With Gov. Tom Corbett’s (R-Pa.) signature on a comprehensive, five-year package, Pennsylvania has become the seventh state in 2013 where the governors and state legislators have come together to generate significant new revenues that will deliver important new transportation infrastructure improvements, the American Road & Transportation Builders Association (ARTBA) said.
Read MoreDay: December 3, 2013
EPA Fines Fisher Sand and Gravel for Dust Violations
The U.S. Department of Justice and the U.S. Environmental Protection Agency (EPA) have issued a civil penalty against Fisher Sand and Gravel of $150,000 for failing to comply with dust mitigation regulations at three of its Maricopa County, Ariz., facilities. In addition, the company is required to take steps to minimize the generation of dust at its Phoenix plant. “Our…
Read MoreConstruction Costs Rise for 22nd Straight Month
Construction costs in North America rose for the 22nd consecutive month in November as labor costs continued to increase, amid growing industry concern over the tight availability of skilled workers.
Read MorePCA Expects Increase in Cement Consumption
Growth in U.S. construction markets could be dampened by Congressional drama that erodes consumer confidence and hinders recovery, according to the latest forecast from the Portland Cement Association (PCA).
Read MoreDeere Reports Record Earnings
Deere and Co. announced record earnings of $3.54 billion after income rose 17 percent, and earnings per share rose 21 percent in the fourth quarter. And while construction equipment sales decreased 8 percent for the quarter and full year, the company expects construction equipment revenues to increase 10 percent in 2014.
Read MoreConstruction Spending Rises in October
The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2013 was estimated at a seasonally adjusted annual rate of $908.4 billion, 0.8 percent (±1.8 percent) above the September estimate of $901.2 billion. The October figure is 5.3 percent (±2.1 percent) above the October 2012 estimate of $863.1 billion.
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