May 12, 2020 – According to Associated General Contractors (AGC) of America’s Economist Ken Simonson, construction technology firm Procore released an analysis of the decline in construction work hours since March 1 by week, state, project type and contractor revenue size, based on hours tracked by Procore clients. Hours totaled 14.0 million (representing roughly 400,000 employees) during the week of March 1. The data shows…
Read MoreMonth: May 2020
New Enterprise CFO Stone to Retire
New Enterprise Stone & Lime Co. Inc. (NESL) announced the planned May 31, 2020, retirement of Al Stone, the company’s chief financial officer. The company is conducting a formal search for his replacement, which includes internal and external candidates. While the search is undertaken, the role of interim CFO will be shared by Paul Detwiler III and several members of the company’s…
Read MoreRural Roads Report Details Ominous Conditions
America’s rural transportation system is in need of repairs and modernization to support economic growth and improve traffic safety in the nation’s Heartland, but the United States faces a $211 billion backlog in funding for needed repairs and improvements to the rural transportation system. This is according to a new report released by TRIP, a national transportation research nonprofit.
Read MoreThe Sunrock Group Acquires Canadian Reserves
The Sunrock Group, a privately held construction materials supplier headquartered in Raleigh, N.C., has acquired an existing quarry with 1,400 acres of high-quality aggregate reserves from Brazil-based Votorantim Cimentos’ North American business unit Canada Building Materials/St. Mary’s Cement.
Read MoreMDU Construction Materials Business Down in First Quarter
MDU Resources Group Inc. reported first quarter earnings of $25.1 million, or 13 cents per share, compared to first quarter 2019 earnings of $40.9 million, or 21 cents per share.
Read MoreSandvik Introduces Peak Screening
Peak Screening from Sandvik is a complete package offer and performance concept designed to ensure every square foot of a customer’s screening is as productive as it can be for their unique operation. Most screening operations, even when they look fine, are capable of more. Often much more. Peak Screening is our term for a complete screening solution, including the…
Read MoreCEMEX Funds Development of Personal Protective Equipment
CEMEX USA announced a grant award by its philanthropic arm, the CEMEX Foundation, to Houston-based nonprofit TX/RX Labs to fund efforts to develop and make critically-needed personal protective equipment (PPE) such as face masks, face shields and intubation boxes to aid medical professionals, first responders – including police, firefighters and other public servants – and community members in the fight…
Read MoreStedman Machine Company Offers Heavy Duty 6-Row Cage Mill
The new Stedman Heavy Duty 6-row cage mill addresses an opportunity for finer grinding equipment at a lower cost. Stedman has numerous 6-row cage mills in non-abrasive applications: aglime, lime (hydrated, quick-lime), cement and more. Wear parts perform well in these applications. In materials with some abrasiveness, the Heavy Duty 6-row is an innovative extension of this well-established product line.…
Read MoreAED Urges State Governors Not to Cut Road Projects
The Associated Equipment Distributors (AED) delivered letters to the nation’s 50 state governors, highlighting the importance of transportation infrastructure projects and encouraging them to refrain from decreases in planned investments.
Read MoreGranite Says Financial Drivers Healthy, Stable
Granite Construction Inc. provided an update regarding the company’s operations and the impacts of the COVID-19 pandemic along with first quarter 2020 preliminary select financial information.
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