Announcement: Premium Content sections will only be available to subscribers as of June 1, 2013. If you are a subscriber please register for the site. Once you register for the site use the Change My Status link from the Premium Content menu to make sure we get your user status correct. If you are not a subscriber, you can become a subscriber for just $29 per year!
Firms Join Forces to Address Market Need
/ 0
- Details
- Created on Tuesday, 06 April 2010 10:07
- Written by Press Room
Two Montana businesses have joined forces to offer a solution to a growing infrastructure problem for many communities.
Municipalities and counties across the country are faced with antiquated, unsound rural bridges scattered throughout their jurisdictions, often in relatively remote locations. It’s not uncommon for a rural bridge to have been in place for fifty years or more. Yet the looming cost for a small rural county to replace a bridge, when tax revenue is down and finances are tight, can be prohibitive when considering its replacement.
Roscoe Bridge, a Missoula division of Roscoe Steel Inc. and Stillwater Leasing Company LLC of Billings have formed a unique alliance. Combining Roscoe’s innovative bridge technology with Stillwater’s municipal funding capabilities enables counties across the Midwest to quickly and affordably replace dangerous or damaged bridges.
Roscoe Bridges are pre-engineered bridges that provide low design costs, incorporating design standards that are used over and over again. They are pre-fabricated bridges that employ full bolt-together field installation that eliminate welding in the field and provides a municipality with a bridge that installs in hours rather weeks.
“Our revolutionary bridge project, comined with Stillwater’s ability to provide a funding vehicle, allows county commissioners to address this important safety issue without increasing taxes or issuing new bonds,” said Steve Patrick, Vice President and General Manager of Roscoe Bridge.
The marketing strategy provides a solution for counties that may have been postponing bridge replacement due to cost concerns. Given the number of rural bridges that qualify in Montana alone, Patrick anticipates that demand may even exceed production capacity.
Stillwater leasing provides commercial and municipal equipment lease financing throughout North America. Jeff Walters is Stillwater’s Chief Operating Officer.
