The Dodge Momentum Index rose in October, climbing 13.2 percent to 130.9 (2000=100) from the revised September reading of 115.6. 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 MoreMonth: November 2017
ALLU Adds Southwest Dealer
ALLU USA Inc. announced Sonoran Process Equipment Co. as its newest dealer for the full line of ALLU Transformer material processing attachments. The company not only provides sales and rental of ALLU’s unique screener crusher buckets and soil stabilizing equipment, but also complete aftermarket service and spare parts for customers in Nevada and Utah. “ALLU’s legacy of providing the highest…
Read MoreVictaulic to Introduce Industry’s First In-Line Maintenance Knife Gate Valve for HDPE Pipe
Victaulic, the world’s leading manufacturer of mechanical pipe-joining systems, will be introducing its new Series 906 Knife Gate Valve this month, the industry’s first in-line maintenance knife gate valve for HDPE pipe. The new valve simplifies installation and maintenance, reduces downtime and improves worker safety. The Series 906 Knife Gate Valve for HDPE Pipe is ideal for fluid lines containing…
Read MoreMartin Marietta Optimistic About Future
Martin Marietta Materials remains optimistic about the company’s long-term outlook given its continued ability to successfully execute its strategic business plans and the largely positive trends in the markets it serves. Given the skilled labor shortage, project delays and government uncertainty that has limited growth throughout the year, management has revised its guidance for full year 2017 as follows:
Read MoreMDU Resources’ Construction Materials Business Drops
MDU Resources Group Inc. reported third quarter earnings from continuing operations of $89.6 million, or 46 cents per share, compared to third-quarter 2016 earnings from continuing operations of $88.2 million, or 45 cents per share.
Read MoreCarbo’s Revenues Up 148 Percent Year-Over-Year
Carbo Ceramics Inc. reported financial results for the third quarter of 2017. The company is reporting:
Read MoreEmerge Energy Profit Grows in Third Quarter
Emerge Energy Services LP announced third quarter 2017 financial and operating results. The company is reporting net income of $5.0 million and diluted earnings per unit of $0.16 for the third quarter. Total volumes sold increased 6.3 percent sequentially to 1,480 thousand tons in the third quarter.
Read MoreHi-Crush Takes a Leap Forward in Third Quarter
Hi-Crush Partners reported third quarter 2017 results. Revenues for the third quarter of 2017 totaled $167.6 million on sales of 2,456,195 tons of frac sand. This compares to $135.2 million of revenues on sales of 2,112,516 tons of frac sand in the second quarter of 2017.
Read MorePattinson Sand Hosts Member of Congress, State Representative
On Oct. 18, 2017, U.S. Congressman Rod Blum (R-Iowa) and State Representative Kristi Hager toured the Pattison Sand Co. operations in Clayton, Iowa. Throughout the tour, they were able to learn more about the Sands and Aggregates business and the rail expansion project underway at the facility.
Read MoreThis Week’s Market Buzz
• Oil prices steadied near two-year highs and the market outlook remained upbeat as OPEC-led supply cuts tightened the market and drained inventories. Brent crude was up 3 cents at $60.51 per barrel. U.S. light crude was up 6 cents, or 0.1 percent, at $54.36, almost 30 percent above its 2017 lows in June. Confidence has been fueled by an…
Read More