According to news reports, Democratic congressional leaders announced April 30 after a meeting with President Donald Trump that an agreement had been reached on the price tag for a potential infrastructure plan: $2 trillion.
Read MoreMonth: April 2019
5 Ways Millennials Are Changing the Workplace
Millennials are now the most represented generation in the U.S. workforce, with more than a third of all workers belonging to this group. Look no further than the National Stone, Sand and Gravel Association’s Young Leaders group to find evidence of this.
Read MoreThe Global Challenge at Home
I read an interesting study entitled, “Bridging Infrastructure Gaps: Has The World Made Progress?” put out by the McKinsey Global Institute.
Read MoreFIRST LOOK – APRIL 2019
TOP NEWS Acquisition Means Positive Results U.S. Concrete noted in its fourth-quarter and year-end report, aggregate products revenue increased $91.9 million, or 101.3 percent for 2018 compared to the prior year. In 2018, aggregate products segment Adjusted EBITDA increased by $14.4 million to $41.6 million compared to the prior year. Arcosa Reports In its fourth-quarter and year-end report, Arcosa Inc.…
Read MoreMartin Marietta’s Outlook
April 30, 2019 – Martin Marietta Materials just released its first quarter report, with record results. How do they see things going for the remainder of this year? Glad you asked. In its report, it states: “Infrastructure construction, particularly for aggregates-intensive highways and streets, should benefit from recent accelerations in state lettings and contract awards in key Martin Marietta states, continued…
Read MoreMartin Marietta Achieves Record First-Quarter Results
Martin Marietta Materials Inc. reported record results for the first quarter ended March 31, 2019. Total revenues were $939 million versus $802 million in the first quarter of 2018.
Read MoreVulcan Partnership Supports Historically Black Colleges and Universities
The Vulcan Materials Co. Foundation announced a new grant initiative to support select Historically Black Colleges and Universities (HBCUs) in key areas of the Southeastern United States that are part of the company’s nationwide footprint.
Read MoreContinental Conveyor Belting Has Anti-Stick Compound
With a goal of expanding its product portfolio, technology company Continental is offering to its conveyor belting customers a more complete range of options by introducing a new non-stick compound solution – called ContiClean – for the North American market. “This product is especially suited to customers whose applications require aggressive or additional scraper systems to remove the buildup of…
Read MoreUsed Tires a Canadian Concern
April 26, 2019 – In Canada, it is time to “re-tire.” The Association of Equipment Manufacturers (AEM) reports that a recently implemented law in Canada’s province of Ontario tasks companies with following through on significant obligations associated with the disposal of used tires throughout the product lifecycle. Companies that sell, distribute or manufacture tires, or products using tires in Ontario, are…
Read MoreCemex U.S. Business Up 3% in First Quarter
Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales increased by 1%, reaching $3.2 billion during the first quarter of 2019 versus the comparable period in 2018. Operating EBITDA decreased by 3% on a like-to-like basis during the first quarter of 2019 to $562 million on…
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