FIRST LOOK – JULY 2018

New TRIP Report Targets Georgia New TRIP report, “Modernizing Georgia’s Transportation System: Progress & Challenges in Providing Safe, Efficient and Well-Maintained Roads, Highways & Bridges,” lists needed projects throughout the state that still lack sufficient funding to proceed prior to 2022. Midwest Materials Purchased Pioneer Landscape Centers acquired Midwest Materials in the company’s second transaction of the year. The acquisition…

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Vulcan Materials Announces Chief Financial Officer Succession Plan

Vulcan Materials Co. announced a succession plan for the chief financial officer position. The company has named Suzanne H. Wood as senior vice president and chief financial officer, effective Sept. 1, 2018. Wood will succeed John R. McPherson, currently executive vice president, chief financial and strategy officer. 

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Dodge Momentum Index Moves Higher in June

The Dodge Momentum Index grew 0.8 percent in June to 165.5 (2000=100) from the revised May reading of 164.2. 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. 

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Komatsu Introduces WA480-8 Wheel Loader

Komatsu America Corp. introduced its new WA480-8 wheel loader. Equipped with an EPA Tier 4 Final certified emissions regulations-compliant engine, this latest addition to the wheel loader family combines higher production with lower fuel costs, improved operator comfort and enhanced serviceability. New operator-friendly design features include the optional advanced joystick steering system (AJSS), which eliminates the steering wheel, and with…

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Lafarge SA Under Investigation

July 8, 2018 – This case is getting ugly. LafargeHolcim’s subsidiary Lafarge SA has been placed under formal investigation in France over allegations it financed terrorist groups, and aided and abetted crimes against humanity in a bid to continue operating in Syria, according to news reports. A panel of examining magistrates presiding over the case relating to the operation of the…

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Fairbanks Scales Names Gerhart as a Top Domestic Distributor

Fairbanks Scales Inc., the oldest scale company in the U.S., announced that Allentown, Pa.-based Gerhart has been named one of Fairbanks’ Top Five Authorized Domestic Distributors for the second year in a row. Gerhart has been a Fairbanks Scales authorized distributor since it was established in 1929. The company delivers turnkey installation, repair, maintenance, certification and calibration solutions for weighing systems…

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