Rock Products - The Leading Voice of the Aggregate Industries.

Eagle Materials Reports Higher Aggregates Volume

Eagle Materials Inc. reported financial results for the first quarter of fiscal 2016 ended June 30, 2015. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior year’s first quarter):

Read more: Eagle Materials Reports Higher Aggregates Volume

Terex to Merge with Konecranes

Terex Corp. and Konecranes Plc jointly announced that their respective boards of directors have unanimously approved a definitive business combination agreement and the resulting all-stock merger of equals.

Read more: Terex to Merge with Konecranes

Bill Introduced to Raise Gas Tax

Sen. Tom Carper (D-Del.) has introduced the Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act (TRAFFIC), which would raise the country’s gasoline and diesel taxes, and also extend and expand tax credits that are critical to hard-working American families.

Read more: Bill Introduced to Raise Gas Tax

Dodge Momentum Index Rebounds in July

The Dodge Momentum Index rose to 125.3 (2000=100) in July, up 5.4 percent from its June reading of 118.9 according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

Read more: Dodge Momentum Index Rebounds in July