The U.S. Geological Survey (USGS) announced that U.S. mines produced approximately $86.3 billion in minerals in 2019 – more than $2 billion higher than revised 2018 production totals.
Read MoreMonth: February 2020
Dodge Momentum Index Starts 2020 on the Downside
The Dodge Momentum Index fell 2.7% in January to 152.5 (2000=100) from the revised December reading of 156.7, snapping a four-month streak of gains. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreMAXAM Tire Creates Mining Group
MAXAM Tire announced the creation of the MAXAM Mining Group (MMG), a dedicated global team specifically focused on the Open Pit Mining segment. The MMG has built a team of members across multiple continents responsible for serving regional market demands. Each member of the team is an industry leading expert dedicated to providing the best customer experience along with superior…
Read MoreEagle Heavy Materials Group has Strong Quarter
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2020 ended Dec. 31, 2019. The company is reporting third-quarter revenue of $350.2 million, up 5%.
Read MoreSullivan Forecasts Modest Cement, Construction Growth
The Portland Cement Association (PCA) held a press conference at the 2020 World of Concrete in Las Vegas, where PCA Senior Vice President and Chief Economist Ed Sullivan predicted cement consumption to stay at moderate growth levels through and into 2022.
Read MoreLafargeHolcim Names Allen GM of Mountain Region
LafargeHolcim has appointed Woodrow “Chance” Allen general manager for the Mountain Region for the US Aggregates and Construction Materials (ACM) organization. Allen has extensive experience in lean manufacturing and managing large-scale businesses. “Chance brings a valuable perspective of the US aggregates and construction materials industry,” said Jay M. Moreau, CEO, US ACM. “His experience in production and in developing and…
Read MoreTRIP: Virginia Roads an Impediment to Economic Growth
Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Virginia motorists a total of $9.5 billion statewide annually – as much as $2,583 per driver in some areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays.
Read MoreConExpo-Con/Agg 2020: Superior’s New Horizontal Shaft Impactor
Superior Industries Inc. plans to debut its brand new Sentry Horizontal Shaft Impactor (HSI) at booth C-31389 during ConExpo-Con/Agg, March 10-14 in Las Vegas. It’s one of a dozen new products the company will introduce during the trade show. Using a high speed impacting force, horizontal shaft impactors encourage stones to break along their natural cleavage lines. This generates cubically-shaped…
Read More