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New Construction Starts in March Slide 13 percent

New construction starts in March retreated 13 percent from the previous month to a seasonally adjusted annual rate of $633.3 billion, according to Dodge Data & Analytics. The decline followed strong gains in January (up 9 percent) and February (up 17 percent), when construction was lifted by the start of several massive projects valued each in excess of $1 billion, including four liquefied natural gas (LNG) terminal projects, a petrochemical plant, and a solar power facility.

 

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Industry Invades Washington; Pushes for Transportation Funding

TCC 150The 2015 Transportation Construction Coalition Fly-In was held April 14-15, in Washington, D.C. More than 500 people descended upon the Capitol to urge members of Congress to pass an adequately funded transportation bill. The current temporary extension runs out at the end of May.

 

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Michigan Road, Bridge Conditions Face Huge Decline

Michigan’s transportation system faces mounting challenges in the form of deteriorated roads and bridges, a lack of adequate safety features, highway bottlenecks and an inability to fund projects needed to support economic development opportunities in the state. Increased investment in transportation improvements at the local, state and federal levels could improve road and bridge conditions, boost safety, increase roadway efficiency and support long-term economic growth in Michigan, according to a new report released today by TRIP, a Washington, DC based national transportation organization.

 

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John Deere Rolls Out New Iron at Arizona Event

PTP BOART 150John Deere welcomed the trade press, including Rock Products Associate Editor Josephine Smith, to its Sacaton, Ariz., proving grounds on April 14 for a one-day event that highlighted its expanded production-class equipment.

 

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