paddy_m
22 days ago
Another note about fire trucks. There has been a large private equity roll up of fire truck manufacturers resulting in longer lead times and much higher prices. [1]
I was surprised when I specifically checked on Pierce that they are owned by Oshkosh and publicly traded. [2][3]
[1] https://www.nytimes.com/2025/02/17/us/fire-engines-shortage-...
mindcrime
22 days ago
It really is insane how much prices have increased. Now granted, I've been gone from the fire service for a while (20+ years now) but still. The last new engine I helped spec out back about 1999, cost less than $250,000. The one prior to that (about 1994) cost somewhere around $150,000 IIRC.
Now departments are, from the scuttlebutt I hear, routinely paying more than $1,000,000 for an engine. Of course there are differences (engines are not fungible) but broadly speaking, the idea of any normal fire engine costing more than $1,000,000 just leaves me gob-smacked. Even $500,000 would seem outlandish to me.
Also, yes, lead times have gotten nutty. I recall chatting with a battalion chief from Chapel Hill (NC) FD one day a couple of years ago, and he was telling me they had two new trucks on order (since delivered) that were going to wind up taking somewhere on the order of two years from order to delivery (I don't recall what the exact timeline wound up being, but I'm pretty sure it was not "earlier than expected").
I believe parts for repairs have been impacted in a similar fashion. No hard evidence on that point, but again, going from scuttlebutt and random conversations with friends who are still involved in the fire service.
bklyn11201
22 days ago
Do you think the custom-build approach predominant in the U.S. (where engines are designed to specific local needs) is a key factor behind the steep price hikes and lengthy lead times, as opposed to the more standardized, off-the-shelf models that seem common in Europe? Do you support the custom-build approach?
tbrownaw
22 days ago
Consolidation leading to long lead times sounds like an efficiency / queuing theory thing. The closer capacity gets to demand, the longer it takes for any slight bumps to work their way out of the backlog.
mindcrime
22 days ago
is a key factor behind the steep price hikes and lengthy lead times
I'm not sure I have an opinion on that. Again, I've been away from the fire service for a long time, and there's a lot of issues that I'm probably not fully up-to-date on.
Do you support the custom-build approach?
I have mixed feelings on that, and always have. On the one hand, I do believe that local needs vary a lot from place to place. For example, a rural farming community in Iowa probably genuinely needs things different from, say, San Francisco. But does each department really need to specify every little detail of how their truck is configured? I'm a big proponent of standardization and I sometimes think that people spec'ing fire trucks get too caught in believing "our case is special" when maybe it's not that special after all. So... uh, yeah. I hate to waffle, but it's hard to say for sure.
Symbiote
21 days ago
Judging by this article, in a country with fairly standard vehicles the lead time is at least 6 months. The price is lower though, £350,000. I saw recent prices from £250-650k while searching, depending what was purchased.
https://www.northantsfire.gov.uk/2022/05/17/new-engines-0522...
potato3732842
22 days ago
They're not "custom" they're "pick your product, pick how you want it outfitted from these dropdown menus"
kjkjadksj
21 days ago
Seems like when they buy a new engine now its never your bog standard diesel ladder truck. Its some hybrid or electric beast that looks like a hot wheels designer made it. I can’t imagine that is saving money over a simple diesel truck platform but I can understand why its worth paying that cost too as these old trucks are certainly unpleasant to anyone near them in noise, smell, or air quality.
basch
22 days ago
Inflation doubles every 30 years right? So 250k in 1999, is almost 500k in 2029. 500k shouldnt seem outlandish, if 250k wasnt.
(I believe 1999-2025 is ~92% so 250=480.)
mindcrime
22 days ago
Inflation doubles every 30 years right?
Is that the rule of thumb? I never knew. I guess you only really notice it big-time on large-ticket items that are purchased infrequently like fire trucks. Maybe a car or something, but I never buy brand new cars, so that's probably another reason I haven't been in tune with the degree of inflation.
basch
20 days ago
We can look and check. (The 70s throw it off a bit.) These are all 11 or 31 year periods.
1995-2005 $2.10
1965-1995 $4.84
1935-1965 $2.30
1985-2015 $2.20
1980-1990 $1.59
1970-1980 $2.12
1960-1970 $1.31
SR2Z
22 days ago
2.5% inflation over 30 years gets you that number.
Whether or not that's a good rule of thumb depends on how much you believe in putting economists and "neoliberals" in charge :)
Terr_
22 days ago
The historical-average may not be worth internalizing now, given current events.
Namely, a new Republican administration dropping chaos-bombs on the US economy and trying to seize direct control of the banking-infrastructure, which in turn would put Trump's little hands onto the levers for interest-rates.
Hojojo
22 days ago
Probably important to know what percentage that fire truck is of the overall fire department's budget. Has that budget increased with inflation at a comparable amount?
nickff
21 days ago
Much more in most areas; fire department employees are now the best-paid government employees in many (if not most) jurisdictions.
mrguyorama
21 days ago
65% of American Firefighters are volunteer.
Funding for Firefighters in the US is usually on the county level. The vast majority of counties in the US are poor as dirt, and can't pay for anything.
Don't ever use an "average" to look at the US. From education to sewers to courts to elections to the DMV to land zoning, the US is 50 different countries. They do wildly different things, have wildly different results, and generally are hard to compare.
Then add the Rural/Urban divide and things become even more bleak. Rural fire departments are usually partially or mostly volunteer forces.
So while Urban fire departments probably pay alright (ignoring that the job is "Run into that burning building and maybe die"), do not mistake that for "Firefighters (in general) get paid well"
nickff
21 days ago
I never used an average.
dylan604
22 days ago
okay, but the example given is that the new trucks are double the doubling.
vasco
22 days ago
> any normal fire engine costing more than $1,000,000 just leaves me gob-smacked. Even $500,000 would seem outlandish to me
No, they said 500k would also be outlandish. But the commenter correctly caught that 500k would in fact be exactly the same price, inflation adjusted. This makes a big difference.
HPsquared
22 days ago
Normal cars also cost somewhere around 4x as much since then. It's inflation.
schiffern
21 days ago
> There has been a large private equity roll up
How many times have we heard this story? How many times has it been a good outcome?Private equity is the "misaligned AI" we were warned about, only less powerful. If we can't even defeat private equity, what hope do we have?
We shouldn't be war-gaming how we can defeat malicious AI. A more enlightening and realistic scenario is to war-game how we can defeat PE armed with AI.
floatrock
22 days ago
jeez, from housing to red lobster to veternarians to handymen and HVAC businesses, now fire trucks. Is there anything left that private equity isn't consolidating and squeezing?
Eddy_Viscosity2
19 days ago
The old 'monopolize and screw' gambit of private equity. I've heard of the firms that specialize in identifying essential parts of military systems that have one or only a few possible manufacturers, then buying them up and increasing the price by several thousand percent (the DoD will buy them anyway). But this is the first I heard of the approach being applied for required municipal purchases. I guess nothing is safe.
cyral
22 days ago
Just saw a good video on this that was published a few days ago: https://www.youtube.com/watch?v=HvW-RtTRm8w