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.
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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 MoreU.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 MoreProducers Tout Drone Inventory Management From Kespry
Kespry announced the availability of enterprise-grade inventory management for mining and aggregates companies. This new offering maximizes profitability by enhancing the ability to monitor, reconcile and manage inventory data across sites, product lines and divisions. Additionally, Kespry users can now reconcile data from their drone surveys with data from ERP and other systems of record for production and sales data,…
Read MoreCemex U.S. Operations Up 11 Percent
Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 8 percent during the third quarter of 2018 to $3.7 billion versus the comparable period in 2017. Cemex’s operations in the United States increased sales 11 percent.
Read MoreAggregates Shipments Spike Higher on St. Lawrence Seaway
Total cargo shipments via the St. Lawrence Seaway from March 29 to Sept. 30 reached 25.7 million metric tons, up 4.1 percent over the same time period in 2017.
Read MoreLooking Ahead With Caution
Oct. 16, 2018 – At the Intercem Americas conference in Miami, Colin Sutherland, president of SC Market Analytics, talked about infrastructure market dynamics that will impact both the cement and aggregates industries. Chief among these are a rising fed funds rate, full employment, super-stimulative fiscal policy, rising minimum wage, rising oil prices and tariff driven materials price increases. The industries may…
Read MoreAggregates Operations Honored With Sentinels of Safety Award
The National Mining Association (NMA), the U.S. National Institute of Occupational Safety and Health (NIOSH), U.S. Department of the Interior’s Office of Surface Mining Reclamation and Enforcement (OSMRE) and Bureau of Land Management (BLM), honored outstanding achievements in mine safety, environmental stewardship and technology. The awards ceremonies took place on Sept. 27, in Washington, D.C.
Read MoreAggregates Executives Nye, Hill, Lake Among ARTBA Officers
The American Road & Transportation Builders Association (ARTBA) announced the election of its 2018-2019 officers during an Oct. 1 annual business meeting at the association’s national convention in New York City.
Read MoreMDU Resources Group Acquires Sweetman Construction Co.
MDU Resources Group Inc. has acquired Sweetman Construction Co., a premier provider of aggregates, asphalt and ready-mix concrete in the Sioux Falls, S.D., market.
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