March 5, 2019 – You heard it here first. Preliminary 2018 total aggregates production numbers have been published by the U.S. Geological Survey (USGS). The numbers were revealed in its just-released 2019 Mineral Commodity Summaries publication. In 2018, 1.40 billion tons of crushed stone valued at more than $16.6 billion was produced by an estimated 1,465 companies operating 3,710 quarries and 176 sales…
Read MoreMonth: March 2019
Astec Impact
March 5, 2019 – If you are seeking a barometer of the construction materials industry, Astec Industries is always a good place to look, as the company’s footprint is everywhere. Commenting on the company’s quarterly and full-year results, Richard J. Dorris, interim chief executive officer, stated, “We are pleased with the 17.4 percent growth in adjusted earnings for the full year. Our…
Read MoreEagle’s Powers Retires; Haack Promoted
Dave Powers Eagle Materials reported that the company’s CEO, Dave Powers, will retire as an officer of the company effective July 1. He will remain on the Eagle Materials board of directors. Michael Haack, president and COO, will succeed Powers as CEO. This move represents the culmination of a multi-year succession plan and a comprehensive set of transition preparedness steps undertaken…
Read MoreABB Ability MineOptimize Offers Maximum Connectivity
With digitalization at its heart, ABB Ability MineOptimize connects all electrification, automation and digital offerings to optimize all stages in the lifecycle – from design and build to operation and service – of any open pit or underground mine and minerals processing plant. ABB Ability MineOptimize is an innovative, comprehensive portfolio of optimized electrification, drives and automation solutions, optimized engineering,…
Read MoreTransportation Topics
March 4, 2019 – What we have here, is a failure to communicate. That is the view of several key transportation association executives, expressed during a recent roundtable session at the American Association of State Highway and Transportation Officials’ 2019 Washington Briefing. “It’s easy to talk about it, but hard to start advancing bills,” said Dave Bauer, president and CEO of…
Read MoreKnife River Acquires Oregon Construction Materials Firm
MDU Resources Group Inc.’s subsidiary Knife River Corp. acquired Viesko Redi-Mix, Inc., a ready-mix concrete supplier headquartered near Salem, Ore.
Read MoreIn Memoriam: Fred Gerstell
March 1, 2019 – The National Stone, Sand and Gravel Association (NSSGA) has informed us of the passing of A. Frederick Gerstell, who died Feb. 23, at the age of 81. Gerstell contributed greatly to the aggregates industry over his career with Alpha Portland Cement Co., California Portland Cement Co. and later as chairman and CEO of CalMat and Vulcan Materials. In 1999, he served…
Read MoreKnife River Adds New Texas Aggregates Deposits
MDU Resources Group Inc.’s subsidiary Knife River Corp. has acquired substantial additional aggregate deposits in Texas, which will augment existing company operations and enhance its ability to sell aggregates to third parties.
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