Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues.
Read MoreMonth: June 2014
MSHA Reports on May Impact Inspections
U.S. Department of Labor’s Mine Safety and Health Administration announced that federal inspectors issued 172 citations, 21 orders and two safeguards during special impact inspections conducted at 10 coal mines and two metal and nonmetal mines in May.
Read MoreTRIP Releases Oklahoma Report
Oklahoma has been able to significantly improve road and bridge conditions and boost highway safety in recent years, largely through increased transportation funding provided from the state legislature since 2005, reversing a decades-long trend of deteriorating roads and bridges and increasing fatalities.
Read MoreBritton Industries Expands
Britton Industries‘ has opened a new location in Philadelphia, expanding its position as a leading producer and supplier of organic mulch, topsoil, leaf compost and crushed concrete products in Central New Jersey and Southeast Pennsylvania. Britton stated it is proud of its 100-percent recovery rate of the recyclable material brought into each of its facilities as there is no leftover…
Read MoreConstruction Materials Prices Hold Steady
Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the U.S. Department of Labor. Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago.
Read MoreConstruction Employment Still Increasing
Construction employment expanded in 218 metro areas, declined in 72 and was stagnant in 49 between May 2013 and May 2014, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials warned that job losses could spread to more metros unless policy makers in Washington quickly agree on providing new funding…
Read MoreConveyor Components Co. Programmable Motion Control
The new Model MSD-800 series motion-sensing controls from Conveyor Components Co. offer affordable and reliable protection of indoor and outdoor rotating equipment such as screw conveyors, belt conveyor pulleys, rotary feeders and bucket elevators from costly damage by continuously monitoring rotary speed.
Read MoreHillhead a Smashing Success
June 29, 2014 – The Hillhead show in Buxton, England, came out of the gates strong. With economic recovery gathering momentum, particularly in the UK, and confidence returning to the mineral products industry, the organizers of Hillhead 2014 reported that total attendance at this year’s event was 17,559. Rock Products Sales Director Sean Carr was there, and reported back that…
Read MoreThis Week’s Market Buzz
Workers for U.S. Silica Co. recently began building a transloading and storage facility off East Loop 338 in south Odessa, Texas, capable of storing 20,000 tons of frac sand to service the surging oil and gas production of the Permian Basin, according to OA Online. Company officials expect to finish the roughly $12 million facility – permitted by city officials…
Read MoreRainmaker, Arkansas Silica Strike Deal
Rainmaker Resources (RMR) concluded a deal by way of a binding Letter Agreement with Arkansas Silica LLC (ASL) to option the 304-acre Bray frac sand property in Northeast Arkansas. ASL currently has a purchase option on the property from the landowners. RMG has tested and assessed the initial potential and plans to deliver an NI 43-101 resource estimate in 90-120…
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