Telsmith Inc., hosted an Association of Equipment Manufacturers (AEM) sponsored pancake and policy tour on Oct. 28, by inviting AEM members to come in and speak to Telsmith employees about the I Make America campaign to discuss the issues that are impacting the manufacturing industry. “We are proud to be a member of the Association of Equipment Manufacturers, and thrilled to be hosting…
Read MoreDay: October 31, 2019
Summit: Behind the Numbers
Oct. 31, 2019 – Summit Materials reported third-quarter numbers, and aggregates net revenues increased by 25.5% to $137.5 million in the third quarter 2019, when compared to the prior-year period. Organic aggregates sales volumes increased 11.4% in the third quarter 2019, when compared to the prior-year period on higher organic volume growth in both the East and West segments. Operating income across…
Read MoreConstruction Starts to Slip in 2020; Public Works to Rise
Dodge Data & Analytics released its 2020 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity.
Read MoreSummit Aggregates Net Revenues Up 25.5%
Summit Materials Inc. announced that for the three months ended Sept. 28, the company is reporting net income attributable of $55.8 million, or $0.50 per basic share, compared to net income attributable to Summit Inc. of $71.3 million, or $0.64 per basic share in the comparable prior-year period.
Read MoreALLU Announces New Dealer for Southern U.S.
ALLU Group Inc. announced Richland, Miss.-based Lyle Machinery Co. as its newest dealer for the full line of ALLU Transformer material processing attachments. The company not only provides sales and rental of ALLU’s unique screener crusher attachments, but also complete aftermarket service and spare parts for customers throughout Mississippi, the Florida panhandle, and sections of Alabama, Louisiana and Texas. The appointment of…
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