Associated General Contractors (AGC) chief economist Ken Simonson – in his latest Data Digest Report – noted that solely due to soaring residential activity, construction spending in March increased 0.2% from a downwardly revised February rate and 5.3% from March 2020 to a seasonally adjusted annual rate of $1.51 trillion, the Census Bureau reported. Because unusually mild or harsh weather…
Read MoreMonth: May 2021
MDU Resources Doubles First Quarter Earnings
MDU Resources Group Inc. reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share.
Read MoreNorth American Mining Hires Publishing Veterans
May 6, 2021 – Pleased to give a shout out to Semco’s new publication, North American Mining magazine, which has hired two key industry veterans with significant experience in the mining sector to lead sales and editorial. “Vic Matteucci will head up sales and Donna Schmidt assumes the reins of editor,” stated Peter Johnson, publisher of the magazine. “The staff of North American Mining magazine…
Read MoreHeidelbergCement Reports North American Aggregates Gains
HeidelbergCement noted significant margin increases in the first quarter of 2021, according to the company. Group revenue rose by 1%. Significant margin increases were evident in all regions, particularly in North America, Europe and Africa-Eastern Mediterranean Basin
Read MoreVolvo CE Expands Parts Distribution Network in Western U.S.
Volvo Construction Equipment (Volvo CE) has completed a 75,000-sq.-ft. expansion of its Reno, Nev., regional parts distribution center. The project, in conjunction with Volvo Group Service Market Logistics, increases floor space by 125% and brings parts closer to construction equipment customers with faster delivery times and reduced shipping costs.
Read MoreMartin Marietta Sees Good Year Ahead
May 5, 2021 – Martin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020. Looking ahead, Martin Marietta remains confident that favorable pricing dynamics will continue, supported by the company’s locally-driven pricing strategy. Additionally, the company anticipates single-family housing growth, expanded infrastructure investment and notable heavy…
Read MoreEpiroc, Fordia Form Exploration Competency Center
To improve customer experience for the U.S. exploration market, Epiroc and Fordia Powered by Epiroc, a manufacturer of exploration drilling tools for mineral exploration, opened an Exploration Competency Center based in Elko, Nev., and operated by Fordia. The Exploration Competency Center opened May 3.
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisitions (M&A), Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore
Read MoreCEMEX USA Promotes Environmental Excellence
CEMEX USA just wrapped up its first national Sustainability Month, promoting awareness and hosting activities across the United States aimed at inspiring positive action for the planet while celebrating the company’s longstanding commitment to sustainability and environmental excellence.
Read MoreMSHA Reports Eighth Fatality
The Mine Safety and Health Administration (MSHA) reported that on April 19, a miner at Frontera Materials, Hidalgo, Texas, stopped his haul truck in front of his personal vehicle to get his lunch. While standing and eating his lunch, the haul truck rolled forward, pinning the miner between the haul truck and his personal truck.
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