• A Reuters poll of analysts in late December showed a broad expectation that Brent Crude will average “a smidge above $50/bbl this year,” PVM Oil Associates said. U.S. benchmark West Texas Intermediate crude futures broke above $50/bbl this week for the first time since February, boosted by a surprise announcement by Saudi Arabia of a 1 million barrel-per-day production…
Read MoreYear: 2021
Construction Spending Rises in November; Highways Up
Construction spending during November 2020 was estimated at a seasonally adjusted annual rate of $1,459.4 billion, 0.9% (±0.8%) above the revised October estimate of $1,446.9 billion. The November figure is 3.8% (±1.3%) above the November 2019 estimate of $1,405.5 billion.
Read MoreChao Resigns as Transportation Secretary
Transportation Secretary Elaine Chao resigned her position in protest after a violent mob overran the Capitol after being incited by President Trump, according to The Hill. Chao is the first Cabinet official, and the highest-ranking member of the administration, to resign in the wake of Trump’s incendiary rally and its violent aftermath.
Read MoreFuture Looks Good for Infrastructure
Jan. 7, 2021 – The presidential election is certified and the Georgia Senate races have been decided. End result, Democrats will control the presidency, the House and the Senate. It is almost certain that a substantial infrastructure bill is coming our way. And that is good news for the long-term health of the aggregates industry. “The National Stone, Sand &…
Read MoreRebuilding the Road Ahead
The State Of The Industry In The Post-COVID-19 Era. By Mark S. Kuhar and Josephine Patterson
Read MoreClyde Companies Announces Leadership Changes, Acquisition
Clyde Companies Inc., the parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro, Scott Contracting, Beehive Insurance, GWC Capital, and Bridgesource has made several organizational changes in senior leadership.
Read MoreGranite Opens New California Aggregate Plant
Granite has opened its Solari Aggregate Plant in Arvin, Calif. Solari will safely and sustainably provide aggregate and asphalt to private and public customers in the Bakersfield market, the company stated.
Read MoreKevin R Peterson
Vortex Global announced the retirement of Kevin R Peterson effective Jan. 29, 2021.
Read MorePalombo Joins Derrick Corp.
Derrick Corp. appointed Sam Palombo as vice president, Mining & Industrial Division. Palombo brings 20 years of industry experience in major leadership roles to Derrick. He holds an MBA from the University of Strathclyde and has an exceptional track record of leadership in the mining industry, according to the company.
Read MoreSuperior, EESSCO Partner to Supply New England Aggregates Industry
Superior Industries Inc. has appointed EESSCO as its full line aggregate equipment dealer throughout New England. The dealer will sell, service and support all product segments including portable, modular and stationary crushing, screening, washing and conveying equipment.
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