Construction consultancy FMI issued a report on “Managing Risk in the Digital Age,” based on a survey of participants in the Associated General Contractors of America’s 2018 Surety Bonding and Risk Management Forum.
Read MoreMonth: August 2018
Lakes Limestone Trade Strong Again in July
Shipments of limestone on the Great Lakes totaled 3,985,544 tons in July, an increase of 3.1 percent compared to a year ago. The trade also bettered the month’s five-year average by 5.5 percent, according to the Lake Carriers’ Association.
Read MoreCASE Expands North American Dealer Network
CASE Construction Equipment announced several dealer territory expansions in North America as the company continues to strengthen its nationwide dealer network. Existing dealers have made significant developments in their presence in Connecticut, Indiana, Florida, Michigan and Mississippi, while a new CASE dealer has been activated in northern Michigan. “The continued evolution of our dealer footprint in North America is focused entirely…
Read MoreFairbanks Scales Offers Six New FB6000 Weighing Instrument Models
Fairbanks Scales Inc. announced six new scale instruments based on the industry-leading FB6000 design. The new instruments are ideal for a variety of weighing applications, including floor, blender, tank, truck, hopper and rail scales. The new FB6005, FB6006 and FB6007 models are analog instruments and the FB6015, FB6016, and FB6017 instruments feature Intalogix Technology, the industry leading load cell diagnostics…
Read MoreTHUD Bill Provides $49.3 Billion for Critical Highway Infrastructure
The U.S. Senate voted to approve a more than $154 billion “minibus” funding bill – H.R. 6147 – on Aug. 1 by a vote of 92 to 6; a bill that wrapped together four separate spending bills into a single package, including the fiscal year 2019 Transportation, Housing and Urban Development or THUD bill approved by the Senate Appropriations Committee back on June…
Read MoreConstruction Spending Dips in June; Highways Up Year-to-Date
The U.S. Census Bureau announced that construction spending during June 2018 was estimated at a seasonally adjusted annual rate of $1,317.2 billion, 1.1 percent (±1.0 percent) below the revised May estimate of $1,332.2 billion. The June figure is 6.1 percent (±1.6 percent) above the June 2017estimate of $1,241.3 billion.
Read MoreMDU Resources Group Sees Construction Materials Growth
MDU Resources Group Inc. reported second quarter earnings from continuing operations of $44.1 million, or 22 cents per share, compared to second quarter 2017 earnings from continuing operations of $43.8 million, or 22 cents per share. Including discontinued operations, MDU Resources reported second quarter earnings of $43.8 million, or 22 cents per share, compared to $40.6 million, or 21 cents…
Read MoreWhat About Us?
Aug. 4, 2018 – Then there is this news item. Australia will work with Japan and the United States to invest in infrastructure development and other projects in the Indo-Pacific region. The three countries formed a partnership for that purpose, judging that “more support is needed to enhance peace and prosperity in the Indo-Pacific region,” the Australian government said in a…
Read MoreNational Parks Infrastructure Efforts in Spotlight
Highlighting the need to repair and rebuild our parks, U.S. Secretary of the Interior Ryan Zinke spoke at a bipartisan event at the Belmont-Paul Women’s Equality National Monument in Washington, D.C. The focus of the event was on fixing and preserving national park infrastructure and the $11.6 billion maintenance backlog currently facing our nation’s 417 national parks.
Read MoreSummit Materials Aggregates Revenues Rise in Second Quarter
Summit Materials Inc. announced results for the second quarter 2018. For the three months ended June 30, the company reported basic earnings per share of $0.32 on net income attributable to Summit Inc. of $35.5 million, compared to basic earnings per share of $0.46 on net income attributable to Summit Inc. of $50.0 million in the prior-year period.
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