The U.S. Census Bureau announced that construction spending during March 2022 was estimated at a seasonally adjusted annual rate of $1,730.5 billion, 0.1% (±0.7%) above the revised February estimate of $1,728.6 billion. The March figure is 11.7% (±1.0%) above the March 2021 estimate of $1,548.6 billion. During the first three months of this year, construction spending amounted to $376.6 billion,…
Read MoreMonth: May 2022
Hill Sees Bright Year Ahead
May 3, 2022 – Vulcan Materials just reported a big first quarter, with total revenues increasing 44% to $1.541 billion. Regarding the company’s full-year outlook, Tom Hill, Vulcan Materials’ chairman and chief executive officer said, “We reiterate our full-year Adjusted EBITDA range of $1.72 to $1.82 billion. In the first quarter, we capitalized on the considerable momentum in our business, growing…
Read MoreVulcan Materials Reports Huge First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues increased 44% to $1.541 billion, up from $1,068 billion in 2021, driven by the addition of U.S. Concrete (USCR) operations as well as price and volume growth in the company’s legacy businesses. Average selling prices increased in each product line, helping to offset inflationary pressures. Same-store aggregates…
Read MoreMcCloskey Unveils J6 Jaw Crusher at AGG1
McCloskey International unveiled the new J6 as the latest entry into McCloskey’s jaw crusher line at AGG1. Exclusive to the North American market, the J6 builds on the robust features of the existing product range, with an exciting line-up of features aimed at boosting productivity and offering enhanced durability across applications. Designed to withstand the toughest conditions, the J6 delivers…
Read MoreMcLanahan Products to Be on Display at Hillhead
McLanahan Corp. will bring its largest display yet to Hillhead 2022, June 21-23 near Buxton, Derbyshire, UK. McLanahan will be located at booth T1, where visitors can see its latest solutions, as well as learn more about the company’s complete line of equipment that includes everything from crushing and screening to washing, classifying and tailings management.
Read MoreBridgestone Launches New Rigid Dump Truck Tire
Bridgestone Americas showcased the latest in its integrated portfolio of off-the-road (OTR) products, technologies and services at the AGG1 Aggregates Academy & Expo in Nashville. Demonstrating the benefits of using intelligent products backed by integrated technology solutions, Bridgestone introduced its new 3-star 24.00R35 rigid dump truck tire and real-time tire monitoring system, IntelliTire, to construction and quarry customers at this…
Read MoreJohn Deere Reveals New 904 P-Tier Wheel Loader
John Deere bolstered its wheel loader lineup with the highlight of the 904 P-Tier Wheel Loader, showcased for the first time at World of Asphalt and AGG1 in Nashville. Available soon, the new 904 P-Tier is a two-pass loader solution that provides the durability and reliability to take on processed aggregate stockpiles and more efficiently load trucks or rail cars…
Read MoreEpiroc Introduces DM30 XC Blasthole Drill for Maximum Productivity
Epiroc introduced the DM30 XC blasthole drill that is suitable for a variety of multi-pass rotary and down-the-hole (DTH) drilling applications. Built off the same proven, reliable platform as the Epiroc DM30 II, the new DM30 XC offers 33% more power and many benefits to customers, the company stated. The DM30 XC is designed for maximum productivity and efficiency due…
Read MoreWeir Minerals Partners with XMPro for Real-Time Decision Support
Weir Minerals announced a new partnership with XMPro, a leading digital twin platform. The partnership will enable intelligent equipment and services and support miners to achieve higher performance while also reducing the environmental footprint of their operations. The XMPro platform – as a part of the Synertrex digital ecosystem – will facilitate the delivery of event intelligence, predictive analytics, and…
Read MoreMartin Marietta Update
May 3, 2022 – Martin Marietta Materials consolidated revenues crossed the billion-dollar mark in the first quarter of this year, according to its just-released report. Now that is a great start to the year, increased costs notwithstanding. The company also reiterated these “portfolio optimization” efforts that were recently reported. On March 1, the company announced a definitive agreement to sell its Redding…
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