Rock Products Logo

April Construction Unchanged From Prior Month

New construction starts in April were reported at a seasonally adjusted annual rate of $400.2 billion, basically the same amount as March, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Nonresidential building slipped back after its elevated March pace, while nonbuilding construction (public works and electric utilities) continued to retreat. In contrast, residential building in April registered a moderate gain, helped by upward movement for multifamily housing. During the first four months of 2011, total construction on an unadjusted basis came in at $122.1 billion, down 9 percent from the same period of 2010.

Read more: April Construction Unchanged From Prior Month

Cat MineStar System Now Features Expanded Capabilities

Caterpillar rolled out updates to its MineStar System, building on existing Cat mining technologies and adding new capabilities to create a comprehensive mine-operations and equipment-management system. The system is configurable and scalable to enable mine managers to define the size and scope that best serve the needs of the mine.

Read more: Cat MineStar System Now Features Expanded Capabilities

AEM Hall Of Fame Accepting Online Nominations in June

The Association of Equipment Manufacturers (AEM) announced the 2011 AEM Hall of Fame program. Online nominations will open in June. The AEM Hall of Fame seeks to create a wider public understanding and appreciation of the industry's role in global economic and social prosperity, not only in the past, but also for the future.

Read more: AEM Hall Of Fame Accepting Online Nominations in June

Many States Fail to Measure Performance of Transportation Dollars

States spent an estimated $131 billion on transportation in fiscal year 2010, but many cannot answer critical questions about what returns this investment is generating, according to a new report by the Pew Center on the States and the Rockefeller Foundation. The study comes at a time when some members of Congress are proposing that the next surface transportation authorization act, the law that governs the largest federal funding streams for states’ transportation systems, more closely tie dollars to performance.

Read more: Many States Fail to Measure Performance of Transportation Dollars

Ministry of Infrastructure of Ontario Holds Consultation on 10-Year Plan

Ontario’s 10-year infrastructure plan will soon be unveiled and it will be a blueprint that responds to the needs of all stakeholders involved, according to an article by Vince Versace in the Daily Commercial News. The plan will involve an estimated $60 billion in funding and is expected to tackle Ontario’s infrastructure deficit through a comprehensive, dedicated strategy.

Read more: Ministry of Infrastructure of Ontario Holds Consultation on 10-Year Plan