Superior Expands Washing Equipment Offering, Releases New Sand Plant

Superior Industries Inc. added another solution for sand production and fines recovery to its growing product portfolio, the Spirit Sand Plant. The unit’s configuration includes a cyclone, dewatering screen, sump tank and slurry pump to classify and produce salable manufactured sand. According to Superior engineers, the incorporated hydrocyclone is designed with longer-lasting materials. For example, 12-in. and 16-in. models are…

Read More

New Home Sales Fall 3.4 Percent in August

Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the lowest sales reading since December 2016. However, year-to-date, new home sales are…

Read More

Dodge Momentum Index Declines in September

The Dodge Momentum Index fell in September, moving 8.4 percent lower to 116.4 (2000=100) from the revised August reading of 127.1. 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 More

This Week’s Market Buzz

• Oil prices finished higher at press time, buoyed by talk of an extension for a deal to cut output, a bigger-than-expected drop in U.S. crude supplies, and concerns about production as a potential hurricane approaches the Gulf of Mexico. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 81 cents, or 1.6 percent, to settle at…

Read More
1 6 7 8 9