The Dodge Momentum Index grew 3.6 percent in December to 153.9 (2000=100) from the revised November reading of 148.6. 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 MoreYear: 2018
Cemex Files Lawsuit Against City Seeking to Stop Aggregates Operation
Cemex has filed a lawsuit against the city of Santa Clarita, Calif., claiming breach of contract, civil rights violations, breach of the implied covenant of good faith and fair dealing, and declaratory relief in response to city plans to annex the site of a sand-and-gravel mine in Soledad Canyon. The lawsuit maintains that the city tried to annex the site…
Read MoreGreat Lakes Limestone Shipments Rise in 2017
Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016, according to the Lake Carriers’ Association. The 2017 loadings were also 2.1 percent above the trade’s five-year average.
Read MoreUSGS: Production of Construction Materials Up 7 Percent
U.S. mine and plant production data for 14 selected mineral commodities are provided monthly (or quarterly) by the U.S. Geological Survey to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates.
Read MoreJCB Expands Into South Central Canada
Westcon JCB, headquartered in Regina, Saskatchewan, is the newest addition to JCB’s growing North American dealer network. The new dealer will sell, rent and service JCB equipment from branches in Regina and Saskatoon, Saskatchewan and Winnipeg, Manitoba. “Westcon is continually looking for new product lines, and we are pleased to now represent JCB construction products in Saskatchewan and Manitoba,” said…
Read MoreWatson Joins Summit Materials
Summit Materials Inc. announced that effective Jan. 8, 2018, Karl H. Watson Jr. has been appointed executive vice president and chief operating officer, succeeding Douglas C. Rauh. Tom Hill, CEO of Summit, stated, “We are very pleased to have Karl join Summit. I have known him for years and his depth and breadth of experience in our industry will add…
Read MoreConstruction Spending Rises; Highway Construction Falls
The U.S. Census Bureau announced that construction spending was estimated at a seasonally adjusted annual rate of $1,257.0 billion, 0.8 percent (±1.2 percent) above the revised October estimate of $1,247.1 billion. The November figure is 2.4 percent (±1.5 percent) above the November 2016 estimate of $1,227.0 billion.
Read MoreTransportation Advocate Shuster Will Not Run for Re-Election
House Transportation Committee Chairman Bill Shuster (R-Pa.) announced that he’s stepping down at the end of his term. Shuster has long been an advocate for the aggregates industry and transportation issues.
Read MoreNAM’s Timmons Discusses Infrastructure on Fox Business
Jay Timmons, president and CEO of the National Association of Manufacturers (NAM) and chairman of the board of The Manufacturing Institute, discussed infrastructure on Fox Business.
Read MoreLaHood Calls for Infrastructure Plan
Jan. 3, 2018 – Ray LaHood, former U.S. Secretary of Transportation and the current co-chair of the bipartisan advocacy group Building America’s Future, wrote a column for Newsweek calling for support for a common-sense infrastructure plan. “In order to address the dire condition of our infrastructure and start creating jobs, we need a bipartisan and strategic plan that provides long-term funding,” he wrote. “Revitalizing…
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