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Tariffs to Hurt Aggregates Equipment Manufacturers

Machinery used by aggregates operations is on a list of Chinese imports that will be subject to a 25 percent duty beginning July 6, according to the National Stone, Sand and Gravel Association (NSSGA). The United States Trade Representative (USTR) announced a list of Harmonized Tariff Schedule (HTS) codes that classified hundreds of goods subject to the increased tariff.

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May Construction Starts Climb; Highways Plummet

At a seasonally adjusted annual rate of $783.6 billion, new construction starts in May advanced 15 percent from April, according to Dodge Data & Analytics. The increase follows a 12 percent decline in April, and shows total construction activity reaching the highest level reported over the past eight months. 

Read more: May Construction Starts Climb; Highways Plummet

Lakes Limestone Trade Up Nearly 4 Percent in May

Shipments of limestone on the Great Lakes totaled 3.745 million tons in May, an increase of 3.9 percent compared to a year ago. May’s loadings also bettered the month’s five-year average by the same percent.

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Bill Would Fund Infrastructure in Nation’s Poorest Communities

U.S. Representatives Mike Kelly (R-Pa.), William Lacy Clay Jr. (D-Mo.), and Ted Budd (R-N.C.) announced the introduction of the Generating American Income and Infrastructure Act (GAIIN) Act (H.R. 6104).

Read more: Bill Would Fund Infrastructure in Nation’s Poorest Communities

Trade Commission Cements CRH, Ash Grove $3.5B Merger

The U.S. Federal Trade Commission (FTC) cleared the path for CRH plc to acquire Overland Park, Kan.-based Ash Grove Cement for $3.5 billion after the company agreed to divest facilities in three states.

Read more: Trade Commission Cements CRH, Ash Grove $3.5B Merger