Terex MPS will re-launch the Simplicity brand at ConExpo-Con/Agg 2017. “Simplicity, A Terex Brand,” will operate under the Terex MPS umbrella. Terex MPS believes there is considerable benefit to be gained by relaunching the Simplicity brand as part of the evolution of their business organization. Simplicity has a strong legacy brand name and this move will strengthen the market position…
Read MoreYear: 2017
Dr. Joseph Schofer
Dr. Joseph L. Schofer, associate dean and professor of civil and environmental engineering at Northwestern University’s McCormick School of Engineering, is the 2017 recipient of the American Road & Transportation Builders Association’s (ARTBA) prestigious S.S. Steinberg Award. He was honored Jan. 9 during the association’s annual Research & Education Division (RED) meeting in the nation’s capital. Named after the founding…
Read MoreDodge Momentum Index at Eight-Year High
The Dodge Momentum Index increased 2.9 percent in December to 136.7 (2000=100) from its revised November reading of 132.8. 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 MoreU.S. Limestone Shipments Down; Canadian Up on Great Lakes
Shipments of limestone on the Great Lakes totaled 26.3 million tons in 2016, a decrease of 9.3 percent compared to 2015, according to the Lake Carriers’ Association. Loadings for 2016 were also 5.3 percent below the trade’s five-year average.
Read MoreVulcan to Acquire Tennessee Operations
Vulcan Materials Co. has signed an asset purchase agreement to acquire Lebanon, Tenn.-based LoJac Holdings Corp.’s asphalt, construction, safety and Monterey operations, according to The Tennessean.
Read MoreSummit Materials Acquires Colorado, Arkansas Operations
Summit Materials Inc. entered into definitive agreements to acquire Colorado-based Everist Materials, LLC and Arkansas-based Razorback Concrete Co., subject to customary closing conditions. Both transactions are expected to close on or before Feb. 28, 2017.
Read MoreConstruction Spending Highest in 10 Years
Gains in all three major construction categories pushed total construction to its highest point since April 2006 when a housing expansion fueled a building boom.
Read MoreTerex Completes Sale of Business Units
Terex Corp. completed the sale of its Material Handling and Port Solutions business to Konecranes Plc for $595 million and €200 million in cash, and a million newly issued class B shares representing a 25 percent interest in Konecranes. “We believe that the Konecranes-MHPS combination represents compelling industrial logic that will deliver significant value to Konecranes customers, team members and…
Read MoreNSSGA Pushes Back on Workplace Exam Rule
Jan. 4, 2017 – In a last-ditch effort to thwart the Obama administration’s push of a deeply flawed MSHA workplace exams proposal, NSSGA officials met with the White House’s Office of Management and Budget’s Office of Info and Regulatory Information (OIRA) to stress that the rule is not necessary and that current regulations are sufficient to protect workers in quarries.…
Read MoreNSSGA Looks Forward to New Congressional Activity
The National Stone, Sand and Gravel Association (NSSGA) is looking forward to a new Congress and session. For the first time in 88 years, a Republican majority in both the House of Representatives and the Senate will welcome a new president of the same party.
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