Cemex, S.A.B. de C.V. announced that consolidated net sales reached $3.5 billion during the third quarter of 2017, representing an increase of 2 percent, or an increase of 1 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016. Operating EBITDA decreased by 8 percent during the quarter to $702 million versus the same…
Read MoreMonth: October 2017
Summit Materials Sees Double-Digit Increases in Third Quarter
Summit Materials Inc. announced results for the third quarter 2017. Operating income increased by 28.8 percent to $113.9 million in the third quarter 2017, versus $88.4 million in the prior year period. For the three months ended Sept. 30, 2017, the company reported diluted net income per share of $0.72 on net income of $79.1 million, compared to diluted earnings…
Read MoreConveyor Components Rip Detector for Use in Quarries
The Model DB belt rip detector, manufactured by Conveyor Components Co., is a mine-duty and quarry-duty belt rip detector, which operates on a simple cable pull concept. When a belt flap or tear, or a foreign obstruction such as a wrench or screwdriver or piece of rebar has pierced a conveyor belt, the cable releases the activation ball from its…
Read MoreConstruction Jobs On The Rise
Thirty-five states and the District of Columbia added construction jobs between September 2016 and September 2017, while 26 states added construction jobs between August and September as some state employment levels were impacted by recent hurricanes, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that construction employment in many parts…
Read MoreTrinity Industries’ Aggregates Business Dips
Trinity Industries, Inc. reported net income attributable to Trinity stockholders of $66.9 million, or $0.43 per common diluted share, for the third quarter ended Sept. 30, 2017. Net income for the same quarter of 2016 was $84.2 million, or $0.55 per common diluted share. Revenues for the third quarter of 2017 totaled $973.6 million compared to revenues of $1.1 billion…
Read MoreWhite House to Back Gas Tax Hike?
Oct. 26, 2017 – The White House may back the first hike in the federal gasoline tax in decades in order to pay for President Trump’s $1 trillion infrastructure package. Trump’s economic adviser Gary Cohn told moderate House lawmakers that they’ll get a chance to vote on a gas tax hike early next year as part of an infrastructure bill, according…
Read MoreNSSGA: Tell EPA That WOTUS Needs Clear Exemptions
The U.S. Environmental Protection Agency (EPA) is accepting comments on what a new Waters of the U.S. (WOTUS) Rule should include. The National Stone, Sand and Gravel Association (NSSGA) has long fought the 2015 rule that would have allowed the federal government to regulate dry areas.
Read MoreSafety Lessons Learned
Regulations, Inspections, Enforcement Risks and Power Politics. By Henry Chajet
Read MorePERMITTING – October 2017
Concrete Crushing Permit Approved The Medina, Ohio, Planning Commission gave the Osborne Concrete Co. a conditional zoning permit to continue operation of its concrete-crushing operation despite complaints of noise and dust pollution from residents of two nearby housing developments, according to The Gazette. The decision was made after an hour-long meeting behind closed doors, which was called when the five members…
Read MoreDo Unto Others
While the Golden Rule Is Simple for a Child, It Can Be Complicated, Paradoxical and Daunting for Adults Trying to Manage Large Companies. By Thomas J. Roach
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