A ranking of the top U.S. metropolitan areas by the dollar amount of new commercial and multifamily construction starts reveals the New York City metropolitan area leading the nation during the first half of 2015, according to Dodge Data & Analytics.
Read MoreMonth: August 2015
Eagle Materials Reports Higher Aggregates Volume
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2016 ended June 30, 2015. Notable items for the quarter include (all comparisons, unless otherwise noted, are with the prior year’s first quarter):
Read MoreTerex to Merge with Konecranes
Terex Corp. and Konecranes Plc jointly announced that their respective boards of directors have unanimously approved a definitive business combination agreement and the resulting all-stock merger of equals.
Read MoreACG Materials Continues Expansion with Acquisition
Norman, Okla.-based ACG Materials has acquired Art Wilson Co. (AWC), an anhydrite, gypsum and limestone producer with a quarry and downstream production facility in Carson City, Nev., and additional owned reserves under development nearby.
Read MoreDunne Joins NSSGA Communications Staff
Patrick Dunne joined the National Stone, Sand & Gravel Association (NSSGA) as director of communications, and will lead the day-to-day communications efforts for the association. “Our industry must have a strategic communications plan that educates policymakers and the public about the aggregates industry – an industry that creates jobs and builds an infrastructure for economic growth in America,” said Michael…
Read MoreMSHA Alert on Bins and Hoppers
August 10, 2015 – MSHA has issued a special alert on steel storage bins and hoppers. Steel storage bins can hold a large amount of material and if they fail, the consequences can be fatal, the agency said. From 2012 to 2014, there have been 5 reported failures in the U.S. mining industry. Bin failures are often preventable with periodic inspection and…
Read MoreBill Introduced to Raise Gas Tax
Sen. Tom Carper (D-Del.) has introduced the Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act (TRAFFIC), which would raise the country’s gasoline and diesel taxes, and also extend and expand tax credits that are critical to hard-working American families.
Read MoreTerex Finlay Debuts Tracked Mobile Cone Crusher
The C-1545 cone crusher is the latest addition to the Terex Finlay range of tracked mobile cone crushers. The mid-range Terex Finlay C-1545 offers operators a high capacity and aggressive cone crusher for the surface ore mining and aggregate industries. This efficient and highly productive machine incorporates the new Terex TC1150 cone crusher with direct variable speed clutch drive, automatic…
Read MoreDodge Momentum Index Rebounds in July
The Dodge Momentum Index rose to 125.3 (2000=100) in July, up 5.4 percent from its June reading of 118.9 according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreVantaCore Drives Natural Resource Partners’ Q2 Success
Natural Resource Partners L.P. reported second quarter 2015 revenues and other income of $137.6 million compared to $90.6 million for 2014. Net income attributable to the limited partners for the second quarter of 2015 was $30.7 million, or $0.25 per unit, versus $30.8 million, or $0.28 per unit, for 2014.
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