The value of new construction starts in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics. The decline followed three straight months of gains, which saw total construction activity rising 20 percent from the lackluster amount reported back in December. Highway and bridge construction in April…
Read MoreMonth: May 2017
Atlas Copco Opens South Carolina Facility
Atlas Copco celebrated the grand opening of its new production facility in Rock Hill, S.C., with a ribbon-cutting ceremony on May 17. The company built the $25 million facility to enhance its support for the North American construction market. The 197,000-sq.-ft., LEED-certified plant serves as the production and assembly facility for Atlas Copco’s North American Construction Technique division. Generators and portable…
Read MoreLuck Stone Acquires Land for Distribution Facility
CBRE|Hampton Roads announced the sale of adjoining properties in Chesapeake, Va., to Luck Stone Corp. and Allan Myers Corp. The seller, Higgerson-Buchanan, recently closed its business at 5300 Bainbridge Blvd. after 60 years of operation.
Read MoreNew Home Sales Slip in April After Strong Start to Year
Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for the first three months of the year were all upwardly revised,…
Read MoreCemex USA Recognized by Texas Parks & Wildlife
Cemex USA was recognized by the Texas Parks and Wildlife Department for its ongoing commitment to sustainability and land stewardship with the prestigious 2017 Lone Star Land Steward Award for the Trans Pecos Ecoregion.
Read MoreBaldor Tire Coupling Product Line
Baldor Electric Co. announced the expansion of the Raptor tire coupling product line, designed to deliver up to 5.9 times longer coupling life, to include sizes E100, E120 and E140, with a maximum torque rating of 340,340 in.-lb. The Raptor coupling utilizes patented WingLock technology, an optimized elastomeric element designed to provide longer driven equipment life and increased reliability. This…
Read MoreMSHA Announces Rule Extension
May 22, 2017 – The U.S. Department of Labor’s Mine Safety and Health Administration announced it is extending the effective date of the agency’s final rule on Examinations of Working Places in Metal and Nonmetal Mines until Oct. 2, 2017. This extension will allow additional time for MSHA to provide training and compliance assistance for its stakeholders. MSHA is developing a…
Read MoreIntertractor America Opens Wyoming Service Center
Intertractor America Corp. announced the opening of a new service center in Gillette, Wyo. The new 6,000-sq.-ft. facility provides a centralized location for customers in North Dakota, Wyoming, Montana, Idaho, eastern Utah and northern Colorado in need of undercarriage service for excavators, dozers and other tracked machines, particularly those used in mining applications. As a supplier of OEM and aftermarket…
Read MoreEagle Materials’ Concrete and Aggregates, Cement Revenues Spike
Eagle Materials Inc reported financial results for fiscal year 2017 and the fiscal fourth quarter ended March 31, 2017. Notable items for the fiscal year and quarter include:
Read MoreClaim Post Financial Offering to Benefit Seymoursville Project
Claim Post Resources Inc. announced that it intends to conduct a non-brokered private placement of unsecured convertible debentures for total gross proceeds of up to $3 million at a price of $1,000 and integral multiples thereof per Debenture, the company said.
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