Caterpillar Introduces Two New Hammers

Built for high production on large excavators, the new Cat H190 S and H215 S Performance Series Hammers deliver consistent breaking power, the company stated. Their extremely efficient operation cycle results in less waste from internal heat for more power delivered to the tool. With piston and tool matched in diameter and mass, these new hammers offer increased power transmission…

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Umpqua Sand & Gravel Opens Golf Course

Dec. 28, 2021 – Built on a sand-and-gravel mine alongside the South Umpqua River in Roseburg, Ore., the newest golf course from Pacific Northwest native Dan Hixson – Bar Run Gold and RV Resort – is now open for play. Back when Umpqua Sand & Gravel opened for business in the 1960s, the objective was to mine the leftover land’s “river bar” layer for round…

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Buttigieg Announces $241 Million in Grants for America’s Ports

U.S. Department of Transportation Secretary Pete Buttigieg announced more than $241 million in discretionary grant funding for 25 projects to improve port facilities in 19 states and one territory through the Maritime Administration’s (MARAD) Port Infrastructure Development Program (PIDP).

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Silvi Concrete Acquires L&L Redi Mix Concrete Assets

Silvi Concrete, a division of Silvi Materials headquartered in Fairless Hills, Pa., announced the acquisition of all the assets of L&L Redi Mix Concrete, headquartered in Southampton, N.J. The acquisition consists of six New Jersey-based concrete plants located in Southampton, Woodbury, Voorhees, Cinnaminson, Kingston and Clayton, along with a concrete recycling facility and a masonry supply yard.

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Chaney Enterprises Acquires TW Block & Concrete Assets

Chaney Enterprises will acquire the locally owned TW Block ready-mix concrete, masonry, and aggregate materials business located in Onley, Va., in the lower Chesapeake and Virginia Eastern Shore region.  In business since 1957, as a female-owned and family operated company, Chaney is purchasing TW Block & Concrete from President Genevieve Walker and sister, Chief Financial Officer Wendy Walker. Customers will…

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Deere Acquires Majority Ownership in Kreisel Electric

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric Inc., a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilizes this patented battery technology.

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Population Stagnation

Dec. 21, 2021 – According to Ken Simonsen, chief economist at Associated General Contractors, U.S. population growth slowed between July 1, 2020 and July 1, 2021 to “0.1%, the lowest rate since the nation’s founding,” the Census Bureau reported. Population changes over time are a major contributor to demand for numerous types of construction, funding for public construction, and supply of potential construction workers. “The slow…

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Funding Delays

Dec. 21, 2021 – The Federal Highway Administration noted in a statement on Dec. 15 that it plans to provide $52.5 billion in apportioned funding for fiscal year 2022 to all 50 states and the District of Columbia via the $1.2 trillion Infrastructure Investment and Jobs Act or IIJA signed into law in November. However, states will be unable to receive a significant portion of…

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