Holcim and Lafarge announced their intention to combine the two companies through a merger of equals, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.
Read MoreDay: April 7, 2014
Lehigh Hanson Ranks on InformationWeek Elite 100
Lehigh Hanson Inc. is ranked 43rd on this year’s InformationWeek Elite 100 – a list of the top business technology innovators in the U.S. Lehigh Hanson also ranked as the top company in the construction and engineering industry.
Read MoreNAHB Index Shows Recovery Spreading
Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity, according to the recently released National Association of Home Builders/First American Leading Markets Index (LMI). This represents a net gain of 11 metros year over year.
Read MoreConstruction Gains Jobs in March
The U.S. construction industry gained 19,000 jobs in March and the construction unemployment rate fell to 11.3 percent (non-seasonally adjusted), according to the April 4 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments added 6,700 jobs in March, a marked improvement from the 2,800 jobs (revised) added in February. The improvement led the construction unemployment rate…
Read MoreMichelin Engineer Recognized for Tire Technology
Dr. Tim Rhyne, a senior research fellow with Michelin Americas Research and Development Corp., was selected as a 2014 Top 25 Newsmaker recipient by Engineering News-Record, receiving the award at a ceremony held at the Marriott Marquis in New York City on April 3.
Read MoreDodge Momentum Index Slips in March
The Dodge Momentum Index retreated 0.8 percent in March compared to February, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreMetso Establishes Joint Venture
Metso Minerals has entered into a 50-50 joint venture with LiuGong that will be headquartered in Shanghai. LiuGong-Metso will combine Metso’s know-how in track-mounted crushing, screening and technology with LiuGong’s extensive distribution and manufacturing resources in China. LiuGong-Metso will design and manufacture localized versions of Metso’s Lokotrack mobile crushers and screens under dual branding: LiuGong Metso. The joint venture will…
Read MoreRyan Budget Proposal Advocates Cuts
Rep. Paul Ryan’s just-released budget would limit expenditures from the Highway Trust Fund to the dwindling revenues generated by the federal gasoline tax, but give states increased flexibility to pay for their highway projects, perhaps through keeping and spending the gas taxes collected in their state instead of sending them to Washington. The plan amounts to a decentralization of transportation…
Read MoreMain Tells NSSGA ‘We Owe Miners a Safe Workplace’
Joseph A. Main, assistant secretary of labor for Mine Safety and Health, addressed members of the National Stone, Sand and Gravel Association (NSSGA) at its convention March 5 in Las Vegas. Main covered a variety of topics, and noted that “the actions taken by MSHA and the mining community to improve mine safety and health” have put the industry “on…
Read More4th Circuit Lacks Jurisdiction In Discrimination Reinstatement Case
The U.S. Circuit Court of Appeals for the 4th Circuit lacks jurisdiction to act upon a mining company’s appeal of a Review Commission decision upholding the temporary reinstatement of a miner.
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