Rock Products - The Leading Voice of the Aggregate Industries.

Housing Production Dips in December

Following an unusual surge in housing starts in November, nationwide housing production fell 9.8 percent to a seasonally adjusted annual rate of 999,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Read more: Housing Production Dips in December

Bluegrass Buys Lafarge Assets in Maryland

Bluegrass Materials Co. reached an agreement to purchase the assets of Lafarge North America’s Maryland aggregates business, which includes operations in the greater Baltimore area and western Maryland.

Read more: Bluegrass Buys Lafarge Assets in Maryland

Permian Basin Materials Gets Financing

GE Capital, Corporate Finance announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials LLC, a newly formed affiliate of WL Ross & Co. LLC (WL Ross).

Read more: Permian Basin Materials Gets Financing

NSSGA Hires Government Affairs Director

Following an extensive search, National Stone, Sand & Gravel Association (NSSGA) President and CEO Michael Johnson announced that Ashley A. Amidon has been named director of Government Affairs, effective Jan. 2, 2014.

Read more: NSSGA Hires Government Affairs Director