U.S. Concrete Aggregates Product Revenue an All-Time High

U.S. Concrete Inc. announced results for the quarter ended March 31, noting consolidated revenue was $285.7 million, a decrease of $48.7 million, or 14.6%, compared to the prior year first quarter, primarily as a result of lower ready-mixed concrete volumes. Aggressive cost-containment measures, operating efficiencies and growth from the aggregate products segment helped to mitigate the impact on operating income from lower revenue.

Read More

Simonson Says Price Increases Continue

Associated General Contractors (AGC) chief economist Ken Simonson – in his latest Data Digest Report – noted that solely due to soaring residential activity, construction spending in March increased 0.2% from a downwardly revised February rate and 5.3% from March 2020 to a seasonally adjusted annual rate of $1.51 trillion, the Census Bureau reported. Because unusually mild or harsh weather…

Read More

North American Mining Hires Publishing Veterans

May 6, 2021 – Pleased to give a shout out to Semco’s new publication, North American Mining magazine, which has hired two key industry veterans with significant experience in the mining sector to lead sales and editorial. “Vic Matteucci will head up sales and Donna Schmidt assumes the reins of editor,” stated Peter Johnson, publisher of the magazine. “The staff of North American Mining magazine…

Read More