The British Are Coming!

March 7, 2024 – The news was not unexpected, it had been rumored for awhile, but it just got real real: Breedon has entered the U.S. construction materials market. Breedon Group plc, in case you are not aware, is a leading vertically-integrated construction materials group in Great Britain and Ireland. Breedon holds “1 billion tonnes of mineral reserves and resources with long…

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AASHTO Warns Congress on Potential Highway Funding Lapse

March 4, 2024 – The American Association of State Highway and Transportation Officials sent a letter to Congressional leaders on Feb. 26 requesting action to prevent a “potential lapse of critical highway funds” provided by the Infrastructure Investment and Jobs Act or IIJA at the end of the current fiscal year. AASHTO said the lapse risk is driven by the unprecedented growth of…

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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…

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The AVP Pulse Index for February

Feb. 20, 2024 – The AVP Pulse Index this month rose 1.2% month-over-month, while increasing 5.6% year-over-year.  The index is up 16.5% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that…

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Vulcan 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…

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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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Dredging 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…

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Shark Week is Coming

Feb. 7, 2024 – Rock Products is a proud sponsor of the National Stone, Sand & Gravel Association’s Young Leaders group. This year, once again, we will be sponsoring the Young Leaders Luncheon at AGG1 in Nashville. This year’s speaker will be Robert “Shark” Garland, a combat veteran fighter pilot of the United States Air Force. He was an F-15 Eagle instructor at…

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