MDU Resources Group Inc. reported earnings increased 23% in 2019 to $335.5 million, or $1.69 per share, compared to 2018 earnings of $272.3 million, or $1.39 per share. In the fourth quarter of 2019, the company’s earnings were $95.1 million, or 47 cents per share, compared to $78.8 million, or 40 cents per share, in 2018.
Read MoreMonth: February 2020
Liebherr USA Receives AED Foundation Partner Award
Liebherr USA Co.’s Construction Equipment division is the 2020 recipient of the Associated Equipment Distributors (AED) Foundation Partner Award. First presented in 2017, the award recognizes the distinguished service of a manufacturer or service provider that has offered significant contributions to the professional education goals of the foundation. AED Foundation leaders said Liebherr’s strong support for the organization’s fundraising gala,…
Read MoreVulcan Roars into 2020
Feb. 18, 2020 – Vulcan Materials just reported full-year revenues of $4.9 billion for 2019, up 12% as compared to the prior year, and net earnings of $618 million, an increase of 20%. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “In 2020, we expect another year of strong earnings growth. Vulcan-served markets should continue to benefit…
Read MoreVulcan Reports Strong Double-Digit Growth
Vulcan Materials Co. announced results for the quarter ended Dec. 31, 2019. Higher segment earnings in Aggregates and Asphalt helped drive 15% year-over-year growth in the company’s fourth quarter earnings from continuing operations.
Read MoreConstruction Starts Lower in January; Highways Up
Total construction starts slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data & Analytics. All three major categories moved lower in January – residential building starts fell 8%, nonresidential building lost 6%, and nonbuilding starts moved 2% lower.
Read MoreMcLanahan UltraWASH Plant
McLanahan will be showcasing the UltraWASH at ConExpo-Con/Agg 2020 in Las Vegas on March 10-14. Watch this video to see the modular wash plant be developed for the show and learn what gives the McLanahan UltraWASH an advantage over other modular wash plants. Visit McLanahan, www.mclanahan.com
Read MoreThe Deep Freeze
Metso to Deliver Freeze-Proofed Crushing and Screening Plants to Antarctica – Operating Temperature as Low as -40 C . By Mark S. Kuhar
Read MoreMSHA Reports 22nd Fatality of 2019
The Mine Safety and Health Administration (MSHA) reported that a contract maintenance mechanic was performing elevator maintenance when the car descended, crushing the mechanic against an elevator platform. The person died at the scene on Dec. 3.
Read MoreCemex USA Safety Week Highlights ‘Safety Through Leadership’
Cemex USA kicked-off the new year by hosting its annual company-wide Safety Week 2020, an initiative solely focused on one of its core values, Health & Safety. This year’s theme, “Safety Through Leadership,” empowers supervisors and others in leadership roles to actively lead their teams to success by utilizing the tools provided by Cemex to nourish a strong and supportive…
Read MoreConstruction Starts Surge 37% Higher in November
Large Projects Lead to Gains Across Most Major Construction Sectors. By Mark S. Kuhar
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