March 7, 2020 – The National Stone, Sand and Gravel Association (NSSGA) is urging aggregates producers to support their state Department of Transportation (DoT). Without Federal assistance, state DoTs are vulnerable to disruption due to lack of funding resources. As our nation continues to adjust to the compounding impacts of the COVID-19 pandemic, it is imperative that state DoTs receive federal relief in response…
Read MoreMonth: May 2020
Dodge Momentum Index Trips on COVID-19 in April
The Dodge Momentum Index moved 6.0% lower in April to 135.9 (2000=100) from the revised March reading of 144.5. The Momentum Index, issued by Dodge Data & Analytics, 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. Both components of the Momentum Index pulled…
Read MoreC.W. Machine Worx Names VCES as Exclusive California Dealer
Ohio-based C.W. Machine Worx, Ltd. has appointed Volvo Construction Equipment & Services (VCES) as the exclusive distributor of its dust suppression products in California. VCES is a leading provider of construction equipment and services throughout California. By adding dust suppression equipment to its already diverse product line, VCES is strengthening its commitment to the safety of its customers, the public,…
Read MoreGCCA Releases New Industry Biodiversity Guidelines
The Global Cement and Concrete Association (GCCA) has published new guidelines aimed at further improving the biodiversity performance of the industry’s quarries. The guidelines support the association’s Sustainability Charter implementation and represent a collaborative effort by member companies to improve overall performance in biodiversity management and quarry rehabilitation.
Read MoreMidwestern Industries Engages in Advanced Screen Testing
Ensuring optimal and sustainable screening equipment processes, and productivity is vital for a vast range of processing industries. When investing in expensive capital screening equipment, therefore, it is critical to remove any guess work. Conducting advanced screening testing prior to this investment can provide end users with essential quantitative data to protect their investment. This is critical to accomplishing long-term…
Read MoreVulcan’s Hill Addresses COVID-19
May 6, 2020 – Tom Hill, chairman and chief executive officer of Vulcan Materials Co., weighed in on COVID-19 and its impact on the company’s operations in its just-released quarterly report. “The impact from the COVID-19 global pandemic continues to evolve quickly, and it is too early to estimate accurately the full-year impact on aggregates demand,” he said. “Because we have…
Read MoreVulcan Revenues Top $1 Billion in First Quarter; Aggregates Sales Up
Vulcan Materials Co. reported first-quarter total revenue of $1.05 billion, versus $996.5 million for the same period in 2019. First quarter Aggregates segment sales increased 4%, and gross profit increased 5% to $194 million, or $4.31 per ton. These improvements resulted from growth in shipments in certain key markets and wide-spread growth in pricing, the company stated.
Read MoreMarch Construction Spending Holds Steady
The U.S. Census Bureau reported that construction spending during March 2020 was estimated at a seasonally adjusted annual rate of $1,360.5 billion, 0.9% (±0.8%) above the revised February estimate of $1,348.4 billion. The March figure is 4.7% (±1.3%) above the March 2019 estimate of $1,299.1 billion.
Read MoreU.S. Concrete Aggregates Volumes Increase in First Quarter
U.S. Concrete Inc. reported results for the quarter ended March 31, 2020. The company’s first-quarter 2020 results compared to first-quarter 2019 include:
Read MoreMartin Marietta Looks Ahead
May 5, 2020 – Martin Marietta Materials, in its first-quarter report, said that of the company’s three primary end uses, the outlook for infrastructure construction, particularly for aggregates-intensive highways and streets, is expected to be the most near-term resilient. While the majority of the United States has currently been ordered to shelter in place, most state Departments of Transportation (DOTs) are currently…
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