Aaron Traffas: Hello and welcome to Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting a retirement auction for LaForge Construction in Parsons, Kan., that will close on October 2. I going to speak this morning with Kenny LaForge about this retirement auction. Good morning, Mr. LaForge, and thanks for joining me.
Kenny LaForge: Good morning, thank you.
AT: We spoke in February of last year about the Interstate Electrical Construction auction we conducted for you in March of 2013. At that time, you were liquidating Interstate Electrical and going to focus on LaForge Construction. For anyone who didn’t get to hear our last conversation, tell me about LaForge Construction.
KL: LaForge Construction was started in 1990. It was kind of an off shoot of Interstate Electrical. It was founded more with an emphasis on diversification in southeast Kansas, which is a bit rural. In effort to make a living we decided to couple it up with another company and that got us started. We started real small – just a couple of people on that side and all through the next 24 years it grew. It’s still a small company but we could do a lot of different types of work and that’s what we did.
Why have you now decided to retire?
Well, it’s pretty simple. It’s kind of a long range plan, if I may. We closed the electrical business down in March of 2013. I turned 61 this year. My wife’s retired. It’s just time to do something else. I’ve been plugging along for almost 40 years in this construction business and I really thought that was long enough.
Tell me about your experience with the Interstate Electrical auction. You must of had a positive experience with Purple Wave for you to select us again to handle your retirement.
It was pretty neat. They did a good job. It’s kind of simple. I looked around initially at which way to go and didn’t have many reservations about Purple Wave but, obviously, the unknown kind of does creep in, but they did a great job top to bottom. We organized fairly well. It went well. They did a good job and when it came to decide how to do this auction it was pretty much a no-brainer for me.
Well let’s talk about the auction. I see, right now as we speak, over 200 items listed already at purplewave.com. Tell me about the different types of equipment that we’re selling in this event and give me some details on a couple of the marquee items.
Well, like I said, we did water and sewer line work – rural water, city water, a lot of sewer work, pump stations – so we had a pretty broad range of equipment and tools. We did a lot of directional drilling. We’ve got three directional drills – one being a rock machine. They’re well maintained. They’ve been barned an awful lot. They’ve been used but they’re in very good shape. Plus there’s lots of tooling that comes with those of all sizes and types, rock and dirt both, so that’s a nice couple of items. We’ve got a wide assortment of backhoes, rubber tire, plus track machines in the mini size up to 320 in the CAT version. We’ve got probably eight or ten trucks – three or four nice one-ton duallys – diesel – that are set up with compressors, welders – toolboxed up real solid – pintle hitches – just good trucks.
Tell me about the condition of the equipment. Has it all been well-maintained?
Yeah, we’ve done a pretty solid job taking care of things. We sure spent a lot of money on stuff so we must of done something right. They’re used machines, for the most part, but several of them were bought new – some bought used. We used them everyday, and they had to be running, so we took good care of them and the guys took some pride in that. They did a good job keeping things rolling and keeping things running, so that was important to me.
Tell me about the auction location. Where is everything located? Is it all in one place?
Yes, it’s all in our yard in Parsons on South 59 Highway. A lot of the tools and small items – jumping jacks, etc…are in a barn that’s lit – concrete floor on pallets. It can be viewed about anytime. We’ve got a couple open house dates I think you’ll probably mention in a minute, but yeah, it’s all in our yard sitting behind locked gates with security so we’re in good shape and ready to go.
Well the open inspections are scheduled on September 26 and September 29 from 8 to 4 on both days. In the event that that doesn’t work for somebody to come and take a look at the items you’re selling, what’s a good way to get a hold of you to schedule an inspection of some kind?
Just call our office number, 620.421.0420. Ask for Kenny or Bob and one of us will be around to show anybody about anything – run it, roll it, whatever they want to see done with it. We’re not real busy now with things kind of winding down so we’ll be happy to – if someone’s schedule needs to jump in a little quicker than the what the open house dates are that’s fine with us.
For a buyer who has made payment to Purple Wave and has invoice in hand, what’s the process for coming and picking up the purchases and will you have some kind of load out assistance available?
Yes, we will. We’ve got a forklift. We’ll have several items that have different fork mechanisms. We can help load up anybody with about anything we have here. We have a large loader with forks – small forks. That won’t be a problem. We have a loading dock where all the tools are, so if someone comes with a flatbed dump truck, two ton truck – some type, we can take it right into the back of a truck easily and off they go, so that will not be a problem at all.
Do you prefer buyers make contact with you before heading your direction?
It ought to be convenient for both of us probably to make sure they don’t catch us both gone for some reason. It’s not absolutely necessary, but it’s certainly preferred.
What kind of time frame are you looking at for everything to be removed?
I would think within a couple weeks is good. We also have a few things here miscellaneous types that we didn’t sell or couldn’t sell. Up to a couple three weeks we’re going to be okay, but I don’t want to string it out much past late October, which I think that will be pretty good for most folks.
Kenny, what are you looking forward to doing after retirement?
You know, that’s a good question. My wife has retired so we’ll travel like most people – get out of town a little bit. We have some spots we’d like to visit in different parts of the country, so no big agenda yet – quit answering the phone so much and do whatever I want when I want. Nothing large is waiting for me so we’ll see how things go.
Well, Kenny, is there anything else you’d like to say about this auction?
No. We’re happy to be here. We’re happy to have Purple Wave. It’s a nice union, so to speak. We’re looking forward to things wrapping up in two to three weeks and unloading things and loading people up and send them on down the road.
I’ve been speaking with Kenny LaForge about his retirement auction for LaForge Construction. Thanks again, Mr. LaForge, for joining me this morning.
Thank you. I appreciate your time.
Bidding for the LaForge Construction retirement auction is open now and will close on Thursday, October 2, beginning at 10 a.m. central. If you have questions about the assets listed, or you’re interested in taking a look at the equipment before placing a bid, attend one of the open inspection periods from 8 to 4 on September 26 or 29. To schedule an inspection outside of those days, call Kenny or Bob at the office at 620.421.0420.
Like all Purple Wave auctions, there are no reserves or minimum bids. Items receiving bids in the last few minutes will be automatically extended to give everyone a fair chance to bid. There’s no advantage to waiting, so view the complete inventory listing – and place your bids now – at purplewave.com.