The U.S. Census Bureau announced that construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% (±1.0%) above the revised August estimate of $1,410.4 billion. The September figure is 1.5% (±1.3%) above the September 2019 estimate of $1,393.3 billion.
Read MoreMonth: November 2020
Vote!
Nov. 3, 2020 – Well, election day is finally here. Voting is not just a right; it is a civic duty. Loretta Lynch, former United States Attorney General, said, “Voting is how we participate in a civic society – be it for president, be it for a municipal election. It’s the way we teach our children … how to be…
Read MoreAEM Survey Reveals What is on Mind of Manufacturers
The Association of Equipment Manufacturers (AEM) released the findings of its most recent CEO survey. The survey, the third in a series of surveys that AEM has conducted since the outbreak of the COVID-19 pandemic, asked executives of leading equipment manufacturing companies to weigh in on the job that President Trump and the 116th Congress have done to support the…
Read MoreLafargeHolcim Reports Lower North American Aggregates Production
LafargeHolcim reported that its North America region produced 35.6 million metric tons (Mt) of aggregates in the third quarter, compared to 39.0 Mt for the previous year’s third quarter. The company stated that overall its North American region delivered an improved Recurring EBIT margin.
Read MoreWest Virginia Settles Antitrust Case With Construction Materials Producers
West Virginia Gov. Jim Justice joined Attorney General Patrick Morrisey to announce that the state and six local governments reached a $101.35 million settlement with 11 asphalt and paving companies – the largest single-state antitrust settlement in West Virginia’s history.
Read MoreLafarge Canada Acquires Mixcor Aggregates
As part of its continued commitment to grow the Canadian economy, Lafarge Canada Inc. acquired the assets of Mixcor Aggregates Inc., based in Alberta. Twenty-six sites and 50 employees will join the Lafarge team, paving the way for green construction solutions.
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