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Rockin' at Tower Rock Stone

IMG 0696Nov. 15, 2017 – Caterpillar held a product demonstration at Tower Rock Stone in Ste. Genevieve, Mo., to show off the capabilities of its new 988K XE electric drive loader.

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Dave Turin on the Rocks

RR103117 TurinOct. 31, 2017 – I had a great trip to Oregon, and I was especially pleased to have the opportunity to tour and profile reality TV star Dave Turin's family quarry. You won't see him on Gold Rush this season, but stay tuned, there is big news coming soon on his future plans. And thanks to my friends at Volvo for being there as well. Heresssss Dave

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White House to Back Gas Tax Hike?

RR102617 pumpOct. 26, 2017 – The White House may back the first hike in the federal gasoline tax in decades in order to pay for President Trump’s $1 trillion infrastructure package. Trump’s economic adviser Gary Cohn told moderate House lawmakers that they'll get a chance to vote on a gas tax hike early next year as part of an infrastructure bill, according to two lawmakers who were present. The discussion over the fuel tax during the meeting was first reported by Politico Playbook. "Cohn seemed receptive to it," one meeting participant told The Hill. Separately, an industry source tells The Hill that the White House intends to back a 7-cent gas tax increase to pay for U.S. roads, bridges, highways and other public works, though it’s unclear if the proposal would be included in initial infrastructure legislation or if the administration will push to have it added at the committee level.

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Stop Unreasonable Permitting Delays

RR102017 nssgaOct. 19, 2017 – The National Stone, Sand and Gravel Association (NSSGA) recently told the U.S. Army Corps of Engineers and Fish and Wildlife Service that unreasonable delays in the permitting process are far too common for aggregates operations. Nancy Haley and Chip Smith from the Corps met in-person at NSSGA’s headquarters with Mark Williams of Luck Companies, Matt Hinck of CalPortland, and NSSGA staff. They discussed improvements for water permits and the withdrawal of the Waters of the U.S. (WOTUS) rule.

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What's the Deal?

AshGrovelogo sqOct. 6, 2017 – The CRH-Ash Grove merger just took a fresh turn. The company provided an update regarding the previously announced Agreement and Plan of Merger with CRH plc, under which CRH plc would acquire Ash Grove. Ash Grove has now announced that it has received a preliminary, non-binding competing proposal from a third party to acquire Ash Grove at an indicated enterprise value of $3.7 billion to $3.8 billion. The suitor is rumored to be Summit Materials. "The board of directors of Ash Grove has determined that such proposal could reasonably be expected to result in a superior proposal and has determined to engage with such third party regarding its proposal," the company said. If this deal goes through, this would be the second merger change-of-plans in recent months. Polaris was originally slated to be acquired by Vulcan Materials, but that deal was superceded by an offer from U.S. Concrete.

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