Martin Marietta Materials remains optimistic about the company’s long-term outlook given its continued ability to successfully execute its strategic business plans and the largely positive trends in the markets it serves. Given the skilled labor shortage, project delays and government uncertainty that has limited growth throughout the year, management has revised its guidance for full year 2017 as follows:
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White House to Back Gas Tax Hike?
Oct. 26, 2017 – The White House may back the first hike in the federal gasoline tax in decades in order to pay for President Trump’s $1 trillion infrastructure package. Trump’s economic adviser Gary Cohn told moderate House lawmakers that they’ll get a chance to vote on a gas tax hike early next year as part of an infrastructure bill, according…
Read MoreReports: Trump Says Tax Reform Can Pay for Infrastructure
President Trump told members of the tax-writing Senate Finance Committee that lawmakers can find funds to pay for a major infrastructure investment program out of a pending tax overhaul, and could perhaps combine those measures, according to the American Association of State Highway and Transportation Officials.
Read MoreNew Study Warns of Changing Climate’s Impact on Midwest Infrastructure
As intense weather events batter U.S. coastal cities and offshore islands, a new study from the Midwest Economic Policy Institute warns that the threat of climate change extends much farther inland, with potentially devastating impacts on transportation and infrastructure systems across the Midwest.
Read MoreGroups Advocate for Industry in Washington, D.C.
The National Stone, Sand and Gravel Association (NSSGA) and dozens of member companies advocated for the industry before Congress, the White House and U.S. Supreme Court in one single day.
Read MoreAED Delivers Message to Congress
Congress can no longer shirk its constitutional responsibility to invest in our country’s crumbling infrastructure, Associated Equipment Distributors’ (AED) President and CEO Brian P. McGuire told a House panel.
Read MorePCA Predicts Moderate Cement Growth
The latest Portland Cement Association (PCA) forecast of U.S. cement consumption sees year-over-year gains of 2.6 percent and 2.8 percent in 2017 and 2018, respectively, versus uniform 3 percent levels projected earlier this year.
Read MoreLet Me Tell You a Thing or Two
Oct. 2, 2017 – At the National Stone, Sand and Gravel Association’s Fall Legislative Policy Forum in Washington, D.C., I had the pleasure of meeting Rep. Rodney Davis of Illinois. We had a great discussion and I told him a thing or two – however there was really no need to, he is already a huge supporter of proper infrastructure funding.…
Read MoreConstruction Spending Rises; Highways Decline
Construction spending during August 2017 was estimated at a seasonally adjusted annual rate of $1,218.3 billion, 0.5 percent (±1.3 percent) above the revised July estimate of $1,212.3 billion, according to the U.S. Census Bureau.
Read MoreAggregates Producers Rock Capitol Hill
Hundreds of people from aggregates operations across the country took to Capitol Hill to ask representatives and senators to support infrastructure funding. More than 175 meetings were scheduled as part of The National Stone, Sand and Gravel Association’s (NSSGA) Legislative & Policy Forum/Fall Board Meeting.
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