operator confidence. Below are some strategies to consider implementing into your Preventative Maintenance Strategy.