The American Association of State Highway and Transportation Officials (AASHTO) said it is pleased with the unveiling of the U.S. Department of Transportation’s Build America Transportation Investment Center (BATIC). The center is a resource for states, municipalities and project sponsors looking to utilize federal transportation expertise, apply for federal transportation credit programs and explore ways to access private capital in…
Read MoreDay: November 19, 2015
CRH North American Business Spikes Higher
Irish building materials group CRH, owner of Oldcastle, expects strong growth in the United States to drive an increase in full-year earnings of around 25 percent, and more when a string of recent acquisitions are included.
Read MorePolaris: Profits Up, Aggregates Sales Down
Polaris Materials Corp. reported the financial results for its third quarter ending Sept. 30, 2015. It’s third-quarter gross profit of $1.6 million was an increase of 116 percent over the same period in the previous year.
Read MoreMultifamily Drop Pushes Housing Starts Down
Led by a steep drop in multifamily production, nationwide housing starts fell 11 percent to a seasonally adjusted annual rate of 1.06 million units in October, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Multifamily starts declined 25.1 percent to a seasonally adjusted annual rate of 338,000 units while single-family…
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