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Canadian Construction Market Projected to Hit $300 Billion by 2014

According to Alex Carrick, chief economist, CanaData, at Reed Construction Data, spending on new construction in Canada will rise to $301.4 billion by 2014. The level this year, based on Statistics Canada’s survey of owner’s investment intentions, is expected to be $240.6 billion.

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Yokohama to Raise Prices 10 Percent on OTR Tires

Yokohama Tire Corp. will implement a price increase of up to 10 percent on all of its off-the-road (OTR) tires in the United States effective May 1. There will be in-line adjustments, as well, which will be announced at a later date.

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ConExpo-Con/Agg 2011 a Resounding Success

The mood was overwhelmingly positive at the ConExpo-Con/Agg 2011 exposition held March 22-26 in Las Vegas. Despite continued uncertainty in U.S. construction markets and the overall economy, industry professionals expressed hopeful optimism for a sustained U.S. upturn in the coming months, while global sales continue to be strong.

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Vulcan’s Stafford Quarry Receives National Recognition for Community Relations Excellence

Vulcan Materials Co.'s Stafford Quarry in Stafford, Va., received an Excellence in Community Relations Gold Award from the National Stone, Sand and Gravel Association. This national award recognizes a superior level of active involvement with and positive contributions to the facility's neighboring community.

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Volvo Construction to Spend $100 Million on North American Operations

Volvo Construction Equipment (CE) plans to spend $100 million at its Shippensburg, Pa., manufacturing facility and begin production of Volvo wheel loaders, excavators and articulated haulers in North America. Also, the Volvo CE North American sales headquarters and Volvo Rents will relocate from Asheville, N.C., to Shippensburg by September 2012.

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