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Safety And Training Initiatives are Focus at ConExpo-Con/Agg 2011

Attendees at ConExpo-Con/Agg 2011 will have access to several safety and training-focused events being held in conjunction with the shows, providing added value to the show experience. 

These include:

  • Lift Safety Zone outdoor demonstration area.
  • Crane and Rigging Conference with a Crane Operator Rodeo
  • International Mixer Driver Championship.
  • Construction Challenge finals for the teen-focused program spotlighting industry careers.

Read more: Safety And Training Initiatives are Focus at ConExpo-Con/Agg 2011

Oldcastle Enters Austin, Texas, Market

Oldcastle Materials, Inc. announced that APAC-Texas Inc. acquired the assets of two independent sand and gravel companies operating in Austin, Texas.

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NSSGA Launches Initiative To Spur Action On Reauthorization

With the enthusiastic encouragement of National Stone, Sand and Gravel Association (NSSGA) Chairman Bill Schneider, president and CEO, Knife River Corp.,  and NSSGA Government Affairs Division Chairman Charlie Luck, IV, president and CEO, Luck Stone Corp., NSSGA is kicking off its "One to Five" program, a new initiative to boost support from both the business sector and the general public at the local level for surface transportation reauthorization.  The recently announced House Transportation and  Infrastructure Committee field hearings offer an ideal opportunity to launch this program and get non-construction interests involved in reauthorization.

Read more: NSSGA Launches Initiative To Spur Action On Reauthorization

Martin Marietta Materials Delivers Gains in Fourth Quarter

Martin Marietta Materials Inc. announced fourth-quarter earnings of $14.8 million compared to a loss of $3.2 million last year. Earnings from continuing operations amounted to $15.1 million compared to a loss of $2.7 million a year ago. Total revenues increased to $428 million from $374.7 million last year.

Ward Nye, president and CEO of Martin Marietta Materials, stated, "Our 2010 performance further distinguishes Martin Marietta as a premier performer among building-materials companies. Despite the difficult environment in which we were operating, the earnings power created from our steadfast focus on fundamentals, including stringent cost controls and prudent management of our assets, enabled us to deliver fourth-quarter earnings of $0.32 per diluted share and full-year earnings of $2.10 per diluted share.

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Construction Spending Lowest in a Decade

The U.S. Census Bureau of the Department of Commerce reported that construction spending during December 2010 was estimated at a seasonally adjusted annual rate of $787.9 billion, 2.5 percent below the revised November estimate of $807.8 billion. The December figure is 6.4 percent below the December 2009 estimate of $841.8 billion.  The value of construction in 2010 was $814.2 billion, 10.3 percent below the $907.8 billion spent in 2009.

That is the lowest level of construction spending in a decade.

Read more: Construction Spending Lowest in a Decade