Michael W. Johnson, National Stone, Sand and Gravel Association (NSSGA) president and CEO, spoke at a press conference during the U.S. Chamber of Commerce’s “America’s Infrastructure: Time to Modernize” event.
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Gina Olivo Joins Curry Supply
Curry Supply Co. announced that Gina Olivo has joined the organization as strategic account manager. Olivo comes to the company with more than six years of experience in the rental and construction industry from a global company specializing in equipment fleet tracking and recovery systems. Her previous positions included strategic account manager, commercial technology specialist and commercial account manager. “I’m…
Read MoreEconomic Panel Predicts Housing Will Continue to Gain Ground
The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando.
Read MoreFisher Sand & Gravel Proposes Building Safe, Long-Lasting Border Wall
Fisher Sand & Gravel Co. (DBA Fisher Industries) said a durable border protection system along the American-Mexican border of the United States can be built at an affordable cost, within a briefer timeframe and provide better protection.
Read MoreDodge Momentum Index Ends 2017 on High Note
The Dodge Momentum Index grew 3.6 percent in December to 153.9 (2000=100) from the revised November reading of 148.6. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreJCB Expands Into South Central Canada
Westcon JCB, headquartered in Regina, Saskatchewan, is the newest addition to JCB’s growing North American dealer network. The new dealer will sell, rent and service JCB equipment from branches in Regina and Saskatoon, Saskatchewan and Winnipeg, Manitoba. “Westcon is continually looking for new product lines, and we are pleased to now represent JCB construction products in Saskatchewan and Manitoba,” said…
Read MoreConstruction Jobs Increase in 40 States
Forty states added construction jobs between November 2016 and November 2017, while 39 states added construction jobs between October and November, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that firms in most states are adding jobs amid expectations that demand will continue to grow thanks to new tax cuts…
Read MoreSingle-Family Housing Starts Rise in November
Nationwide housing starts rose 3.3 percent in November to a seasonally adjusted annual rate of 1.297 million units after a downwardly revised October reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This month’s reading is a post-recession high.
Read MoreNatural Resource Partners Aggregates Business Up
Natural Resource Partners L.P. (NRP) reported third quarter 2017 net income of $26.1 million and net income attributable to the common unitholders and general partner of $18.4 million, which equated to $1.48 and $1.07 basic and diluted net income per common unit, respectively. NRP also generated Adjusted EBITDA of $58.1 million.
Read MoreDodge Momentum Index Surges
The Dodge Momentum Index surged again in November, climbing 13.9 percent to 149.5 (2000=100) from the revised October reading of 131.3. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
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