Construction spending during February 2019 was estimated at a seasonally adjusted annual rate of $1,320.3 billion, 1.0 percent (±0.8 percent) above the revised January estimate of $1,307.3 billion. The February figure is 1.1 percent (±1.5 percent) above the February 2018 estimate of $1,305.5 billion.
Read MoreDay: April 2, 2019
Bridge Collapse a Dire Warning
April 2, 2019 – A 2018 report from TRIP indicated that roads and bridges that are deteriorated, congested or lack some desirable safety features cost Tennessee motorists a total of $6 billion statewide annually. Now they almost cost a motorist his life. One person was injured after a concrete railing section fell from a bridge in Chattanooga, Tenn., this week shutting down two…
Read MoreChaney Enterprises Acquires PCS Concrete
Chaney Enterprises, a ready-mix concrete, aggregates, custom blends, and related construction supplies provider, has acquired PCS Concrete, a concrete supply business based in Annapolis Junction, Md.
Read MoreAlta Equipment Expands into New England
Alta Equipment Co. entered into an agreement to purchase Northland Industrial Truck Co., Inc. (NITCO). The acquisition will expand Alta’s business into the New England market, adding full service materials handling sales operations in Massachusetts, Connecticut, New Hampshire and Maine. NITCO, and its construction equipment group Northland JCB, will continue to operate as wholly owned subsidiaries of Alta, with no…
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