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Obama Proposes $10-Per-Barrel Oil Tax for Transportation

Included in President Obama's 2017 budget is a proposal for a $10-per-barrel oil tax, phased in over five years, to pay for a variety of transportation initiatives, including new rail corridors, highway projects, pilot projects for self-driving cars and other technologies it said fall under the goal of a “clean transportation” system.

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Martin Marietta Has Record Fourth Quarter; Full-Year

Martin Marietta Materials Inc. reported its results for the fourth-quarter and year ending Dec. 31, 2015. The company is reporting consolidated net sales of $780.8 million in the fourth quarter, compared to $779.5 million in the previous year's fourth quarter; and $3.3 billion for the full year, compared to $2.7 billion in 2014. Heritage aggregates business net sales were up 8 percent for the quarter and 8.2 percent for the full year.

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Vulcan Division Publishes First EPD for Aggregates

The Western Division of Vulcan Materials Co. has published North America’s first self-declared Environmental Product Declaration (EPD) for aggregates, according to the company. An EPD is a standardized way of communicating the environmental impacts of a product in a scientifically-recognized and compact format.

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Former Stone Association Executive Bob Bartlett Dies

The aggregates industry is mourning the loss of Robert G. Bartlett, former president and CEO of the National Stone Association.

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Dodge Momentum Index Strong in January

The Dodge Momentum Index rose 2.4 percent in January to 126.4 (2000=100) from its December reading of 123.4. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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