Construction Machinery Exports decline 38%
U.S. construction equipment exports dropped more than 38% in 2009 compared to the previous year for a total $12.8 billion worth of machinery shipped to other nations, with declines of between nearly 30% to 50% for major world regions. ...
Hillhead 2010 Sells Out Exhibit Stands
So far, 381 exhibitors have now signed up to participate in Hillhead 2010, which takes place from June 22–24 at Tarmac’s Hillhead Quarry, near Buxton, England...
Cemex Earns EPA Energy Distinction
The U.S. Environmental Protection Agency has named Cemex USA a 2010 Energy Star Partner of the Year for outstanding energy management and reductions in greenhouse gas emissions.
Cemex, an Energy Star partner since 2004,...
CRH Profits Fall in 2009
CRH reported that its operating profit for 2009 fell 48% to €955 million ($1.3 billion) after restructuring and impairment charges of €246 million ($334 million). Excluding these charges, operating profit fell 37%. The profit before tax and impairment charges of €773 million ($1.05 billion) was 53% below 2008 but ahead of the guidance of €750 million ($1.02 billion) provided in the ...
Aggregate Industries Makes European Acquisitions
Aggregate Industries has made three acquisitions and created a European joint venture...
JCB Sends Equipment to Chile
JCB Chairman Sir Anthony Bamford pledged assistance worth $100,000 to help in the rebuilding efforts in the wake of the Chilean earthquake disaster...
Bunning Blocks Highway Program Extension
Unable to reach agreement on Feb. 25 on the Senate long-term extension of the highway program, the House by voice vote passed a 30-day extension of several programs including the highway trust fund (HTF) at the low pro rata rate currently provided by the continuing resolution and sent it to the Senate. ...
Group Wants Water Infrastructure in Jobs Bill
The Clean Water Council encourages inclusion of the Sustainable Water Infrastructure Investment Act (HR 537) in the latest jobs bill under consideration in the House of Representatives. ...
The Stage for Bauma Set
In 2008, the U.S. government spent $700 billion to bail out financial institutions to stave off a meltdown of the entire financial system; the ramifications...
Granite Construction Reports Earnings
Granite Construction reported net income of $73.5 million for the full year 2009, compared with $122.4 million for the full year 2008. For the fourth quarter of 2009, Granite reported net income of $16 million. ...
Transportation Grants Available
The U.S. Department of Transportation made $1.5 billion in Transportation Investment Generating Economic Recovery (TIGER) grants available for over 50 nationwide transportation projects. ...
CEOs Readying for a Return to Growth
CEOs appear to be emerging from recession mode and priming for a return to growth, according to results of The Conference Board CEO Challenge 2010 Survey...
Bauma China 2010 Booked to Capacity
As of the official application deadline in mid-February, bauma China 2010, the International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment, is booked to capacity. ...
Study Shows Links to Organization Commitment
According to a new study, counterfactual thinking—considering a turning-point moment in the past and alternate universes had it not occurred—heightens one’s perception of the moment as significant, and even fated. ...
U.S. Concrete Hires Advisors to Improve Capital Structure
U.S. Concrete has engaged Lazard Freres & Co. and AlixPartners as its financial advisors, and Kirkland & Ellis as its legal advisor, to assist in assessing potential alternatives to strengthen its balance sheet. These alternatives include addressing the company's 8 3/8% senior subordinated notes due April 1, 2014....
Smart-Growth Study Touts Transit Jobs
Through the end of 2009, American Recovery and Reinvestment Act investments in public transportation have created almost twice as many jobs per dollar as investments in highways, according to an analysis of federal data by Washington-based Smart Growth America and other groups. ...
Cemex Sells 12 Quarries
Cemex sold 12 active quarries and certain other assets to SPO Partners & Co. for $420 million with its joint-venture partner Ready Mix USA. ...
Analyst Forecasts Wave of Infrastructure Funding in 2010
Onvia analysts say 2010 will be the year of maximum stimulus impact as funds that were obligated in 2009 will finally be awarded to contractors who will begin work in 2010...
Wetlands Stacking May Not Work
If you restore a stream, can you sell the individual environmental functions you restored separately? Carbon to one buyer, water quality to another, habitat to a third...
Business Underdogs Hold no Motivation Advantage
Members of a group or team will work harder when they’re competing against a group with lower status than when pitted against a more highly ranked group...
Agg1 Attendance Up
The co-located 2010 World of Asphalt Show & Conference and Agg1 Aggregates Forum & Expo bested last year's attendance figures despite the lingering economic downturn and a snowstorm in the host city, Cincinnati...
Mayors Want Infrastructure, Private Sector Help
As the Obama administration and congressional leaders from both parties continued to discuss federal job creation plans in February, the nation’s mayors have laid out their thoughts on what should be included in the plan. Along with more investment in public sector endeavors, such as repairing infrastructure...
Knife River Wins $31.4 million TxDOT project
Study: EPA Rules Impact Cement Industry
A study released by the Maguire Energy Institute at Southern Methodist University’s Cox School of Business shows that a proposed Environmental Protection Agency rule could add $340 billion in costs to the cement industry....
NSSGA Honors Rick Feltes at Annual Convention
The National Stone, Sand & Gravel Association named Richard J. (Rick) Feltes, Lafarge, AC&A Division, Eastern U.S., Elburn, Ill., as recipient of the 13th annual Barry K. Wendt Memorial Commitment Award for his dedication to the construction aggregates industry and his community....
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