CEMEX, S.A.B. de C.V. announced results for the third quarter of 2020 with all regions showing increasing profitability. EBITDA not only recovered from COVID-19 disruptions of the prior quarter but grew double-digit on a year-over-year basis.
Read MoreDay: October 28, 2020
Summit Aggregates Segment Hangs Tough
Oct. 28, 2020 – Summit Materials reported that net revenue increased $38.5 million to $1,562.9 million in the nine months ended Sept. 26, primarily resulting from organic growth in aggregates and ready-mix concrete. Aggregates sales volumes increased 3.1% in the third quarter 2020 when compared to the prior-year period on higher volumes in Texas, partially offset by lower volumes in Missouri, Kentucky and British Columbia. Average…
Read MoreSummit Materials Reports Mixed Results for Third Quarter
Summit Materials Inc. announced results for the third quarter of 2020. For the three months ended Sept. 26, the company reported net income attributable to Summit Inc. of $90.7 million, or $0.79 per basic share, compared to net income attributable to Summit Inc. of $55.8 million, or $0.50 per basic share in the comparable prior-year period. Summit reported adjusted diluted net income…
Read MoreThe New MCR8T Radial Piston Motor from Bosch Rexroth
Bosch Rexroth is expanding its range of direct drives for compact tracked loaders (CTL) and other tracked vehicles with the new MCR-T radial piston motor in frame size 8. The MCR8T represents the latest development in direct drive CTL track motor technology and, by utilizing the next generation of rotary group design, delivers a step change in power density and…
Read MoreCurtiss-Wright Showcases Human-Machine Interface
Curtiss-Wright’s Industrial Group is showcasing its latest product offerings including Human-Machine Interface (HMI) Controls, electronic throttle controllers, transmission shifters, sensors and power electronics. Curtiss-Wright Industrial Group has extensive experience in designing and manufacturing solutions for the monitoring and control of vehicles operating in extreme conditions, including applications throughout the construction and off-highway sectors. A recent trend for these applications is…
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