Peckham Industries Names Murphy CEO

Peckham Industries Inc.’s board of directors named Damian Murphy as the company’s new chief executive officer, effective April 12, 2021. He will also serve as a member of the company’s board of directors. Murphy has more than 25 years of experience in the construction materials sector, working with both public and privately held companies.

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MDU Resources Achieves Record Construction Materials Revenue

MDU Resources Group Inc. announced that earnings increased 16% in 2020 to $390.2 million, or $1.95 per share, compared to 2019 earnings of $335.5 million, or $1.69 per share. In the fourth quarter, the company’s earnings were $112.3 million, or 56 cents per share, compared to $95.1 million, or 47 cents per share, in 2019.

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Material Shortages, Price Increases

Nov. 24, 2020 – According to Ken Simonson, chief economist for Associated General Contractors of America (AGC), selective materials shortages and price increases continue to affect contractors. AGC has received reports of cement shortages in California and Utah. Participants in the October ABI survey also reported problems. Overall, six in 10 responding firms this month indicated that they have seen some degree of…

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Arcosa Sees Spike in Construction Materials Business

Arcosa Inc. reported that total revenues increased 15% to $498.5 million in the second quarter. Construction materials revenues increased 28% to $148.2 million in the second quarter, driven primarily by the acquisition of Cherry Industries. “In our legacy construction aggregates businesses, natural aggregates revenues were higher due to a robust increase in volume, partially offset by weakness in our plants…

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