Construction spending is at record levels for the second straight month in March and is up 4.9 percent for the first three months of year compared to the same period in 2016, despite dipping slightly compared to February, according to an analysis by the Associated General Contractors of America. Association officials said many firms are eager to see details of…
Read MoreMonth: May 2017
Summit Materials’ Aggregates Revenues Spike Higher in First Quarter
Summit Materials Inc. announced results for the first quarter 2017. For the three months ended April 1, 2017, the company reported a net loss of $52.4 million, compared to a net loss of $21.1 million in the prior-year period. On an adjusted basis, Summit reported a net loss of $54.8 million, versus a diluted net loss of $42.5 million in…
Read MoreRecent Deaths of Miners Working Alone Spurs MSHA Action
In the first three months of 2017, five miners died in accidents that occurred when they were working alone on mine property. To raise awareness of the potential dangers in doing so, the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) has launched an initiative to focus on the hazards miners may encounter when they work in areas…
Read MoreGreat Lakes Limestone Trade Down in April
Shipments of limestone on the Great Lakes totaled 1,630,081 tons in April, a decrease of 16.3 percent compared to a year ago. Loadings also trailed the month’s five-year average by 22.4 percent, according to the Lake Carriers’ Association.
Read MoreMartin Marietta Off to Strong Start in 2017
Martin Marietta Materials Inc. reported strong results for the first-quarter ended March 31, 2017. The company achieved record consolidated net sales of $791.7 million, an increase of 7.9 percent compared with $734.0 million in the prior-year’s first quarter.
Read MoreTrump Would Consider Gas Tax Hike
May 1, 2017 – President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations. “It’s something that I would certainly consider,” Trump said in an interview with Bloomberg News in the Oval Office, noting that the idea is supported by truckers.…
Read MoreMSHA Issues New Serious Accident Alert
The Mine Safety and Health Administration (MSHA) has issued a new Serious Accident Alert. A miner was operating a portable crusher when a large rock fell striking him on the left side of his head. The miner was wearing a hard hat at the time. The miner was taken to the hospital and released later that day.
Read MoreMetso Adds PacWest Machinery to Distributor Network
Metso continues to strengthen its North American distributor network with the recent addition of Seattle-based PacWest Machinery. The dealer will offer Metso’s crushing and screening products to all customer segments (Quarry, Contractor and Recycle) in eastern Washington, northern Idaho and northeastern Oregon. In addition, PacWest Machinery will offer Metso’s crushing and screening products to Contractor and Recycle customers in western…
Read MoreCST Industries Offers TecTank FP for Dry Bulk Storage
Building on a more than 100-year legacy as one of the world’s leading bolted steel tank, silo and aluminum dome manufacturers, CST Industries expanded its product portfolio with TecTank FP, a jackable flat-panel bolted tank for the dry bulk marketplace. TecTank FP was designed based on the heritage of designs from Peabody TecTank, Columbian Steel Tank and Columbian TecTank. With…
Read MoreAcosta Confirmed as Secretary of Labor
The U.S. Senate has confirmed Alexander Acosta to be the next Secretary of Labor. Democratic senators Catherine Cortez-Masto (Nev.), Heidi Heitkamp (N.D.), Angus King (Maine), Joe Manchin (W.Va.), Claire McCaskill (Mo.), Bob Menendez (N.J.), Bill Nelson (Fla.), Jon Tester (Mont.) and Mark Warner (Va.) joined with all Republicans to confirm Acosta by a vote of 60-38.
Read More