Summit by Region

Feb. 26, 2021 – Summit Materials, in its quarterly report, detailed the performance of its past quarter and year, by region. The West Segment reported operating income of $176.5 million in 2020, compared to $109.2 million in 2019, due to higher revenue from all lines of business. Aggregates revenue in 2020 increased 15.9% over 2019, partly as a result of a 4.4% increase in…

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AGG1 Kicks Off in Virtual Format

Feb. 22, 2021 – In his opening address to the virtual AGG1 show, the National Stone, Sand & Gravel Association’s (NSSGA) President and CEO Michael Johnson emphasized connectivity, and adopting a mindset of change with regard to industry outreach and education. “We have to change,” he said, noting that COVID-19 has changed the way we interact with each other. “We’ve got to go to you where…

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Virtual AGG1 on Tap Next Week

Feb. 18, 2021 – The National Stone, Sand & Gravel Association’s (NSSGA) AGG1 Academy will be held via a digital platform Feb. 22-24, providing an opportunity for members to participate from wherever they work or reside. The association’s annual convention will be held March 8-9, also in digital format. Originally scheduled for March 2021 in Atlanta, NSSGA worked with representatives across its leadership, membership and stakeholders to make the decision to conduct its…

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Concrete Information

Feb. 18, 2021 – According to the National Ready Mixed Concrete Association, estimated ready mixed concrete production in November 2020 is 31.6 million cu. yd., 8.9% higher than that in November 2019. The estimated production in the United States for 2020 through November is 350 million cu. yd., approximately 1% higher than that during the same period in 2019. Ready mixed concrete production is estimated from cement shipments…

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Vulcan’s Hill Sees Market Strength

Feb. 16, 2021 – Vulcan Materials, as part of its fourth-quarter and full-year 2020 report, looked into the crystal ball to see what is in store for the company in today’s aggregates market. Regarding the company’s outlook, Chairman and Chief Executive Officer Tom Hill stated, “We are encouraged by the continued strength in residential construction activity, particularly single-family housing. Our expectation is also…

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COVID-Relief Package Details

Feb. 15, 2021 – According to the National Stone, Sand & Gravel Association (NSSGA), Democratic House Leaders have drafted and advanced through nine different markups of the legislative text of a $1.9 trillion COVID-19 relief package. While hundreds of amendments have been offered to this massive bill, all but one has fallen on a partisan vote, showcasing the tight grip the Speaker and…

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Martin Marietta Looks Ahead

Feb. 9, 2021 – On the heels of reporting “strong shipment growth, pricing gains and disciplined cost management” in the fourth quarter of 2020, as well as “record fourth-quarter and full-year profitability and safety performance,” Martin Marietta said it remains confident that favorable pricing dynamics will continue, “supported by the company’s locally-driven pricing strategy, and attractive underlying fundamentals and long-term secular…

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Mineral Commodity Summaries Released

Feb. 4, 2021 – The U.S. Geological Survey (USGS) just released its 2021 Mineral Commodity Summaries report. In 2020, 1.46 billion tons of crushed stone valued at more than $17.8 billion was produced by an estimated 1,410 companies operating 3,440 quarries and 180 sales and (or) distribution yards in 50 states. Leading states were, in descending order of production, Texas, Missouri, Florida, Pennsylvania, Ohio, Georgia, Virginia,…

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