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USGS Releases 2010 Production Estimates

According to Jason Willett, crushed stone commodity specialist for USGS, in 2010, estimated aggregates production totaled 1.910 billion metric tons. That is slightly less than the estimated 1.950 billion metric tons produced in 2009. The information was just released as part of the agency’s 2011 Mineral Commodity Surveys.

Crushed stone valued at $11 billion was produced by 1,600 companies operating 4,000 quarries, 91 underground mines, and 195 sales/distribution yards in 50 States. Estimated production for 2010 was 1.150 billion metric tons.

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Economist says market rebound to be slower

Edward Sullivan, chief economist with the Portland Cement Association is no longer bullish on a fast rebound for the industry, based on his assessment of general economic conditions and the housing market. Speaking at the World of Concrete in Las Vegas, he said that he believes that construction-market gains – and thus, aggregates and cement market gains – originally forecast for 2011 will not transpire until 2012, or beyond.

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Stedman Appoints Marcotte Regional Sales Manager

Eric Marcotte was appointed as the new Southern U.S. regional sales manager for Stedman and Innovative Processing Solutions. Marcotte’s responsibilities will include selling crushing equipment and systems to Stedman customers.

Marcotte has more than three years of experience in the mining industry, in plant operations and sales of size-reduction equipment.

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Economic Recovery Brings Return of Congestion

Economic recovery will come faster in some regions of the country versus others, and along with it will come congestion.

The 2010 Urban Mobility Report, published by the Texas Transportation Institute at Texas A&M University, paints the most accurate picture yet of traffic congestion in 439 U.S. urban areas. Thanks to the wealth of speed data provided by INRIX, a leading private-sector provider of travel time information, the current report offers a greatly enhanced picture of congestion on a city-by-city basis.

Read more: Economic Recovery Brings Return of Congestion

Forbes to Address NSSGA Convention

The National Stone, Sand and Gravel Association (NSSGA) will feature Steve Forbes as keynote speaker at its 2011 Annual Convention scheduled for the Wynn Encore hotel in Las Vegas, March 21-24.

Members of NSSGA will hear Forbes, chairman and CEO of Forbes Inc. and editor-in-chief of Forbes Magazine, wax eloquent on the economic challenges that every industry faces.

Read more: Forbes to Address NSSGA Convention