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Report: Cement, Ready-Mix Prices Remain Elevated

Current construction costs rose for the 31st consecutive month in August according to IHS and the Procurement Executives Group (PEG). The current IHS PEG Engineering and Construction Cost Index (ECCI) registered 53.0 percent in August, softer than the July reading, but still in positive territory.

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Lafarge Participates in River Cleanup

Lafarge North AmericaLafarge North America employees volunteered for a Living Lands and Waters river cleanup of the Des Plains River in Channahon, Ill., near the Lafarge U.S. Joliet Quarry. The effort was part of its national commitment to the organization. Earlier this summer, Living Lands and Waters also received a $20,000 donation on behalf of Lafarge U.S. and its employees.

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July Construction Rises; Highways Down

New construction starts in July climbed 6 percent to a seasonally adjusted annual rate of $588.8 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building continued to advance, supported by yet another robust month for manufacturing plant projects as well as improvement for commercial building.

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Oldcastle Parent Notes U.S. Rebound

Irish building materials group CRH plc, which owns Oldcastle in the United States, said its earnings increased 27 percent to 505 million euros in the first six months of the year.

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