The publicly traded companies are out with their full-year 2023 financial reports and by all accounts it was a record-breaking year. The list goes on. While vibrant market conditions continue to drive performance for aggregates operations, there is no discounting the impact of the healthy price increases that companies are also reporting. Rock Products’ pricing guru, Barry Hudson of Price…
Read MoreAuthor: Mark Kuhar
Heidelberg Looks Ahead
Feb. 23, 2024 – Heidelberg Materials released its latest financial report. Once again, another executive likes what he sees up ahead. “Despite a persistently difficult market environment, we closed the past financial year with a record result,” said Dominik von Achten, chairman of the managing board of Heidelberg Materials. The company stated in the report: “We are optimistic about the…
Read MoreVulcan Looks Up The Road
Feb. 16, 2024 – Vulcan Materials Co. just announced results for the quarter and year ended Dec. 31, 2023, reporting total revenues of $1.83 billion in the fourth quarter versus $1.73 billion in the fourth quarter of 2022; and $7.78 billion for full-year 2023 versus $7.32 billion for full-year 2022 – a dazzling performance indeed. Regarding the company’s outlook, Tom Hill, Vulcan Materials’ chairman and…
Read MoreDredging Through Climate Change
Feb. 13. 2024 – The Western Dredging Association (WEDA) recently issued a white paper, “How the Dredging Industry Contributes to Our Communities’ Resilience, Sustainability and Adaptation in Response to Climate Change,” based on the United Nations Sustainable Development Goals (SDGs), developed in 2015. This white paper demonstrates the dredging industry’s contributions to worldwide sustainability challenges. The UN SDGs represent 17…
Read MoreA New Dimension
A Small, Family-Owned Quarry Operation Is Partnering With A Large Dimensional Stone Company, And It Has Resulted In A Unique Addition To The Texas Aggregates Market. By Mark S. Kuhar Central Texas Stone & Aggregate saw a big opportunity and jumped on it. Dimensional stone giant Cold Spring – which operates a quarry on the edge of the Llano Uplift…
Read MoreAGG1 Returns to Nashville
This Year’s Show Takes Place March 25-27, at the Nashville Music City Center in Tennessee. By Mark S. Kuhar It’s time once again for the aggregates industry’s premier event. Registration is now open for AGG1 Academy & Expo, co-located with the World of Asphalt Show & Conference, running March 25-27, 2024, at the Nashville Music City Center in Tennessee. With…
Read MoreMineral Commodities Update
The U.S. Geological Survey (USGS) reports U.S. mine and plant production data for 16 selected mineral commodities that are provided on a monthly (or quarterly) basis to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates. In the aggregates industry we of course…
Read MoreWanted: The Sand Man
Jan. 17, 2024 – Rep. Mike Levin (D-Calif.) and San Clemente, Calif., Mayor Victor Cabral learned that the U.S. Army Corps of Engineers sand replenishment project on San Clemente beaches will be delayed due to ongoing sand quality issues. It didn’t go over very well. The U.S. Army Corps of Engineers has agreed to allow the contractor, Manson Construction, to delay the project up to 70…
Read MoreWelcome to 2024
Happy New Year, and welcome to 2024. I hope this is a banner year for all of us and we see much success up ahead in the aggregates industry. Public highway, pavement and street construction is expected to grow by double digits for the second consecutive year, increasing 16% to $126 billion in 2024 from $108.6 billion in 2023, according…
Read MoreNSSGA’s Stanley Graduates from Institute for Organization Management
Institute for Organization Management, the professional development program of the U.S. Chamber of Commerce, announced that Michele Stanley, IOM, executive vice president and chief advocacy officer of the National Stone, Sand & Gravel Association, has graduated from the program and has received the recognition of IOM.
Read More