Summit Materials Adds Two to Board of Directors

Summit Materials Inc. announced that its board of directors has appointed Anne M. Cooney and Susan A. Ellerbusch as new independent directors. With the appointment of Cooney and Ellerbusch, Summit’s board now comprises 10 members. Additionally, Summit announced that Neil P. Simpkins will resign from the board of directors, effective at the end of the company’s fiscal year.

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New Construction Starts in July Slide 9 Percent

At a seasonally adjusted annual rate of $817.4 billion, new construction starts in July fell 9 percent from the elevated pace reported in June, according to Dodge Data & Analytics. The latest month’s decline followed strong gains for total construction starts during the previous two months, with May up 14 percent and June up 11 percent. 

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Terex’s Garrison Assumes Position of Chairman

Terex Corp. announced that John Garrison, Terex’s president and CEO, will also assume the position of chairman of the board effective immediately. Garrison succeeds David Sachs who has been non-executive chairman since January 2016 and was previously lead director since May 2013. With the appointment of Garrison as chairman, Sachs will again assume the role of lead director. “I would like…

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Haver & Boecker Offers Ty-Max and Ty-Wire Screen Media

Haver & Boecker offers Ty-Max and Ty-Wire screen media, now with longer wear life proven through extensive field testing, according to the company. “Product testing is an ongoing process conducted to ensure products are not only meeting customer expectations, but exceeding them,” said Karen Thompson, Haver & Boecker Canada president. “Through rigorous testing in the field, we discovered these products…

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Domino’s Pizza is Fixing our Roads?

August 15, 2018 – We can’t get the federal government to fix our infrastructure, so Domino’s Pizza is doing it. Say what? Domino’s is “saving pizza, one pothole at a time,” according to the company. Cracks, bumps, potholes and other road conditions can put good pizzas at risk after they leave the store, the company stated. Now Domino’s is hoping to…

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Granite Construction’s Materials Revenue Increases 27.5 Percent

Granite Construction reported a net loss of $8.4 million for the quarter ended June 30, compared to a net income of $14.1 million in the second quarter of 2017. Second quarter 2018 results include the impact of acquisition expenses of Layne Christensen Company and LiquiForce. Excluding the impact of these expenses, second quarter adjusted net income was $17.9 million, or $0.43…

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