August 22, 2024 • 30 mins
Hyundai HD is stepping up to fill a massive hole in the market with the debut of their first independently built track dozer, the HD 100, which uses advanced data aggregation to product reliability and robust customer support. Next, the HEP-cats cover NPK's infinitely rebuildable hammers and their new sponsor, Radio Shack! All this and more on this exciting thirty-first HEP-isode!
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome back to another exciting season two
episode of the Heavy EquipmentPodcasts.
We're going to go right into ittoday.
I am impressed with whatHyundai is doing in the heavy
equipment space.
Man, koreans are coming forthis space hard, in the same way
that they came after theautomotive market in the 90s.
They're putting billions andbillions of dollars into this
(00:23):
and, man, I think if you're nottaking Hyundai seriously right
now, you're in big trouble.
Speaker 2 (00:30):
Well, it woke me up.
I was back in Korea on furlough.
Speaker 1 (00:34):
You're sitting over there looking for Al and Alda
talking about they creamed thecorn.
Took a whole year to grow this.
Speaker 2 (00:41):
Hot lips hooligan over there, yeah, but no, here's
the thing.
Yeah, hyundai's really just.
I mean, they've realizedthere's a space in this market.
We need it right.
Hitachi's breaking away fromjohn deere.
They're severing a partnershipfrom decades.
Hyundai's realizing there's aspace available for them where
their space is going through themoon.
(01:03):
All of this is going to equateinto more jobs, better stock
values and, ultimately, betterproduct.
Speaker 1 (01:11):
Well and that's a good point, because you're
talking about better jobs theyare building these in the US.
That's my point.
Speaker 2 (01:17):
That's my point.
It's going to end up with morejobs and then the other thing
it's going to end up with isit's going to.
People are like, wow, there'stoo many dealers, there's too
many OEMs in North America.
There is not.
If you look at the rest of theglobal population of OEMs, north
America is one of the lowest inquantity because we shut most
(01:37):
people out and to a point thatthey have to partner with North
American brands, as it is, toget their products in here, and
you used to see a lot of thatpartnering going on.
So Hyundai now Hyundaiconstruction equipment used to
be a very small segment of theirbusiness platform.
It was part of, you know, theyhad the ship building going on
(01:58):
and they had the container stuffand they had trailers.
Hyundai trailers are huge.
People don't realize that whenyou drive down the road and
Hyundai's got the trailers.
It's massive.
So they have a huge followingfor their corporation globally,
but in North America they'regaining ground and there's a
total segment for them and theyneed to be there for it.
Speaker 1 (02:19):
Yeah, and I think it's worth pointing out that I
think a lot of the same peoplethat 20, 30 years ago were
saying, oh, I would never drivea Hyundai.
I've never heard of that.
You know, stuff like that it'sjust a rip off of other stuff.
Those people have probablyowned one or two Hyundais by now
, or at least have people thatthey know that own them.
They understand that the carsare good quality.
(02:40):
You know, I had a buddy of minethat has been a Tesla guy from
day one.
He had a Model S.
He actually had in Europe andPoland.
He actually had a taxi fleetthat was all Tesla.
So I mean he's had several ofthese things and he was recently
, quote unquote, stuck renting aHyundai EV, a Hyundai Ioniq 6.
And he's like floored by howgood they are.
(03:03):
So I can only imagine that thekind of quality that they're
putting into that product isleaking over into this because,
to your point, they are amassive conglomerate.
They build giant ship engines,they build like container ship
motors.
They're building containers,container trailers.
They've got, you know, hugeequipment handlers, a huge
(03:23):
equipment handling business,over in.
Most people have no idea.
Speaker 2 (03:29):
Most people have no idea how much of the industry
they actually influence globally.
They don't?
I mean, if you want to know, goon their website, go on Hyundai
.
Speaker 1 (03:39):
Yeah, not the automotive website, the
corporate website.
Speaker 2 (03:41):
No, the actual parent company website, the Hyundai
website.
Globally they're huge.
I was floored Years ago when Istarted looking into Hyundai.
I had a case representative.
They left case constructionequipment and went to Hyundai
because it was such a massivecompany and he said he goes, I
(04:02):
couldn't believe we would get onthese global meetings.
And it was just he goes.
I couldn't believe, you know,we would get on these global
meetings.
And it was just.
You know, department heads,huge quantities of people that
work at these companies onmanagement level, let alone all
the workers.
I mean I would like to knowwhat their tally is on North
American workers where they seethemselves in two to three years
because they employ an enormousamount of people globally.
Speaker 1 (04:23):
Yeah, they employ, as of 2021, 290,000 people and had
$318 billion in assets, andthat's only grown since then.
So that is just bananas.
It looks like they're trying toadd 75,000 new jobs in North
and South America.
The current tally is 313employees in 486 offices in 42
(04:49):
countries.
That's a lot of people, dude.
Speaker 2 (04:52):
The other thing is okay for people that don't know
the numbers.
How does that compare to Amazon?
Speaker 1 (04:58):
Amazon in North America, right Well, globally.
Speaker 2 (05:02):
That's my point.
Point people talk about amazonand amazon's this giant thing,
but globally hyundai is huge,amazon's twice as big.
I know, but that's my point isamazon and that's a good point.
Yeah, because like that's mypoint people don't realize that
when you compare it to amazon asthis global force of e-commerce
(05:22):
.
And and then here's Hyundai,this silent under the radar
person who people know.
If you're in the ship markets,like, well, you know, we get
ships from Hyundai.
If you're in the trailer market, you know and you think you're
the hunt family and you'rebuying all these trailers from
Hyundai.
The point is is, globallythey're massive and I like
talking about that stuff becausewe get pigeonholed in this
country into a little mailboxesis what I'm going to call it
(05:45):
these little mailboxes ofinformation that we have about
vendors where globally they'rehuge and people that we think
are huge in North America arenot globally.
Speaker 1 (05:54):
There's a lot more out there than North America and
I think it's really worthpointing out that, even though
North America will call thatNAFTA trade zone Mexico, us and
Canada that's the third biggestmarket out there, right?
You've got China on its own,southeast Asia, then us and then
you've got like Europe andOceania and all that.
(06:15):
There's quite a lag there.
And to your point aboutpartnering with other brands
historically speaking, if youwanted to do business in China
as an American company you're GM, you want to sell Buicks in
China you had to come in andpartner with a domestic.
And the criticism thatAmericans and people who are
aware of international tradepoint at China saying well, look
(06:38):
at how difficult they are, lookat how difficult they're making
it to do business in thatcountry.
Americans do the same thing.
We have a very protectionistpolicy.
That's the reason you go to allthese countries and they have
these cool vehicles like theToyota Hilux and small pickup
trucks, because we havesomething called the chicken tax
that makes it prohibitivelyexpensive for European or
(06:58):
Japanese automakers to bringsmall trucks to the US.
And now we're starting to seesimilar tariffs on Chinese
vehicles.
If you go to China right now,it's amazing how far ahead they
are because you can get for$15,000 or $20,000 an electric
vehicle that is as nice or nicerthan anything you would buy
from Tesla or from Ford or fromVW in the US today.
(07:21):
And sure, they have much lowersalaries lower salaries, much
lower pay but at the end of theday, that product is there, that
product exists and it's notallowed to be sold in the united
states because we have policiesthat protect our american
companies.
Speaking to all of that andHyundai's expertise and
Hyundai's massive footprint inglobal industry, I was surprised
(07:45):
to learn that they'd neverbuilt a bulldozer on their own
until a track dozer, until thisweek.
Speaker 2 (07:52):
It was always a partnered effort.
Speaker 1 (07:54):
Always HD Construction, so Hyundai
Construction Equipment isactually called HD Hyundai,
their first ever HD 100 dozer.
It's a 10-ton class machinepowered by 115 horsepower
four-cylinder Hyundai enginethat meets tier four final
emission standards.
This is their first ever trackdozer.
(08:15):
They're showing it off at justabout every show you can get to
and it seems to have all thefeatures right, which is what
you'd expect from a massiveglobal conglomerate.
With their first ever product,they're going to make this a
class leading object to try toget new business and new
customers in.
Speaker 2 (08:33):
First of all, dozers have been, you know, beat to
death in this country and thenglobally by a million different
people that have built a tracktype machine or a wheeled type
dozer or anything else.
So Hyundai has got a reallygood platform to go back and
look on, and I don't want to saycopying, but it's not what
they're going to do.
What they're doing is they'rejust learning from everything
(08:53):
that's been done and they'vebeen partnered in this before
with their Hyundai dealers.
At this day and age, what weneed out of a bulldozer has been
beat to death and any OEM thatcan provide that and can provide
a machine that has solid,uptime, good dealer support.
So when you do have an issuewith it which will happen they
can take care of it.
It will be successful.
(09:15):
That's all you need.
It needs to run and when itdoesn't run, it needs to be
fixed.
There's two parts to that.
There's a lot more behind thescenes for that.
Speaker 1 (09:26):
That's very simplified, but Hyundai can do
it because they already do itnow with everything else they
have going on Well, and I thinkthe other thing that they've
done and they've done a reallygreat job with this in the
automotive space and also in thetrailer space is their warranty
has always been second to noneMaybe not always, but certainly
since the 90s I mean, geez, lookat their automotive history.
Speaker 2 (09:43):
I mean they came out with the 10-year 100,000 mile
warranty and I mean I don't carewho you were, but people were
buying those cars because theycouldn't believe the warranty.
Speaker 1 (09:50):
They stuck on them yeah, and people thought the
warranty was going to bankruptthem and it just only made them
stronger, only made them strong.
Speaker 2 (09:56):
And the trailer market was the same way.
Their trailer warranties wereenormous and people were like I
don, I don't they.
Just the dealer said bring itback and they're working on it.
Yeah, because they understoodit doesn't do you any good,
sitting alongside the road orbroke down at a dealership
waiting on some part, and Icould be wrong on this and we
could get stats on it but theymanufacture most of the
(10:19):
components on their trailers andtheir shipbuilding.
Speaker 1 (10:23):
It's almost all theirs, it's all theirs.
They are what they callvertically integrated.
They make their own steel.
They're not even buying steelfrom someone else.
That's my point.
Speaker 2 (10:33):
Yeah, they're doing it across the globe and they're
putting it out there.
So what that does is, in thisday and age we talked about this
in the last episode as you havetechnology available and you
are using technology now, youcan aggregate data at an
alarming rate and if you own theprocesses of what you make
something out of, you can makechanges subtly and systemically
(10:57):
across your organization to makesure that you continue to
provide a good product.
We have to have that today,because the very first time
somebody's broke down in ashipping lane with a Hyundai
ship or takes out a bridge, it'sall over the internet.
And the worst part would be isif they found out it was because
of some massive failure thatthey knew about and that they
(11:20):
couldn't do anything about.
So the internet shrinks theworld up to a point where their
new dozer that's coming out, ora ship or a trailer on the road
everybody, within days, willhear what people want them to
hear.
Yeah, and they need to havethat solidarity to be able to
say here's a good product andwe're taking care of it.
(11:41):
Anything that comes up, we havea warranty for it and we'll
take care of it.
Speaker 1 (11:46):
I think it's worth pointing out that the internet
also brings out those unintendedconsequences that the engineers
never planned for.
Speaker 2 (11:54):
Oh, totally, they're like.
We didn't even think that waseven possible.
I mean, the guy had an arcflash inside of our trailer and
achieve 35,000 Kelvin.
We didn't even test for thatyet.
I mean, with their lab coats onspoken cigars going, it held up
pretty good.
We only peeled the vinyl rightoff the side of the house, but
(12:17):
that was about it.
Speaker 1 (12:18):
Turbo and cabulator.
That's the guy I picture,except he's Korean Turbo and
cabulator.
Speaker 2 (12:23):
That's the guy I picture except he's Korean Turbo
and cabulator.
North Americans do it tothemselves anyways, don't worry
about it, oh my God.
Speaker 1 (12:28):
Well, I was going to lead into that with the
Cybertruck.
I don't know if you saw this onTwitter, but apparently
raccoons keep trying to breakinto them because they can't
tell the difference between aCybertruck and a dumpster.
Speaker 2 (12:38):
I think it's a dumpster.
I think it's a dumpster, let metell you something when Elon
built that truck and he didn'tdesign it solely.
It's not always his fault.
Everything that we like to pinon him is not solely his fault.
It's his team's fault.
Now let me tell you, when youpark one of those and you spend
the time to parallel park itbecause it helps you do that,
and you get it put where itneeds to be and you leave it
there overnight and you're goingto your favorite concert and
(13:00):
then you go to the casino orwherever else you spend your
time, it's clearly you got moneyto blow because you bought a
Tesla cyber truck.
Then come back to reality andyou come out and then there's 20
raccoons all over that thinggoing.
They're trying to figure outhow to get in it because they
believe there's food in there,because you built a rolling
dumpster, my friend.
Speaker 1 (13:22):
It's the one.
Just put some Gro stickers onit, you'll be all set.
But I'm gonna walk that backbecause you know you made the
comment and I've heard thiscomment from a lot of people
like, well, you've obviously gotmoney to burn because you got a
cyber truck.
You know what I mean.
Have you priced you're?
Speaker 2 (13:34):
actually not that expensive.
They're not that bad.
Like have you priced an hd likea like a GMC?
Speaker 1 (13:39):
3500 crew cab 90 grand 100?
.
Speaker 2 (13:48):
I just saw a Ford with the King Ranch Edition 350
crew cab short bed, not theeight-foot bed,
six-and-a-half-foot bed, somaybe the standard bed they're
calling it today Because bedshave shortened over the years.
Yeah, it's the decline ofamerica.
98 500 sticker price on thatthing you used to be able to in
(14:12):
1995.
Okay, my family bought aninternational semi truck.
Now grant international is notyou know peter, bill or kenworth
or some crazy sticker price onthere, but a nice truck that was
had chrome and aluminum wheelsand all these things on it and
was set up to go over the roadfor 99.8.
(14:33):
Now granted people are likeyeah, that was 29 years ago, but
think about that no, but thinkabout that.
Speaker 1 (14:39):
But that's not, that's not a legitimate comment.
Because in in 2000 and let'ssay, 2007, 2008, right at the
height of that economic downturn, I bought and you know the
truck you've been in this truck.
I bought a ram 1500 wt v6,six-speed manual, vinyl leather.
(15:02):
I bought that truck for $11,000.
Exactly that truck today is 50grand.
Speaker 2 (15:10):
Yeah, we talked about this before.
I mean, gmc puts out a reallygood product.
The GMC Pro half ton it's 40something grand Standard cab
eight foot bed.
The three quarter ton GMC Prostandard cab eight foot bed with
a decent engine and Allisontransmission $51,000.
That's it and that's okay.
I mean, but that's where we'reat today.
Speaker 1 (15:30):
I'm going to challenge that.
That's not okay when you haveit used to be I don't mean it's
okay from a pricing point.
Speaker 2 (15:37):
I mean it's okay that everybody has the same pricing.
Speaker 1 (15:49):
It's okay that everybody has the same pricing.
I'm so.
Everybody has the same price,or ram or ford, do not, they're
not that far apart.
No, but let's talk about thisbecause it used to be that if
you were a young guy and youneeded a truck for work, you
could buy a relatively new truck, standard cab, nothing fancy
and have something that youcould hose it on.
You know, after a whole longweek of working.
You could hose it off Fridayand have something decent to go
out with on Saturday night andit would be a good looking,
sharp vehicle.
(16:10):
And you could do that on aworking man's blue collar salary
, especially as a young kid.
You could do that.
We talked about that before.
On another, episode.
Speaker 2 (16:18):
You can't do that anymore.
Can't go buy a half ton andtake your girlfriend out for a
night out.
Can't do it.
Speaker 1 (16:23):
No, when the average price of a new vehicle and let's
talk about a generation ago goback 30 years.
In 1994, the average price of anew truck was about half of
your annual salary, because Iused to sell trucks.
I was selling trucks in 97.
I was working at the Dodgestore and we were selling Ram
trucks and I would take people'scredit apps and it would be.
(16:45):
I make 30 grand a year.
I'm buying a new Dakota for 15grand and it was no problem.
Speaker 2 (16:51):
Yeah, and now somehow we've achieved one-to-one ratio
on anything that's got optionpackages on it.
Speaker 1 (16:56):
We've achieved a one-to-one ratio where it used
to be six months of a full-timejob would buy you a truck.
Ratio where it used to be, sixmonths of a full-time job would
buy you a truck.
Now it's a full year offull-time work to pay for a
truck and a house used to be ahouse, used to be two or three
years salary and now it's sevenor eight years salary.
Speaker 2 (17:12):
Yeah, this country is has to slow down with this.
Other parts of the world havecollapsed over crap like this.
We're not any different.
We're not any different.
Speaker 1 (17:22):
We're not any different and I believe that
when you sit there and you say,if you look at what a pickup
truck used to be, and theaverage pickup truck was an
eight foot or, I'm sorry, a sixfoot bed, regular cab with a
manual transmission and a sixcylinder, and now the average
pickup is a crew cab with powerwindows and locks, leather, six
foot bed and a V8 with anautomatic transmission, all
(17:45):
wheel drive, like something'sgone sideways and it's not
sustainable and either salary'sgot to come up, price has got to
come down, or both.
And again I'm always going tofall on the side of labor, I'm
always going to fall on the sideof the working man.
There is no reason that the CEOof Ford needs to make $30
million when the people who aremaking the vehicles that make
(18:06):
that kind of salary possiblehave to scrimp and save to get
groceries at Walmart.
That is offensive.
So why don't we get one ofthose hydraulic hammers you just
picked up and go hammer someexecutives into the ground?
Speaker 2 (18:17):
Well, we need to do that and I'm going to tell you,
NPK builds a product capable ofdoing it.
They're large hammer out there.
Actually, they build in NorthAmerica there.
They have a office here in Ohioand it's not the reason I
picked them.
It's one of the few that areleft in the country, Cause we
there's a ton of hammers thatare built overseas in Europe.
That's actually where some ofit originated from, in the
(18:38):
hydraulic hammer realm.
But NPK, Japanese company thathas a North American office.
They do fabrication in theUnited States.
They put people to work in theUnited States.
They have a rebuild center overthere.
They have one of the mostrebuildable hammers on the
market today, where everybodyhas shifted away from this.
They have built a product thathas replaceable sleeves.
(19:00):
You can have a firing mechanismwhich takes the charge when the
piston goes up into the hammerand cocks it like a gun and
releases the hydraulic pressureto throw the bit downward.
All of that is all engineered,co-engineered between North
America and Japan so thatglobally they can sustain a
product that they want to sendout.
(19:20):
But beyond that, theyunderstand their marketplace and
they understand how to buildsomething that is so simple to
work on and so simple to repairin the field.
It's scary.
I mean, you talk about uptime.
They have a massive product andthe other thing too is a lot of
people don't realize that theyhave huge hammers.
They have a 25 000 pound I'mrounding up, depending on what
(19:43):
hammer top hat kit you have onyour hammer and host situation
but 25 000 pound hammer thatgoes on a 240 000 pound class
excavator and they haveeverything from that down to a
mini excavator.
Speaker 1 (19:55):
So well, I think it's funny that you mentioned that
they have that, that this themarket is primarily driven in
europe because it started outthat way yeah, I think there's a
lot more, and I'm going to usea term that I made up, so I hope
it's accurate.
There seems to be a lot moreprecision demolition there,
because they have no, they haveno space.
(20:16):
They have no space, they haveno space.
So they will go in and they'llrip down a two-story brownstone
or whatever and put up afour-story one, and they'll do
it with buildings that areseparated from each other by
less than six feet, and they'lldo it without damaging or
otherwise scuffing up the otherbuildings.
Right, you're starting to seethat as America as a country
(20:38):
matures and our cities matureand we have an increased demand
for urban housing and walkablecities and things like that,
you're seeing more and more ofthat here.
Is that the kind of?
But you guys don't do that kindof work, that much, do you?
Speaker 2 (20:51):
No, we do, we do very .
The company that I work for wedo very precision demolition
inside of plants and facilities.
That is very dangerous,depending on what we're doing.
We're removal of foundations toput new foundations in, removal
of floor sections within anenvironment that's turned off
for the time that we're there.
We do a lot of very finite worklike that, very similar close
(21:15):
quarters to what you'd see inEurope, where, yes, you could go
into a large machine and blowthrough it, but because of where
we're working, it's morehandwork, it's more smaller
machines taking their time andyou have no room for error too,
because if you put all thiseffort in there and then it
messes up the plant, you know,then you have an issue with that
.
That's very similar to Europeas well, because we in Europe we
(21:38):
have a problem over there inthe industry where they have a
one lane road, one lane alleywaythat they're trying to, you
know, dig up, put a pipe in theground, put it back together and
they don't have room for a lotof stuff, and and then also
they're tying up an alleywaywhich is the only way to get
from wherever you're going andtry to access whatever's on that
alley, because it's a road.
(22:00):
So hydraulic hammers came aboutbecause, for a long time,
everything was pneumatic andthen you had to have an air
compressor and all the lines andall that stuff Rammer, who's
over in Germany, they build areally good product as well, and
then they've partnered up withOEMs, and NPK, though, has
stayed the course, where theyhave stayed on their own in a
sense, where, yes, they partnerwith dealership groups and, yes,
(22:22):
they work with OEMs, but theyhave a cool segment where
they're like look, we're notgoing to let people rebrand our
hammer, we're not going to dothis thing.
Where Caterpillar buys it andthey call it a cat hammer, or
John Deere buys it and they callit a deer hammer, it's an MPK
hammer.
It's bright orange.
Here it is, and the rebuildablepart of this and anybody that
(22:43):
wants to inquire about this youcan reach out to MPK North
America.
You can reach out to MPKwherever they are in the world
and you can look at this, andthey will explain to you how
that hammer is infinitelyrebuildable, as long as you do
not damage the parent bodiesthat hold the sleeves and the
ceiling surfaces and all that.
But because it's all replaceableparts, so you replace a bushing
(23:06):
or a sleeve for where your wearitem is.
And people have gotten awayfrom that in parts of the
industry, or they or theirrepair practices to sleeve the
hammer.
They do it up front and say,look, if you buy this hammer
from us, the body's going to befine until you wear it out.
And the main body of the hammerpower cell, which houses the
(23:26):
transition from hydraulic slashgas to an actual momentum force
driving into the concrete,that's rebuildable by that
nature because they've just wentin and put all the wear items
in it.
So anybody that hasn't checkedthem out or is looking at
hammers, they need to go checkthem out and I just recently
went through a whole course withthem on where they're at today
(23:46):
and it was impressive.
I've bought hammers fromeverywhere.
Speaker 1 (23:51):
Yeah, and that's cool because we talked in another
episode about having thatpartnership between the OEMs and
the dealers and ultimately downto the customer and how in
recent years they've just madeit harder and harder to get that
information to keep thingsrepaired, because they want you
you know, if Neil was on he'dstart talking about planned
(24:11):
obsolescence they want you tojust go out and buy that new
thing and lease that new one andjust keep you in that constant
loop of making payments, thisidea of building a serviceable
product that can be repaired andused year after year.
Speaker 2 (24:24):
It's from days far gone, days gone by.
Speaker 1 (24:26):
We don't have that anymore.
Speaker 2 (24:28):
The toaster that you bought in the fifties you could
repair.
There were manuals on how torepair.
You know, electric knives andtoasters and small toaster ovens
before the microwave toastersand small toaster ovens before
the microwave.
Speaker 1 (24:41):
You know, they told people how to build stuff.
Speaker 2 (24:42):
Nowadays, speaking of microwaves, I was so sad when I
was in your house the other dayand in your at your pop's house
the other day, and themicrowave was gone well, they
had had that thing since thebeginning of microwaves, and
then you would talk aboutsomething that that they had a
uranium core in it well, when weremoved it from the countertop,
we had noticed that it burnt ahole, the earth underneath of it
(25:05):
.
Speaker 1 (25:05):
So I think after many things that the monster comes
out of that was behind your oldman's microwave when the
remediation company was usinglead-filled concrete to back up
the hole.
Speaker 2 (25:16):
I'm sure we're.
I'm sure we're.
We were just safe aftereverything was done there in
fairness.
Speaker 1 (25:21):
That's why you're like this.
That's correct.
That was a piece man.
I had a flip down door.
You had to flip the door down Iremember I used to and it would
close.
It would be like chunk.
Speaker 2 (25:35):
You were encapsulating the uranium inside
of the core and then, when therods moved and it cooked your
food and then brought the rodsback in their lead cells,
everything was fine, yeah it.
Speaker 1 (25:46):
Just it wouldn't even open a fan.
It would just like a hatchwould open and expose your food
to the you know inanimate carbonrod Radar.
Close it, yeah.
Speaker 2 (25:55):
And the other thing too, was when we thought we got
hurt.
My mom put our hand in thereand she'd make sure we didn't
break a bone.
Honey, stand in front of themicrowave.
It's all good, looks fine itain't broke, he's good.
Speaker 1 (26:09):
You turn around, it's like that, like in the simpsons
, where he sits in front of thetv and the shadow is burned into
the wall.
You turn around, it's like cooldiagram diagram your body.
Speaker 2 (26:19):
That's how.
That's how they measured ourgrowth when we were kids.
I was gonna say that's how,instead of standing you up next
to the post.
Speaker 1 (26:25):
Standing in front of the microwave sears the shadow
into the wall.
He's getting tall.
Look how big.
Speaker 2 (26:32):
We tried to paint over that, that uh mark on the
wall for a long time and no,nothing sticks right through.
Speaker 1 (26:38):
It's like that haunted handprint, that alcatraz
, where the guy puts his hand onthe wall and says I'm innocent
and then just keeps coming back,no matter how many times they
paint it.
Speaker 2 (26:46):
That's great maybe they had those microwaves as
well.
There they were cooking food.
Back then they had some of thefirst ones prototypes from the
government, cooking ramen manI'm so glad.
Speaker 1 (26:57):
Every once in a while I'm sad that we don't have
sponsors, because I want moneyand I'll say anything for money,
and I don't even care becausemy ethics are for sale we picked
up a sponsor this week.
Speaker 2 (27:05):
What are you talking about radio shack?
They got us on board.
Speaker 4 (27:18):
Everyone needs answers.
Sometimes we are the placeAmerica goes For service to
please for expert advice.
There is one answer everyoneknows Everything.
They're looking for so muchmore than just a store the best
(27:39):
in America Radio Shack.
Nobody compares to Radio Shackand they people trust Products.
They know A service to count on.
There's one place to go thebest in America.
Speaker 1 (27:55):
Radio Shack.
But could you imagine if NPKwas the sponsor of this?
And they're like yes, they'retalking about the stuff, they're
talking about microwaves.
Speaker 2 (28:04):
What the there's gonna be that going on.
I'm telling you becausesomebody's gonna be going.
We got mentioned on a podcast,the heavy equipment podcast.
Let's look at how original thisis.
It's called the heavy equipmentpodcast.
They're talking about us.
Then they read through thescript and they're like
microwaves.
We don't put microwaves.
We gotta listen to this.
That's how you get listeners.
Speaker 1 (28:26):
That's how you get listeners and I think we've
peaked for that.
We were going to talk about pitohio.
We're going to talk about yourfleet audit and your ocean
sanity.
I think we'll we'll save thatfor the next one well, real
quick and lead into next one.
Speaker 2 (28:37):
We're going to be talking about Pitt Ohio and
their sustainable operationsthat are soon to be second to
none I mean, there's very fewcompanies out there that are
doing what they're going to bedoing and we're going to talk
about fleet auditing practicesin the next one, which is a good
point.
Speaker 1 (28:51):
I think we should just make that the whole show,
we should just make it a wholePitt Ohio fleet on an episode.
Speaker 2 (28:56):
Well, cause they go hand in hand.
And then and that's why I wassaying it like that, because,
yes, absolutely.
Speaker 1 (29:01):
All right, so tune in next week for more heavy
equipment podcast, includingPitt Ohio fleet audit and Mike's
third leg.
Yes, and now a word from JasonSanborn.
Speaker 3 (29:15):
Who says Jason Sanborn's a heftier coffee?
Gail Cogdell and Mrs GailCogdell.
John Mackey and Mrs John Mackeyso much heftier it's the
official NFL training tablecoffee.
Is that the long crap we usedto have?
That's the long crap we used tohave.
Speaker 1 (29:31):
Let's go my coffee.
Speaker 3 (29:32):
Back to the inside, All right.
Well, I'm going to read you ablock.
Start your husband off.
Welcome back to another exciting season two
episode of the Heavy EquipmentPodcasts.
We're going to go right into ittoday.
I am impressed with whatHyundai is doing in the heavy
equipment space.
Man, koreans are coming forthis space hard, in the same way
that they came after theautomotive market in the 90s.
They're putting billions andbillions of dollars into this
(00:23):
and, man, I think if you're nottaking Hyundai seriously right
now, you're in big trouble.
Speaker 2 (00:30):
Well, it woke me up.
I was back in Korea on furlough.
Speaker 1 (00:34):
You're sitting over there looking for Al and Alda
talking about they creamed thecorn.
Took a whole year to grow this.
Speaker 2 (00:41):
Hot lips hooligan over there, yeah, but no, here's
the thing.
Yeah, hyundai's really just.
I mean, they've realizedthere's a space in this market.
We need it right.
Hitachi's breaking away fromjohn deere.
They're severing a partnershipfrom decades.
Hyundai's realizing there's aspace available for them where
their space is going through themoon.
(01:03):
All of this is going to equateinto more jobs, better stock
values and, ultimately, betterproduct.
Speaker 1 (01:11):
Well and that's a good point, because you're
talking about better jobs theyare building these in the US.
That's my point.
Speaker 2 (01:17):
That's my point.
It's going to end up with morejobs and then the other thing
it's going to end up with isit's going to.
People are like, wow, there'stoo many dealers, there's too
many OEMs in North America.
There is not.
If you look at the rest of theglobal population of OEMs, north
America is one of the lowest inquantity because we shut most
(01:37):
people out and to a point thatthey have to partner with North
American brands, as it is, toget their products in here, and
you used to see a lot of thatpartnering going on.
So Hyundai now Hyundaiconstruction equipment used to
be a very small segment of theirbusiness platform.
It was part of, you know, theyhad the ship building going on
(01:58):
and they had the container stuffand they had trailers.
Hyundai trailers are huge.
People don't realize that whenyou drive down the road and
Hyundai's got the trailers.
It's massive.
So they have a huge followingfor their corporation globally,
but in North America they'regaining ground and there's a
total segment for them and theyneed to be there for it.
Speaker 1 (02:19):
Yeah, and I think it's worth pointing out that I
think a lot of the same peoplethat 20, 30 years ago were
saying, oh, I would never drivea Hyundai.
I've never heard of that.
You know, stuff like that it'sjust a rip off of other stuff.
Those people have probablyowned one or two Hyundais by now
, or at least have people thatthey know that own them.
They understand that the carsare good quality.
(02:40):
You know, I had a buddy of minethat has been a Tesla guy from
day one.
He had a Model S.
He actually had in Europe andPoland.
He actually had a taxi fleetthat was all Tesla.
So I mean he's had several ofthese things and he was recently
, quote unquote, stuck renting aHyundai EV, a Hyundai Ioniq 6.
And he's like floored by howgood they are.
(03:03):
So I can only imagine that thekind of quality that they're
putting into that product isleaking over into this because,
to your point, they are amassive conglomerate.
They build giant ship engines,they build like container ship
motors.
They're building containers,container trailers.
They've got, you know, hugeequipment handlers, a huge
(03:23):
equipment handling business,over in.
Most people have no idea.
Speaker 2 (03:29):
Most people have no idea how much of the industry
they actually influence globally.
They don't?
I mean, if you want to know, goon their website, go on Hyundai
.
Speaker 1 (03:39):
Yeah, not the automotive website, the
corporate website.
Speaker 2 (03:41):
No, the actual parent company website, the Hyundai
website.
Globally they're huge.
I was floored Years ago when Istarted looking into Hyundai.
I had a case representative.
They left case constructionequipment and went to Hyundai
because it was such a massivecompany and he said he goes, I
(04:02):
couldn't believe we would get onthese global meetings.
And it was just he goes.
I couldn't believe, you know,we would get on these global
meetings.
And it was just.
You know, department heads,huge quantities of people that
work at these companies onmanagement level, let alone all
the workers.
I mean I would like to knowwhat their tally is on North
American workers where they seethemselves in two to three years
because they employ an enormousamount of people globally.
Speaker 1 (04:23):
Yeah, they employ, as of 2021, 290,000 people and had
$318 billion in assets, andthat's only grown since then.
So that is just bananas.
It looks like they're trying toadd 75,000 new jobs in North
and South America.
The current tally is 313employees in 486 offices in 42
(04:49):
countries.
That's a lot of people, dude.
Speaker 2 (04:52):
The other thing is okay for people that don't know
the numbers.
How does that compare to Amazon?
Speaker 1 (04:58):
Amazon in North America, right Well, globally.
Speaker 2 (05:02):
That's my point.
Point people talk about amazonand amazon's this giant thing,
but globally hyundai is huge,amazon's twice as big.
I know, but that's my point isamazon and that's a good point.
Yeah, because like that's mypoint people don't realize that
when you compare it to amazon asthis global force of e-commerce
(05:22):
.
And and then here's Hyundai,this silent under the radar
person who people know.
If you're in the ship markets,like, well, you know, we get
ships from Hyundai.
If you're in the trailer market, you know and you think you're
the hunt family and you'rebuying all these trailers from
Hyundai.
The point is is, globallythey're massive and I like
talking about that stuff becausewe get pigeonholed in this
country into a little mailboxesis what I'm going to call it
(05:45):
these little mailboxes ofinformation that we have about
vendors where globally they'rehuge and people that we think
are huge in North America arenot globally.
Speaker 1 (05:54):
There's a lot more out there than North America and
I think it's really worthpointing out that, even though
North America will call thatNAFTA trade zone Mexico, us and
Canada that's the third biggestmarket out there, right?
You've got China on its own,southeast Asia, then us and then
you've got like Europe andOceania and all that.
(06:15):
There's quite a lag there.
And to your point aboutpartnering with other brands
historically speaking, if youwanted to do business in China
as an American company you're GM, you want to sell Buicks in
China you had to come in andpartner with a domestic.
And the criticism thatAmericans and people who are
aware of international tradepoint at China saying well, look
(06:38):
at how difficult they are, lookat how difficult they're making
it to do business in thatcountry.
Americans do the same thing.
We have a very protectionistpolicy.
That's the reason you go to allthese countries and they have
these cool vehicles like theToyota Hilux and small pickup
trucks, because we havesomething called the chicken tax
that makes it prohibitivelyexpensive for European or
(06:58):
Japanese automakers to bringsmall trucks to the US.
And now we're starting to seesimilar tariffs on Chinese
vehicles.
If you go to China right now,it's amazing how far ahead they
are because you can get for$15,000 or $20,000 an electric
vehicle that is as nice or nicerthan anything you would buy
from Tesla or from Ford or fromVW in the US today.
(07:21):
And sure, they have much lowersalaries lower salaries, much
lower pay but at the end of theday, that product is there, that
product exists and it's notallowed to be sold in the united
states because we have policiesthat protect our american
companies.
Speaking to all of that andHyundai's expertise and
Hyundai's massive footprint inglobal industry, I was surprised
(07:45):
to learn that they'd neverbuilt a bulldozer on their own
until a track dozer, until thisweek.
Speaker 2 (07:52):
It was always a partnered effort.
Speaker 1 (07:54):
Always HD Construction, so Hyundai
Construction Equipment isactually called HD Hyundai,
their first ever HD 100 dozer.
It's a 10-ton class machinepowered by 115 horsepower
four-cylinder Hyundai enginethat meets tier four final
emission standards.
This is their first ever trackdozer.
(08:15):
They're showing it off at justabout every show you can get to
and it seems to have all thefeatures right, which is what
you'd expect from a massiveglobal conglomerate.
With their first ever product,they're going to make this a
class leading object to try toget new business and new
customers in.
Speaker 2 (08:33):
First of all, dozers have been, you know, beat to
death in this country and thenglobally by a million different
people that have built a tracktype machine or a wheeled type
dozer or anything else.
So Hyundai has got a reallygood platform to go back and
look on, and I don't want to saycopying, but it's not what
they're going to do.
What they're doing is they'rejust learning from everything
(08:53):
that's been done and they'vebeen partnered in this before
with their Hyundai dealers.
At this day and age, what weneed out of a bulldozer has been
beat to death and any OEM thatcan provide that and can provide
a machine that has solid,uptime, good dealer support.
So when you do have an issuewith it which will happen they
can take care of it.
It will be successful.
(09:15):
That's all you need.
It needs to run and when itdoesn't run, it needs to be
fixed.
There's two parts to that.
There's a lot more behind thescenes for that.
Speaker 1 (09:26):
That's very simplified, but Hyundai can do
it because they already do itnow with everything else they
have going on Well, and I thinkthe other thing that they've
done and they've done a reallygreat job with this in the
automotive space and also in thetrailer space is their warranty
has always been second to noneMaybe not always, but certainly
since the 90s I mean, geez, lookat their automotive history.
Speaker 2 (09:43):
I mean they came out with the 10-year 100,000 mile
warranty and I mean I don't carewho you were, but people were
buying those cars because theycouldn't believe the warranty.
Speaker 1 (09:50):
They stuck on them yeah, and people thought the
warranty was going to bankruptthem and it just only made them
stronger, only made them strong.
Speaker 2 (09:56):
And the trailer market was the same way.
Their trailer warranties wereenormous and people were like I
don, I don't they.
Just the dealer said bring itback and they're working on it.
Yeah, because they understoodit doesn't do you any good,
sitting alongside the road orbroke down at a dealership
waiting on some part, and Icould be wrong on this and we
could get stats on it but theymanufacture most of the
(10:19):
components on their trailers andtheir shipbuilding.
Speaker 1 (10:23):
It's almost all theirs, it's all theirs.
They are what they callvertically integrated.
They make their own steel.
They're not even buying steelfrom someone else.
That's my point.
Speaker 2 (10:33):
Yeah, they're doing it across the globe and they're
putting it out there.
So what that does is, in thisday and age we talked about this
in the last episode as you havetechnology available and you
are using technology now, youcan aggregate data at an
alarming rate and if you own theprocesses of what you make
something out of, you can makechanges subtly and systemically
(10:57):
across your organization to makesure that you continue to
provide a good product.
We have to have that today,because the very first time
somebody's broke down in ashipping lane with a Hyundai
ship or takes out a bridge, it'sall over the internet.
And the worst part would be isif they found out it was because
of some massive failure thatthey knew about and that they
(11:20):
couldn't do anything about.
So the internet shrinks theworld up to a point where their
new dozer that's coming out, ora ship or a trailer on the road
everybody, within days, willhear what people want them to
hear.
Yeah, and they need to havethat solidarity to be able to
say here's a good product andwe're taking care of it.
(11:41):
Anything that comes up, we havea warranty for it and we'll
take care of it.
Speaker 1 (11:46):
I think it's worth pointing out that the internet
also brings out those unintendedconsequences that the engineers
never planned for.
Speaker 2 (11:54):
Oh, totally, they're like.
We didn't even think that waseven possible.
I mean, the guy had an arcflash inside of our trailer and
achieve 35,000 Kelvin.
We didn't even test for thatyet.
I mean, with their lab coats onspoken cigars going, it held up
pretty good.
We only peeled the vinyl rightoff the side of the house, but
(12:17):
that was about it.
Speaker 1 (12:18):
Turbo and cabulator.
That's the guy I picture,except he's Korean Turbo and
cabulator.
Speaker 2 (12:23):
That's the guy I picture except he's Korean Turbo
and cabulator.
North Americans do it tothemselves anyways, don't worry
about it, oh my God.
Speaker 1 (12:28):
Well, I was going to lead into that with the
Cybertruck.
I don't know if you saw this onTwitter, but apparently
raccoons keep trying to breakinto them because they can't
tell the difference between aCybertruck and a dumpster.
Speaker 2 (12:38):
I think it's a dumpster.
I think it's a dumpster, let metell you something when Elon
built that truck and he didn'tdesign it solely.
It's not always his fault.
Everything that we like to pinon him is not solely his fault.
It's his team's fault.
Now let me tell you, when youpark one of those and you spend
the time to parallel park itbecause it helps you do that,
and you get it put where itneeds to be and you leave it
there overnight and you're goingto your favorite concert and
(13:00):
then you go to the casino orwherever else you spend your
time, it's clearly you got moneyto blow because you bought a
Tesla cyber truck.
Then come back to reality andyou come out and then there's 20
raccoons all over that thinggoing.
They're trying to figure outhow to get in it because they
believe there's food in there,because you built a rolling
dumpster, my friend.
Speaker 1 (13:22):
It's the one.
Just put some Gro stickers onit, you'll be all set.
But I'm gonna walk that backbecause you know you made the
comment and I've heard thiscomment from a lot of people
like, well, you've obviously gotmoney to burn because you got a
cyber truck.
You know what I mean.
Have you priced you're?
Speaker 2 (13:34):
actually not that expensive.
They're not that bad.
Like have you priced an hd likea like a GMC?
Speaker 1 (13:39):
3500 crew cab 90 grand 100?
.
Speaker 2 (13:48):
I just saw a Ford with the King Ranch Edition 350
crew cab short bed, not theeight-foot bed,
six-and-a-half-foot bed, somaybe the standard bed they're
calling it today Because bedshave shortened over the years.
Yeah, it's the decline ofamerica.
98 500 sticker price on thatthing you used to be able to in
(14:12):
1995.
Okay, my family bought aninternational semi truck.
Now grant international is notyou know peter, bill or kenworth
or some crazy sticker price onthere, but a nice truck that was
had chrome and aluminum wheelsand all these things on it and
was set up to go over the roadfor 99.8.
(14:33):
Now granted people are likeyeah, that was 29 years ago, but
think about that no, but thinkabout that.
Speaker 1 (14:39):
But that's not, that's not a legitimate comment.
Because in in 2000 and let'ssay, 2007, 2008, right at the
height of that economic downturn, I bought and you know the
truck you've been in this truck.
I bought a ram 1500 wt v6,six-speed manual, vinyl leather.
(15:02):
I bought that truck for $11,000.
Exactly that truck today is 50grand.
Speaker 2 (15:10):
Yeah, we talked about this before.
I mean, gmc puts out a reallygood product.
The GMC Pro half ton it's 40something grand Standard cab
eight foot bed.
The three quarter ton GMC Prostandard cab eight foot bed with
a decent engine and Allisontransmission $51,000.
That's it and that's okay.
I mean, but that's where we'reat today.
Speaker 1 (15:30):
I'm going to challenge that.
That's not okay when you haveit used to be I don't mean it's
okay from a pricing point.
Speaker 2 (15:37):
I mean it's okay that everybody has the same pricing.
Speaker 1 (15:49):
It's okay that everybody has the same pricing.
I'm so.
Everybody has the same price,or ram or ford, do not, they're
not that far apart.
No, but let's talk about thisbecause it used to be that if
you were a young guy and youneeded a truck for work, you
could buy a relatively new truck, standard cab, nothing fancy
and have something that youcould hose it on.
You know, after a whole longweek of working.
You could hose it off Fridayand have something decent to go
out with on Saturday night andit would be a good looking,
sharp vehicle.
(16:10):
And you could do that on aworking man's blue collar salary
, especially as a young kid.
You could do that.
We talked about that before.
On another, episode.
Speaker 2 (16:18):
You can't do that anymore.
Can't go buy a half ton andtake your girlfriend out for a
night out.
Can't do it.
Speaker 1 (16:23):
No, when the average price of a new vehicle and let's
talk about a generation ago goback 30 years.
In 1994, the average price of anew truck was about half of
your annual salary, because Iused to sell trucks.
I was selling trucks in 97.
I was working at the Dodgestore and we were selling Ram
trucks and I would take people'scredit apps and it would be.
(16:45):
I make 30 grand a year.
I'm buying a new Dakota for 15grand and it was no problem.
Speaker 2 (16:51):
Yeah, and now somehow we've achieved one-to-one ratio
on anything that's got optionpackages on it.
Speaker 1 (16:56):
We've achieved a one-to-one ratio where it used
to be six months of a full-timejob would buy you a truck.
Ratio where it used to be, sixmonths of a full-time job would
buy you a truck.
Now it's a full year offull-time work to pay for a
truck and a house used to be ahouse, used to be two or three
years salary and now it's sevenor eight years salary.
Speaker 2 (17:12):
Yeah, this country is has to slow down with this.
Other parts of the world havecollapsed over crap like this.
We're not any different.
We're not any different.
Speaker 1 (17:22):
We're not any different and I believe that
when you sit there and you say,if you look at what a pickup
truck used to be, and theaverage pickup truck was an
eight foot or, I'm sorry, a sixfoot bed, regular cab with a
manual transmission and a sixcylinder, and now the average
pickup is a crew cab with powerwindows and locks, leather, six
foot bed and a V8 with anautomatic transmission, all
(17:45):
wheel drive, like something'sgone sideways and it's not
sustainable and either salary'sgot to come up, price has got to
come down, or both.
And again I'm always going tofall on the side of labor, I'm
always going to fall on the sideof the working man.
There is no reason that the CEOof Ford needs to make $30
million when the people who aremaking the vehicles that make
(18:06):
that kind of salary possiblehave to scrimp and save to get
groceries at Walmart.
That is offensive.
So why don't we get one ofthose hydraulic hammers you just
picked up and go hammer someexecutives into the ground?
Speaker 2 (18:17):
Well, we need to do that and I'm going to tell you,
NPK builds a product capable ofdoing it.
They're large hammer out there.
Actually, they build in NorthAmerica there.
They have a office here in Ohioand it's not the reason I
picked them.
It's one of the few that areleft in the country, Cause we
there's a ton of hammers thatare built overseas in Europe.
That's actually where some ofit originated from, in the
(18:38):
hydraulic hammer realm.
But NPK, Japanese company thathas a North American office.
They do fabrication in theUnited States.
They put people to work in theUnited States.
They have a rebuild center overthere.
They have one of the mostrebuildable hammers on the
market today, where everybodyhas shifted away from this.
They have built a product thathas replaceable sleeves.
(19:00):
You can have a firing mechanismwhich takes the charge when the
piston goes up into the hammerand cocks it like a gun and
releases the hydraulic pressureto throw the bit downward.
All of that is all engineered,co-engineered between North
America and Japan so thatglobally they can sustain a
product that they want to sendout.
(19:20):
But beyond that, theyunderstand their marketplace and
they understand how to buildsomething that is so simple to
work on and so simple to repairin the field.
It's scary.
I mean, you talk about uptime.
They have a massive product andthe other thing too is a lot of
people don't realize that theyhave huge hammers.
They have a 25 000 pound I'mrounding up, depending on what
(19:43):
hammer top hat kit you have onyour hammer and host situation
but 25 000 pound hammer thatgoes on a 240 000 pound class
excavator and they haveeverything from that down to a
mini excavator.
Speaker 1 (19:55):
So well, I think it's funny that you mentioned that
they have that, that this themarket is primarily driven in
europe because it started outthat way yeah, I think there's a
lot more, and I'm going to usea term that I made up, so I hope
it's accurate.
There seems to be a lot moreprecision demolition there,
because they have no, they haveno space.
(20:16):
They have no space, they haveno space.
So they will go in and they'llrip down a two-story brownstone
or whatever and put up afour-story one, and they'll do
it with buildings that areseparated from each other by
less than six feet, and they'lldo it without damaging or
otherwise scuffing up the otherbuildings.
Right, you're starting to seethat as America as a country
(20:38):
matures and our cities matureand we have an increased demand
for urban housing and walkablecities and things like that,
you're seeing more and more ofthat here.
Is that the kind of?
But you guys don't do that kindof work, that much, do you?
Speaker 2 (20:51):
No, we do, we do very .
The company that I work for wedo very precision demolition
inside of plants and facilities.
That is very dangerous,depending on what we're doing.
We're removal of foundations toput new foundations in, removal
of floor sections within anenvironment that's turned off
for the time that we're there.
We do a lot of very finite worklike that, very similar close
(21:15):
quarters to what you'd see inEurope, where, yes, you could go
into a large machine and blowthrough it, but because of where
we're working, it's morehandwork, it's more smaller
machines taking their time andyou have no room for error too,
because if you put all thiseffort in there and then it
messes up the plant, you know,then you have an issue with that
.
That's very similar to Europeas well, because we in Europe we
(21:38):
have a problem over there inthe industry where they have a
one lane road, one lane alleywaythat they're trying to, you
know, dig up, put a pipe in theground, put it back together and
they don't have room for a lotof stuff, and and then also
they're tying up an alleywaywhich is the only way to get
from wherever you're going andtry to access whatever's on that
alley, because it's a road.
(22:00):
So hydraulic hammers came aboutbecause, for a long time,
everything was pneumatic andthen you had to have an air
compressor and all the lines andall that stuff Rammer, who's
over in Germany, they build areally good product as well, and
then they've partnered up withOEMs, and NPK, though, has
stayed the course, where theyhave stayed on their own in a
sense, where, yes, they partnerwith dealership groups and, yes,
(22:22):
they work with OEMs, but theyhave a cool segment where
they're like look, we're notgoing to let people rebrand our
hammer, we're not going to dothis thing.
Where Caterpillar buys it andthey call it a cat hammer, or
John Deere buys it and they callit a deer hammer, it's an MPK
hammer.
It's bright orange.
Here it is, and the rebuildablepart of this and anybody that
(22:43):
wants to inquire about this youcan reach out to MPK North
America.
You can reach out to MPKwherever they are in the world
and you can look at this, andthey will explain to you how
that hammer is infinitelyrebuildable, as long as you do
not damage the parent bodiesthat hold the sleeves and the
ceiling surfaces and all that.
But because it's all replaceableparts, so you replace a bushing
(23:06):
or a sleeve for where your wearitem is.
And people have gotten awayfrom that in parts of the
industry, or they or theirrepair practices to sleeve the
hammer.
They do it up front and say,look, if you buy this hammer
from us, the body's going to befine until you wear it out.
And the main body of the hammerpower cell, which houses the
(23:26):
transition from hydraulic slashgas to an actual momentum force
driving into the concrete,that's rebuildable by that
nature because they've just wentin and put all the wear items
in it.
So anybody that hasn't checkedthem out or is looking at
hammers, they need to go checkthem out and I just recently
went through a whole course withthem on where they're at today
(23:46):
and it was impressive.
I've bought hammers fromeverywhere.
Speaker 1 (23:51):
Yeah, and that's cool because we talked in another
episode about having thatpartnership between the OEMs and
the dealers and ultimately downto the customer and how in
recent years they've just madeit harder and harder to get that
information to keep thingsrepaired, because they want you
you know, if Neil was on he'dstart talking about planned
(24:11):
obsolescence they want you tojust go out and buy that new
thing and lease that new one andjust keep you in that constant
loop of making payments, thisidea of building a serviceable
product that can be repaired andused year after year.
Speaker 2 (24:24):
It's from days far gone, days gone by.
Speaker 1 (24:26):
We don't have that anymore.
Speaker 2 (24:28):
The toaster that you bought in the fifties you could
repair.
There were manuals on how torepair.
You know, electric knives andtoasters and small toaster ovens
before the microwave toastersand small toaster ovens before
the microwave.
Speaker 1 (24:41):
You know, they told people how to build stuff.
Speaker 2 (24:42):
Nowadays, speaking of microwaves, I was so sad when I
was in your house the other dayand in your at your pop's house
the other day, and themicrowave was gone well, they
had had that thing since thebeginning of microwaves, and
then you would talk aboutsomething that that they had a
uranium core in it well, when weremoved it from the countertop,
we had noticed that it burnt ahole, the earth underneath of it
(25:05):
.
Speaker 1 (25:05):
So I think after many things that the monster comes
out of that was behind your oldman's microwave when the
remediation company was usinglead-filled concrete to back up
the hole.
Speaker 2 (25:16):
I'm sure we're.
I'm sure we're.
We were just safe aftereverything was done there in
fairness.
Speaker 1 (25:21):
That's why you're like this.
That's correct.
That was a piece man.
I had a flip down door.
You had to flip the door down Iremember I used to and it would
close.
It would be like chunk.
Speaker 2 (25:35):
You were encapsulating the uranium inside
of the core and then, when therods moved and it cooked your
food and then brought the rodsback in their lead cells,
everything was fine, yeah it.
Speaker 1 (25:46):
Just it wouldn't even open a fan.
It would just like a hatchwould open and expose your food
to the you know inanimate carbonrod Radar.
Close it, yeah.
Speaker 2 (25:55):
And the other thing too, was when we thought we got
hurt.
My mom put our hand in thereand she'd make sure we didn't
break a bone.
Honey, stand in front of themicrowave.
It's all good, looks fine itain't broke, he's good.
Speaker 1 (26:09):
You turn around, it's like that, like in the simpsons
, where he sits in front of thetv and the shadow is burned into
the wall.
You turn around, it's like cooldiagram diagram your body.
Speaker 2 (26:19):
That's how.
That's how they measured ourgrowth when we were kids.
I was gonna say that's how,instead of standing you up next
to the post.
Speaker 1 (26:25):
Standing in front of the microwave sears the shadow
into the wall.
He's getting tall.
Look how big.
Speaker 2 (26:32):
We tried to paint over that, that uh mark on the
wall for a long time and no,nothing sticks right through.
Speaker 1 (26:38):
It's like that haunted handprint, that alcatraz
, where the guy puts his hand onthe wall and says I'm innocent
and then just keeps coming back,no matter how many times they
paint it.
Speaker 2 (26:46):
That's great maybe they had those microwaves as
well.
There they were cooking food.
Back then they had some of thefirst ones prototypes from the
government, cooking ramen manI'm so glad.
Speaker 1 (26:57):
Every once in a while I'm sad that we don't have
sponsors, because I want moneyand I'll say anything for money,
and I don't even care becausemy ethics are for sale we picked
up a sponsor this week.
Speaker 2 (27:05):
What are you talking about radio shack?
They got us on board.
Speaker 4 (27:18):
Everyone needs answers.
Sometimes we are the placeAmerica goes For service to
please for expert advice.
There is one answer everyoneknows Everything.
They're looking for so muchmore than just a store the best
(27:39):
in America Radio Shack.
Nobody compares to Radio Shackand they people trust Products.
They know A service to count on.
There's one place to go thebest in America.
Speaker 1 (27:55):
Radio Shack.
But could you imagine if NPKwas the sponsor of this?
And they're like yes, they'retalking about the stuff, they're
talking about microwaves.
Speaker 2 (28:04):
What the there's gonna be that going on.
I'm telling you becausesomebody's gonna be going.
We got mentioned on a podcast,the heavy equipment podcast.
Let's look at how original thisis.
It's called the heavy equipmentpodcast.
They're talking about us.
Then they read through thescript and they're like
microwaves.
We don't put microwaves.
We gotta listen to this.
That's how you get listeners.
Speaker 1 (28:26):
That's how you get listeners and I think we've
peaked for that.
We were going to talk about pitohio.
We're going to talk about yourfleet audit and your ocean
sanity.
I think we'll we'll save thatfor the next one well, real
quick and lead into next one.
Speaker 2 (28:37):
We're going to be talking about Pitt Ohio and
their sustainable operationsthat are soon to be second to
none I mean, there's very fewcompanies out there that are
doing what they're going to bedoing and we're going to talk
about fleet auditing practicesin the next one, which is a good
point.
Speaker 1 (28:51):
I think we should just make that the whole show,
we should just make it a wholePitt Ohio fleet on an episode.
Speaker 2 (28:56):
Well, cause they go hand in hand.
And then and that's why I wassaying it like that, because,
yes, absolutely.
Speaker 1 (29:01):
All right, so tune in next week for more heavy
equipment podcast, includingPitt Ohio fleet audit and Mike's
third leg.
Yes, and now a word from JasonSanborn.
Speaker 3 (29:15):
Who says Jason Sanborn's a heftier coffee?
Gail Cogdell and Mrs GailCogdell.
John Mackey and Mrs John Mackeyso much heftier it's the
official NFL training tablecoffee.
Is that the long crap we usedto have?
That's the long crap we used tohave.
Speaker 1 (29:31):
Let's go my coffee.
Speaker 3 (29:32):
Back to the inside, All right.
Well, I'm going to read you ablock.
Start your husband off.
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