Rock Products Logo
 

Transportation Issues on Ballot

Voters in several states will see transportation funding initiatives on their ballots on Nov. 6, according to the National Stone, Sand and Gravel Association (NSSGA). Faced with significant shortages in federal funding for roads, bridges and highways, many states have put forth measures to address their funding needs. Voters in California, Colorado, Connecticut, Louisiana, Maine, Missouri, Oklahoma and Utah, will all consider transportation funding measures this year. 

Read more: Transportation Issues on Ballot

LafargeHolcim Aggregates Sales Up 6 Percent

LafargeHolcim announced that like-for-like net sales grew by 5.8 percent for the third quarter of 2018 and by 5.1 percent in the first nine months of 2018 compared to the prior-year period. Growth was driven by increased demand as well as sales price increases. 

Read more: LafargeHolcim Aggregates Sales Up 6 Percent

U.S. Concrete Reports Record Aggregates Revenues

U.S. Concrete Inc. reported that for the quarter ended Sept. 30, 2018, its consolidated revenue increased 14 percent to $404.3 million, an all-time quarterly high.

Read more: U.S. Concrete Reports Record Aggregates Revenues

Vulcan Announces Third Quarter Aggregates Increases

Vulcan Materials Co. announced results for the third quarter ended Sept. 30, 2018. Third quarter earnings from continuing operations were $180 million, or $1.34 per diluted share. Net earnings increased 65 percent to $179 million and Adjusted EBITDA increased 13 percent from the prior year's third quarter to $353 million.

Read more: Vulcan Announces Third Quarter Aggregates Increases

MDU Resources Earns Record Construction Materials Revenue

MDU Resources Group Inc. reported third quarter earnings from continuing operations of $107.4 million, or 55 cents per share, compared to third quarter 2017 earnings from continuing operations of $89.6 million, or 46 cents per share. 

Read more: MDU Resources Earns Record Construction Materials Revenue