Lehigh Hanson subsidiary Cadman Inc. is a leading supplier of building materials in the Pacific Northwest. For more than 80 years, Cadman has provided sand, gravel, ready mixed concrete, asphalt, and building materials to projects shaping the dynamic West Coast landscape.
Read MoreMonth: February 2021
MDU Resources Achieves Record Construction Materials Revenue
MDU Resources Group Inc. announced that earnings increased 16% in 2020 to $390.2 million, or $1.95 per share, compared to 2019 earnings of $335.5 million, or $1.69 per share. In the fourth quarter, the company’s earnings were $112.3 million, or 56 cents per share, compared to $95.1 million, or 47 cents per share, in 2019.
Read MoreGranite Named One of America’s Best Midsize Employers
Granite has been named by Forbes as one of America’s Best Midsize Employers for the fifth year in a row. The ranking honors employers based on an independent survey asking how likely employees would be to recommend their employer – and other employers in their respective industries – to someone else.
Read MoreCASE, Team Rubicon Support Ongoing Hurricane Recovery
CASE Construction Equipment and Texas-based dealer Nueces Power Equipment provided equipment and support for a two-week Team Rubicon operation that continued each organization’s support of Hurricane Harvey response and recovery – still ongoing more than three years after the hurricane hit the region.
Read MoreMartin Marietta Looks Ahead
Feb. 9, 2021 – On the heels of reporting “strong shipment growth, pricing gains and disciplined cost management” in the fourth quarter of 2020, as well as “record fourth-quarter and full-year profitability and safety performance,” Martin Marietta said it remains confident that favorable pricing dynamics will continue, “supported by the company’s locally-driven pricing strategy, and attractive underlying fundamentals and long-term secular…
Read MoreBurgex Predicts 16% Production Increase Through 2025
With 2020 in the rearview mirror, most of us are looking ahead to the promise of a new year. COVID-19 left its mark on every industry worldwide, and the construction aggregates industry was no exception, according to aggregates and mining researchers Burgex.
Read MoreMartin Marietta Scores Record Fourth-Quarter, Full-Year Profitability
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2020. The company is reporting total revenues of $1,179.6 billion for the quarter, compared to $1,100.4 billion during the same quarter in 2019. For 2020 as a whole, the company is reporting total revenues of $4,729.9 billion versus $4,739.1 billion in 2019.
Read MoreAthabasca Locks Down Sand Deposits; Offers Operational Update
Athabasca Minerals Inc. (AMI) has bought out the “at arm’s length” partners of Privco1 and Privco2 to secure 100% ownership of each company, which respectively hold the Montney and Duvernay premium domestic sand deposits in Alberta, Canada. These transactions were combined and concluded for eight million AMI shares (plus $1.00), to be issued in three milestone installments and valued at $2.0 million…
Read MoreJohn Deere Rolls Out Performance Tiering Strategy
Developed in response to evolving customer needs and expectations, John Deere launched its Performance Tiering Strategy, delivering a range of products at different levels of capability and user experience.
Read MoreDodge Momentum Index Increases to Start 2021
The Dodge Momentum Index increased 3.1% in January to 139.4 (2000=100) from the revised December reading of 135.2. 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. The commercial component of the Momentum Index moved 9.9% higher,…
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