Liebherr USA Co.’s Construction Equipment division is the 2020 recipient of the Associated Equipment Distributors (AED) Foundation Partner Award. First presented in 2017, the award recognizes the distinguished service of a manufacturer or service provider that has offered significant contributions to the professional education goals of the foundation. AED Foundation leaders said Liebherr’s strong support for the organization’s fundraising gala,…
Read MoreDay: February 18, 2020
Vulcan Roars into 2020
Feb. 18, 2020 – Vulcan Materials just reported full-year revenues of $4.9 billion for 2019, up 12% as compared to the prior year, and net earnings of $618 million, an increase of 20%. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “In 2020, we expect another year of strong earnings growth. Vulcan-served markets should continue to benefit…
Read MoreVulcan Reports Strong Double-Digit Growth
Vulcan Materials Co. announced results for the quarter ended Dec. 31, 2019. Higher segment earnings in Aggregates and Asphalt helped drive 15% year-over-year growth in the company’s fourth quarter earnings from continuing operations.
Read MoreConstruction Starts Lower in January; Highways Up
Total construction starts slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data & Analytics. All three major categories moved lower in January – residential building starts fell 8%, nonresidential building lost 6%, and nonbuilding starts moved 2% lower.
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