July 31, 2020 – The Associated General Contractors of America likes coronavirus recovery measures recently announced in Congress, but makes a good point: infrastructure spending is the economic recovery the workforce needs right now. Association officials noted that new coronavirus recovery measures include provisions that can help construction firms rebuild their payrolls. These include liability reforms so construction firms that are protecting workers from the…
Read MoreDay: July 31, 2020
LafargeHolcim Calls North American Performance ‘Remarkable’
LafargeHolcim reported half-year sales of CHF$10.7 million versus CHF$13 million during the same period in 2019. North American sales of aggregates reached 45.2 million metric tons (Mt) in the first half of 2020 versus 45.7 Mt in the first half of 2019, a decline of 1.1%. Cement sales were off slightly while ready mixed sales were up.
Read MoreCat Sales and Revenues Plunge 31%
Caterpillar Inc. announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020,…
Read MoreEagle Reports Record Revenue, Including Aggregates Gains
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2021 ended June 30. The company is reporting record revenue of $428.0 million, up 15%.
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