June 18, 2020 – Time to get those ships sailing and ports moving. Shipments of limestone on the Great Lakes totaled 3.5 million tons in May, a decrease of 18.1% compared to a year ago, according to the Lake Carriers’ Association. May’s loadings were also below the month’s five-year average by 8.7%. Loadings from U.S. quarries totaled 2.7 million tons, a decrease of 20.3% compared to a year ago. Shipments…
Read MoreDay: June 18, 2020
COVID-19: A U.S. Manufacturer’s Perspective
By Alex D. Kanaris VDG has been designing and manufacturing drum motors for belt conveyors used in food processing, supply chains, pharmaceutical, postal/parcel, aggregate and mining industries since 1985. All of the components used in our drum motors are manufactured in-house, using American materials and American labor. How Did We Get Here? Our ongoing challenge is that although our product…
Read MoreHousing Starts, Permits Rise in May
In a sign that the housing market continues to show forward momentum, single-family permits posted an 11.9% gain in May, while total housing starts increased 4.3% to a seasonally adjusted annual rate of 974,000 units, according to a report from the U.S. Housing and Urban Development and Commerce Department.
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