Komatsu Excavators at Demo Days 2019

Telematics system helps owners use equipment data for more cost-effective practices

Knowing where your machines are located and the number of hours on them are critical pieces of information when maintaining a fleet. Those capabilities were the original features of Komatsu’s remote monitoring KOMTRAX telematics system, which celebrates its 20th birthday in 2020. “After all of these years, those are still two important functions, although KOMTRAX has considerably more capabilities now,” said Steve Day, who served as Komatsu’s Director of Service in 2000, and was instrumental in the adoption and implementationRead More

Drone flying over excavator

Drone use: Benefits are overwhelmingly positive

Ninety-two percent of companies that use drones say the benefits of this innovation exceed the costs, according to the “State of Commercial Drone Use” report released by Blue Research, which contacted more than 1,700 medium and large businesses for its study. The findings noted that 10 percent of surveyed companies with revenues of more than $50 million currently use drones. For 88 percent of respondents that utilize the technology, return on investment was achieved in a year or less. AboutRead More

Man on mobile tablet

Embracing technology: expert advises a measured approach

During the past two decades, the development and acceptance of construction technology has made huge strides. GPS-based grade control is a perfect example. It has evolved from masts and cables on the outside of machines to integrated systems that can automatically raise and lower dozer blades. Today, companies are increasingly accessing information about their machinery via mobile platforms such as smartphones and tablets, using Wi-Fi or cellular networks. Construction companies that fail to embrace these new strategies may fall behindRead More

Tax Prep on desk

Investment Incentive: New tax law allows bonus depreciation on used equipment

Used equipment buyers are the recipients of expanded benefits with the passage of last year’s tax law, including the ability to combine Section 179 Expensing and first-year bonus depreciation. Previously, bonus depreciation was limited to new purchases only. Section 179 Expensing by itself can be significant, and generally companies use this deduction first. The Tax Cut and Jobs Act doubled the deduction limit to $1 million on qualifying equipment purchases, including previously owned machinery. It also raised the spending capRead More

Money stacked

Tax Law Spurs Optimism

[dropcap]T[/dropcap]ax reform took firm hold this year, affecting both individuals and businesses, including major changes for some in the construction industry as Congress passed and President Trump signed H.R. 1, The Tax Cut and Jobs Act, last December. This legislation, in most cases, increased take-home pay, lowered corporate tax rates and included provisions designed to increase expensing limits. The signature piece of the legislation may be a reduced corporate tax rate, which was slashed from 35 to 21 percent andRead More

Tech working on machine

BUILDING THE FUTURE: New service tech training program

When Ann Pollert watched members of the inaugural class for the Komatsu Diesel Technician Program at North Dakota State College of Science (NDSCS) walk across the stage to receive their diplomas, it was the culmination of 10 years of planning and an important step in helping the heavy equipment industry address its shrinking workforce. “This was a goal of ours for a while,” said Pollert, who is the Technician and Career Developer at General Equipment & Supplies, Inc., a KomatsuRead More