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Orr Group Brokers Oldcastle-Central Deal

Oldcastle Materials Inc. acquired Central Supply Inc. and Central Trucking, Clarksburg, W.Va., according to The Orr Group, a Winston-Salem, N.C.- based investment banking firm. Central Supply consists of six ready mix concrete plants, one block plant and five building supply stores. All operations are located in West Virginia and will join Oldcastle Materials’ Mid-Atlantic Division.

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PCA Applauds Passage of Cement Sector Regulatory Relief Act

The U.S. House of Representatives passed the “Cement Sector Regulatory Relief Act of 2011” (H.R. 2681), a bill designed to address the National Emission Standards for Hazardous Air Pollutants (NESHAP) rule for the portland cement industry; the commercial and industrial solid-waste incinerator rule and associated definitions of “solid waste;” and the new source performance standards rule.

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Construction Spending Rises in August

The U.S. Census Bureau of the Department of Commerce reported that construction spending during August 2011 was estimated at a seasonally adjusted annual rate of $799.1 billion, 1.4 percent above the revised July estimate of $788.3 billion. The August figure is 0.9 percent above the August 2010 estimate of $791.7 billion.

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FMI’s Construction Outlook: Looking Up

FMI, one of the largest providers of management consulting and investment banking to the engineering and construction industry, released its third-quarter Construction Outlook report.

Read more: FMI’s Construction Outlook: Looking Up

Vulcan Renews Support for Foothills Conservancy

Vulcan Materials Co. recently renewed its support for the land and water conservation work of Foothills Conservancy, a nonprofit land trust dedicated to serving North Carolina’s Blue Ridge Foothills region, an eight-county area in the Blue Ridge Mountains that includes the headwaters of three major rivers: Catawba, Broad and Yadkin.

Read more: Vulcan Renews Support for Foothills Conservancy