At a seasonally adjusted annual rate of $540.6 billion, new construction starts in August dropped 9 percent, according to McGraw Hill Construction, a division of McGraw Hill Financial. The decline followed July’s elevated volume, the strongest so far in 2014, and brought activity back to the average pace reported during the first seven months of this year.
Read MoreDay: September 21, 2014
W.S. Tyler, Haver Host Open House, Symposium
W.S. Tyler and its sister company Haver Filling Systems held an open house and technical symposium on Sept. 11 for more than 70 customers at Haver’s Conyers, Ga., office and warehouse complex. Rock Products Associate Editor Josephine Smith was the only aggregates industry editor at the event.
Read MoreHousing Starts Fall in August
Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000…
Read MoreCRH Seeking Lafarge, Holcim Assets
Irish cement maker CRH is exploring a bid for all the assets rivals Lafarge and Holcim must sell to steer their mega-merger past competition watchdogs, two sources familiar with the matter told Reuters.
Read MoreKomatsu Offers Articulated Truck
Komatsu’s Tier 4 Final engines are built on the solid foundation inaugurated in 1996 with the introduction of Komatsu’s Tier 1 engines. This new articulated dump truck leverages Komatsu’s leadership in technology and innovation by delivering a more environmentally friendly engine that provides high levels of performance while reducing fuel consumption and operating costs, the company said. With a 30.9-ton…
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