Luck Stone, the nation’s largest family-owned and operated producer of crushed stone, sand and gravel, announced the acquisition of North Carolina-based Ararat Rock Products, which operated quarries in Mount Airy and Eden. The purchase marks one of the largest acquisitions in the company’s nearly 100-year history and significantly expands Luck Stone’s presence in North Carolina beyond its quarry operation in Pittsboro.
Read MoreDay: October 7, 2021
Mines Part of Antitrust Case
Oct. 7, 2021 – According to sister publication Concrete Products, the Justice Department Antitrust Division calls for General Shale Brick and Meridian Brick LLC to divest three plants, 14 showrooms and distribution yards, plus six mines in a proposed settlement of an antitrust lawsuit challenging the producers’ merger. The agency filed the settlement and suit-triggering complaint in the U.S. District Court for…
Read MoreMartin Marietta Expands Academic Outreach, Partners with Shaw University
In yet another move to support education and attract the young leaders needed to ensure the company’s future success, Martin Marietta has entered into a partnership with Shaw University, a historically Black university in Raleigh, N.C.
Read MoreDodge Momentum Index Gains in September
The Dodge Momentum Index gained 11% in September to 164.9 (2000=100) from the revised August reading of 148.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the 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 planning component increased by 13% in September, while the…
Read MoreBKT Expands OTR Footprint in Canada
BKT Tires Canada Inc. announced an off-the-road (OTR) tire supply alliance with Fountain Tire. Effective immediately, Fountain Tire will have full access to BKT’s OTR product line-up for sale through its locations across Canada.
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