July 31, 2020 – The Associated General Contractors of America likes coronavirus recovery measures recently announced in Congress, but makes a good point: infrastructure spending is the economic recovery the workforce needs right now. Association officials noted that new coronavirus recovery measures include provisions that can help construction firms rebuild their payrolls. These include liability reforms so construction firms that are protecting workers from the…
Read MoreMonth: July 2020
LafargeHolcim Calls North American Performance ‘Remarkable’
LafargeHolcim reported half-year sales of CHF$10.7 million versus CHF$13 million during the same period in 2019. North American sales of aggregates reached 45.2 million metric tons (Mt) in the first half of 2020 versus 45.7 Mt in the first half of 2019, a decline of 1.1%. Cement sales were off slightly while ready mixed sales were up.
Read MoreCat Sales and Revenues Plunge 31%
Caterpillar Inc. announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020,…
Read MoreEagle Reports Record Revenue, Including Aggregates Gains
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2021 ended June 30. The company is reporting record revenue of $428.0 million, up 15%.
Read MoreHouse Passes Water Resources Development Act of 2020
The House of Representatives passed H.R. 7575, a bill authorizing at least $8.6 billion in federal funds for 38 new Army Corps of Engineers construction projects, including flood and storm protection, river and port navigation and environmental restoration improvements.
Read MoreVulcan Posts Statement on Racism, Diversity
Vulcan Materials has posted a statement condemning racism on its website. The statement reads:
Read MoreGranite Relies on Digital Transformation, Limited Shared Touchpoints
As with so many industries, the COVID-19 pandemic has created new challenges for the construction-materials industry. Granite is being proactive in meeting these challenges.
Read MoreTotal Equipment Rebrands, Expands Vermeer Representation
Total Equipment, Inc., a full-line Vermeer Industrial dealer headquartered in Puerto Rico, has acquired the rights from Vermeer Caribbean to represent the Vermeer Industrial product line in the U.S. Virgin Islands, Haiti and the Dominican Republic.With this acquisition, the dealership will now operate under the brand of Vermeer Total Equipment. Company headquarters will remain in Puerto Rico, while the dealership offers the…
Read MoreRobert Dugan Named CalCIMA President/CEO
The California Construction and Industrial Materials Association (CalCIMA) named Robert Dugan to be its new president/chief executive officer. He succeeds Gary Hambly, who served as president/CEO from 2007 to July 2020. “We are excited to bring Robert on board since he brings a combination of issues management, government relations, and communications experience to the position, as well as knowledge of our…
Read MoreCEMEX Continues Fight for Soloedad Canyon Project
The decades-long battle over a CEMEX aggregates operation in the Santa Clarita Valley in California is far from over, even though the company’s second 10-year mining contract officially expires on July 31.
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