Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Kentucky motorists a total of $4.7 billion statewide annually – as much as $2,154 per driver in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays.
Read MoreMonth: February 2022
Volvo Group Joins ‘Drive to Zero’ program
CALSTART’s Global Commercial Vehicle “Drive to Zero” program and campaign announced the Volvo Group has joined its ranks. By signing the Drive to Zero pledge, Volvo joins a network of more than 130 manufacturers, fleets, governments, infrastructure providers and other market leaders committed to accelerating zero-emission commercial vehicles.
Read MoreOIG’s Audit of MSHA Enforcement is a Mess
Feb. 11, 2022 – In our February issue Law column – OIG’s Audit of MSHA Enforcement is a Mess – attorney Brian Hendrix writes, “Audits aren’t fun for anyone, though it’s better to be the auditor rather than the auditee. Most of the time, the Mine Safety and Health Administration (MSHA) is basically the auditor. On occasion, MSHA is on…
Read MoreSuperior Improves Performance of Guardian Horizontal Screen
Superior Industries Inc. said that several key features improve the performance of its popular Guardian Horizontal Screen in stationary or static settings.
Read MoreUnited States Lime & Minerals Acquires Dolomite Operation
United States Lime & Minerals Inc. has acquired Inter-Rock Minerals Inc.’s Oklahoma-based dolomite business, Mill Creek Dolomite LLC.
Read MoreCEMEX U.S. Operations Up 9% in 2021
CEMEX, S.A.B. de C.V. reported strong results for the full year 2021, posting a net sales increase of 14% to $14.55 billion in 2021, and 3% to $3.62 billion in the fourth quarter.
Read MoreHigher Costs, Labor Issues Impact MDU Resources 2021 Results
MDU Resources Group Inc. announced earnings of $378.1 million, or $1.87 per share, in 2021, compared to $390.2 million, or $1.95 per share, in 2020. In the fourth quarter, the company earned $86.5 million, or 42 cents per share, compared to $112.3 million, or 56 cents per share, in the fourth quarter of 2020.
Read MoreMartin Marietta Materials: Deep Dive
Feb. 10, 2022 – Taking a deep dive into Martin Marietta Materials year-end report, the company remains confident that favorable pricing dynamics will continue. A locally-driven pricing strategy, and attractive underlying fundamentals, as well as long-term secular growth trends in its key geographies, should drive multi-year growth in construction materials. The company is predicting 2022 total revenues of between $5.78 and…
Read MoreMartin Marietta SOARs to Record Fourth-Quarter, Full-Year 2021 Results
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2021. The company is reporting total fourth-quarter 2021 revenue of $1.405 billion, versus $1.111 billion in 2020. The company is also reporting full-year 2021 revenue of $ 5.085 billion, versus $4.432 billion in 2020.
Read MorePhilippi-Hagenbuch Hires Boyce as Business Development Manager
Philippi-Hagenbuch Inc. introduced Aaron Boyce as a business development manager with an emphasis on mining. Boyce will work with mining and aggregate customers in the western regions of the United States and Canada as well as niche clients across the United States.
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