Transportation Group Decries Multi-Modal Funding Cut by Feds

The U.S. Department of Transportation announced the latest round of funding for the BUILD program (formerly known as TIGER). This program has been perennially popular since 2009 when the program was conceived. Now entering round 11 of funding, a new analysis of the program has uncovered some worrying findings, according to Transportation for America.

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Badger Mining Receives Employee Benefits Recognition

Badger Mining Corp. (BMC) was recognized as the 401(k) Plan Sponsor of the Year at an awards banquet in New York City at the end of March. This national honor, awarded by PlanSponsor magazine, recognizes companies that best “show commitment to their participants’ financial health and retirement success.” As one of four finalists in the asset category of $50 million…

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Wayfinder Commissions New Frac Sand Extraction, Processing Operation

Wayfinder Corp. started commissioning its new frac sand extraction and processing operation, which is now Alberta’s closest regional silica sand facility to the Duvernay, the company said. Strategically located 80 km southeast of Whitecourt on Hwy. 43, the facility is one of the largest frac sand facilities in Canada and expected to be in production by the end of April…

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This Week’s Market Buzz

•    GZA received the Rock Solid Excellence in Safety Award from the Illinois Association of Aggregate Producers (IAAP) for the 13th year in a row. The company’s Mark Krumenacher is also the proud recipient of the IAAP’s Associate Member Leadership Award for his tireless work for the organization promoting sustainability and environmental stewardship in mining.

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Turning the Corner

April 18, 2019 – Maybe we have turned the corner in 2019. According to Dodge Data & Analytics, highway and bridge construction starts in March grew 4%, showing improvement after declines in January (down 5%) and February (down 6%). According to Robert A. Murray, the organization’s chief economist, the passage of federal appropriations for fiscal year 2019 in mid-February seems to be helping the public works sector. The…

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March Construction Starts Surge 16%

New construction starts in March advanced 16% from the previous month to a seasonally adjusted annual rate of $809.2 billion, according to Dodge Data & Analytics. The substantial gain followed a lackluster performance during the first two months of 2019, as total construction starts in March were able to climb back to a level slightly above the average monthly pace during 2018. 

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