July 30, 2014 – Congress is still trying to patch up the Highway Trust Fund. Yesterday, senators voted overwhelmingly, 71-26, to pass a bipartisan plan that was similar to the House bill, except in how it divided up funding sources. Later, the Senate trumped that first vote with another, setting up an even sharper contrast with the House, CNN reported.…
Read MoreMonth: July 2014
Off-Highway Diesel Prices
The national estimated average price-per-gallon for off-highway diesel fuel as of July 29 is $3.587. That is lower than the previous comparison price-per-gallon of $3.637.
Read MoreMartin Marietta Reports Record Second Quarter Sales
Martin Marietta Materials Inc. reported results for the second quarter ended June 30, 2014. The company is reporting record consolidated net sales of $601.9 million compared with $507.3 million versus last year’s second quarter.
Read MoreCat is Up, But Down
July 29, 2014 – Caterpillar’s second-quarter net income rose 4.1 percent, as the company earned $999 million, versus $960 million in last year’s second quarter. However revenue for the Peoria, Ill.-based company dropped 3.2 percent to $14.15 billion from $14.62 billion.The big issue? Mining equipment. That category fell 29 percent from a year ago in the second quarter. Sales to…
Read MoreEagle Materials Aggregates Revenue Rises
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2015 ended June 30, 2014. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior year’s first quarter):
Read MoreOntario to Invest $130 Billion in Infrastructure
Ontario is moving forward with its plan to build opportunity and security for the future. The 2014 Ontario Budget tabled by Minister of Finance Charles Sousa takes immediate action to create jobs by investing in a highly skilled workforce, building modern infrastructure and transportation networks, and supporting a dynamic and innovative business climate.
Read MoreConstruction Adds Jobs in June; Nonresidential Sluggish
The U.S. construction industry added 6,000 jobs in June, according to the Bureau of Labor Statistics (BLS) July 3 report; however, nonresidential construction added only 700 of those jobs and the heavy and civil engineering sector lost 700 jobs.
Read MoreLafarge Slag Cement Used at One World Trade Center
Taking advantage of innovative construction materials, the 104-story, 1,776-ft. One World Trade Center tower is designed to be the safest and most environmentally friendly commercial building in the world, according to Lafarge.
Read MoreNonmetallic Mineral Products Index Increases
The nonmetallic mineral products leading index increased 1.0 percent to 238.1 in June from a revised 235.7 in May, and its six-month smoothed growth rate increased to 5.4 percent from a revised 4.0 percent in May, according to USGS.
Read MoreKlüber Lubrication Multi-Purpose Lubricant
Klϋber Lubrication introduced Klübertemp GR AR 555, a multi-purpose lubricant offering exceptional corrosion protection and high evaporation stability, according to the company.
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