Summit Establishes Annual Records for Revenue, Profitability

Summit Materials Inc. announced results for the fourth quarter and full year ended Dec. 30, 2023. Net revenue increased $220.7 million, or 9.9%, in 2023 to $2.4 billion, as strong pricing across all lines of business and contributions from acquisitions more than offset lower volumes and the impact of divestitures. Operating income increased $41.6 million, or 15.5% in 2023 to…

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Martin Marietta Celebrates 30 Years of Providing Value

Martin Marietta – recognizing its 30th anniversary as a publicly traded company – has released a brief video, “Martin Marietta: A History in Stone.“ Martin Marietta teams across North America are expected to celebrate the company’s 30th Anniversary throughout the year, including during a companywide Town Hall in July.  After splitting from its aerospace cousin, Lockheed Martin, Martin Marietta became…

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Martin Marietta Looks Ahead

Feb. 14, 2024 – Martin Marietta Materials delivered a sweet Valentines Day gift to the industry, reporting the best year in company history. And aggregates shipments were actually down, 46.6 million metric tons (Mt) versus 47.7 Mt quarter over quarter; and 198.8 Mt versus 207.7 Mt year over year. You can thank double-digit pricing increases for that. Looking at the year…

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MSHA Issues Alert on Rotating Conveyor Rollers

MSHA is reporting that three miners have been permanently disabled since the beginning of 2024 because of rotating conveyor rollers. Serious and fatal injuries occur when miners clean or adjust conveyor rollers, pulleys and idlers while the belt is in motion. Injuries vary from broken bones to loss of fingers, hands and arms. Some accidents have resulted in fatal injuries. …

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Permitting: New York

According to fingerlakes.com, the owner of the 14.3-acre Padua Ridge sand and gravel mine that abuts the Watkins Glen State Park and a Catholic cemetery in Schuyler County, N.Y., is proposing a 60.95-acre expansion, the state Department of Environmental Conservation disclosed. The DEC said it plans a pair of public hearings on the project in February. Mining at the site…

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PERMITTING: Texas

According to www.click2Houston.com, several city, county, state, health and federal leaders are pushing back against a concrete crushing company that is trying to build a facility across the street from Lyndon B Johnson Hospital located on Kelley Street near Homestead in northeast Houston. Officials say the pollution can lead to health problems, worsening existing conditions. “It should be obvious to…

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Construction Spending Rises in November

Construction spending during November 2023 was estimated at a seasonally adjusted annual rate of $2,050.1 billion, 0.4% (±1.0%) above the revised October estimate of $2,042.5 billion.  The November figure is 11.3% (±1.5%) above the November 2022 estimate of $1,842.2 billion. During the first 11 months of 2023, construction spending amounted to $1,817.1 billion, 6.2% (±1.0%) above the $1,711.1 billion for…

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BKT Delivers a Full Range of Specialty OTR Tires

From quarries to underground mines, BKT makes a full range of specialty OTR tires, designed to maximize performance and durability, even on the most challenging terrains. Getting down without downtime. Downtime can be incredibly frustrating for OTR workers, reducing productivity and output, while also impacting project delivery times. One of the biggest contributors to downtime is damaged tires. Most often…

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Command Alkon Showcases Cloud-Based Technologies at World of Concrete

Command Alkon, software and solutions provider for the heavy building materials industry, participated in the 50th annual World of Concrete show Jan. 22-25 at the Las Vegas Convention Center. As a long-time exhibitor at World of Concrete, Command Alkon recognizes the immense value of this premier event in bringing together industry leaders, professionals, and partners from around the world. With…

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Tsurumi Pump Offers Mining Solutions

Tsurumi Pump offers a variety of electric submersible dewatering solutions for mining with impressive capacities and convenient package sizes. For many underground applications that use dewatering pumps, unexpected downtime is an inconvenience and added expense at best, and a serious safety hazard at worst. That is the reason well-designed, durable pumps are essential in these demanding environments. “By installing our…

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