APE APE November 2019 | Page 28

ASPHALT ANSWERS sure you don’t get caught up in the new and shiny toys. Take a step back and remember what got you where you are today and what will get you to the next step tomorrow. Evaluate what every machine offers versus what holds value to you. Remember, it’s all about total cost of ownership (TCO). When TCO is properly evaluated, your cost per ton tends to be within a manageable level. For example, if you are looking at a ma- chine with a high cost option such as grade control, your total cost of own- ership is affected more than let’s say a truck hitch. Grade control saves as- phalt and can be transferred to a new machine. A truck hitch, while a worth- while option, doesn’t make you money, but might save your time. As they say, value is in the eye of the beholder. Look at all options as a single purchase and evaluate whether it adds value to your operation, taking resale value into con- sideration. In many regions, there are programs such as gas taxes that are giving an influx of dollars municipalities must spend on infrastructure. Expand your offerings. In speaking with many contractors recently, many are looking at new asphalt avenues. In many regions, there are programs such as gas taxes that are giving an influx of dollars municipalities must spend on infrastructure. This should motivate the asphalt contractor to spend time with the county engineering staff to see what their upcoming projects are being considered. When you discover what the projects entail, I believe trends will emerge. These trends may point to you looking at new equipment investments such as patching machines, different size paving machines or even (gasp!) concrete equipment. If municipal work isn’t in your wheelhouse, what about site prep or even striping. This way, you can control the job from start to finish and be less reliant on subcontractors. Go with your gut. In the end, you must remember you have responsibilities to your employees and their families to provide work on a regular basis. There is a lot of new bells and whistles on the lots these days and we all have to work togeth- er to find the right solution for your com- pany. The pitfall we must avoid is trying to keep up with the guys down the road. We all have different goals and needs and to try to mirror what you think is going on is a recipe for disaster. Talk to your For More Information On This Advertiser Please Visit www.CallAPE.com/e-inquiry www.callape.com [28] 1.800.210.5923