In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore The Aggregates sector recorded healthy demand throughout 2021 with leading public players reporting strong revenue growth. Merger and acquisition (M&A) activity also reached elevated levels as sector participants…
Read MoreMonth: January 2022
New Home Sales Increase in December
Driven by strong buyer demand and the expectation of higher mortgage rates, new home sales ended the year on a strong note, reaching their highest level since March 2021.
Read MoreCaterpillar Touts Increased Fourth-Quarter, Full-Year Results
Caterpillar announced sales and revenues for the fourth quarter of 2021 were $13.8 billion, a 23% increase compared with $11.2 billion in the fourth quarter of 2020. Operating profit margin was 11.7% for the fourth quarter of 2021, compared with 12.3% for the fourth quarter of 2020.
Read MoreCat Electric Drive Wheel Loader Features Technology, Efficiency Updates
Built on a solid switch reluctance technology foundation leveraging more than 15 years of Caterpillar electric drive experience, updates to the Cat 988K XE deliver up to 10% faster downhill speed, improved rimpull and increased hydraulic breakout force for up to 5% better production. The updated design improves cycle times in load and carry applications, while an optional counterweight increases…
Read MoreSandvik Appoints Gill Rock Drill New Boom Drills Distributor
Gill Rock Drill Company Inc., Lebanon, Pa., now supplies Sandvik’s comprehensive range of boom drills, rock tools and full aftermarket support for customers in New Jersey and counties of Maryland, Virginia and Eastern Pennsylvania. Gill Rock Drill Co. is a family owned and operated full-service manufacturing and distributor organization providing equipment and tooling sales, service support, contracting and rentals to…
Read MoreEpiroc Launches Mobius for Drills, A Data Hub for Mine Operations
Epiroc, in partnership with ASI Mining LLC, introduced Mobius for Drills, a new platform to convert data into useful, actionable information. Mobius for Drills will lead mines toward automation and connectivity. Featuring embedded artificial intelligence, the user-friendly Mobius system enables multi-vehicle command, control and monitoring to maximize productivity and safety. “We think of it as a tool to directly support…
Read MoreBrigade Electronics Touts Safety Technology for Off-Road Vehicles
Worksites can be dangerous places. The potential for deaths and injuries caused by moving machinery and equipment should not be underestimated. According to the World Health Organization, construction, agriculture and mining are among some of the highest-risk work populations in the world with many injuries and fatalities caused by moving vehicles or machinery. Vehicle safety systems have made a huge…
Read MoreAwash in Production
Resource Materials Invests In Innovative Technology For A New Wash Plant. By Mark S. Kuhar Texas-based Resource Materials, a supplier of sand and aggregates to the local construction industry, has invested in a new wash plant for its quarry in Williamson County, Texas. In response to increasing demand for high-quality construction materials in the local markets and big Texas cities,…
Read MoreVulcan Hosts Congressman
Jan. 28, 2022 – On Dec. 16, Vulcan Materials Co. hosted a quarry tour and press conference with Georgia Congressman Hank Johnson (D). This event was held at the Vulcan Lithonia Quarry, according to the Georgia Construction Aggregate Association (GCAA). This event served as an opportunity to say thank you and recognize Congressman Johnson on his support of the recent passage of the…
Read MoreLocal Focus
CEMEX’s 474 Sand Mine Illustrates How An International Operator Can Build Relationships By Focusing On Local Communities. By Therese Dunphy Adaptation has been the key to success for recent industry community relations programs. This is particularly true at CEMEX’s 474 Sand Mine, which was recognized as a Platinum Community Relations Award winner during the National Stone, Sand & Gravel Association’s…
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