Nationwide housing starts fell 2 percent to a seasonally adjusted annual rate of 1.065 million units in January, according to newly released data from the U.S. Commerce Department. This drop was mainly due to a 22.2 percent decrease in the Midwest.
Read MoreDay: February 18, 2015
Associations Spar on Asphalt Prices
Despite falling oil prices, the cost of paving with asphalt continues to rise across the U.S., according to a recent analysis from the Portland Cement Association (PCA). PCA stated that asphalt prices have reached record highs during the last six months.
Read MoreCole Named Bridgestone Commercial President
Bridgestone Commercial, a division of Bridgestone Americas Tire Operations (BATO), announced the appointment of a new president in the commercial tire division. As president, Commercial OTR, Taylor Cole will be responsible for leading Bridgestone’s North American commercial and strategic direction. Cole will be instrumental in harnessing resources for continued growth of the division, solidifying Bridgestone’s commitment to the mining, construction,…
Read More