McLanahan Corp. announced that effective August 11, 2014, Mark Krause has joined the company as general manager of the Aggregate Processing Division.
Read MoreDay: August 11, 2014
Dodge Momentum Index Loses Ground in July
The Dodge Momentum Index erased the gains made over the last two months, falling 4.4 percent in July to 121.4 (2000=100). This marks the Index’s first decline in four months, 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,…
Read MoreMine Rescue Contest to be Held in Kentucky
Kentucky Crushed Stone Association and Carmeuse Lime & Stone are two of the hosts for this year’s competition. Find out what teams have to do to win. Read more.
Read MoreHousing Markets Still Heating Up
Markets in 56 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI). This represents a year-over-year net gain of seven markets. The index’s nationwide score moved up slightly to .89, meaning that based on current permit,…
Read MoreVirginia Aggregate Producers Receive Awards
The Virginia Transportation and Construction Alliance (VTCA), in conjunction with the Virginia Department of Mines, Minerals and Energy – Division of Mineral Mining, presented the following awards on July 12. Safety Awards are presented to mining operations in Virginia that have met or exceeded a benchmark of safety criteria in their day-to day plant operations. Congratulations to these recipients of…
Read MoreAggregates Revenue Increases at U.S. Concrete
U.S. Concrete Inc. reported adjusted EBITDA of $22.2 million in the second quarter of 2014, compared to $16.7 million in the second quarter of 2013. Adjusted EBITDA margin, which is adjusted EBITDA as a percentage of revenue, was 12.3 percent for the second quarter of 2014, compared to 10.6 percent in the second quarter of 2013. Net income was $7.9…
Read MoreChevron Releases Biodegradable Oil Line
Chevron Products Co. unveiled its new line of Clarity Synthetic EA Hydraulic and Gear Oils for the marine industry and other applications where leaks or accidental discharge are a concern. These products meet the new EPA Vessel General Permit (VGP) requirements for environmentally acceptable lubricants (EALs).Clarity Synthetic EA Hydraulic and Gear Oils are designed to give maximum protection and provide good…
Read MoreA 10-Month Band-Aid
August 11, 2014 – President Obama has signed a $10.8 billion measure that will fund highway and bridge repairs for the next 10 months. The short-term measure, approved by lawmakers last month, is paid for using a budgeting maneuver called pension smoothing, which allows corporations to reduce their contributions to employee retirement plans. By allowing companies to do so, the…
Read MoreMcLanahan Reaches Safety Milestone
McLanahan Corp. believes that safety is not just a set of rules and regulations to be followed, but is a promise that the corporation makes to its employees. Holding safety as a core value to the business made McLanahan’s management and employees alike proud when on July 3, 2014, the company achieved one million man hours without a lost work time…
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