The Department of the Interior announced that, thanks to a substantial investment from The Infrastructure Investment and Jobs Act, more than $74.6 million will be distributed in 30 states to invest in geoscience data collection, mapping, data preservation and scientific interpretation of areas with potential for critical minerals, under the U.S. Geological Survey (USGS) Earth Mapping Resources Initiative, or Earth MRI. …
Read MoreDay: June 21, 2022
Rising Interest Rates, Higher Construction Costs Slow Housing Production
Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.
Read MoreTACA Meeting Addresses Construction Materials Industry Opportunities, Challenges
The Texas Aggregates & Concrete Association (TACA) welcomed more than 520 attendees to its 68th Annual Meeting June 15-17 at the JW Marriott San Antonio Hill Country Resort & Spa. Highlights included presentations by the National Stone, Sand & Gravel Association (NSSGA) and FMI Capital Advisors, helping TACA member companies navigate a complex economic, political and post-pandemic environment.
Read MoreHexagon Unveils Life-Of-Mine Smart Platform For Mining
Hexagon’s Mining division introduced the Power of One platform, a holistic, life-of-mine smart solution connecting sensors, software, infield apps and cloudware. Available and ready to implement, this technology connects the mine to the boardroom via a single onboard ecosystem comprising a smart computer, antenna and display. It will empower customers’ digital transformation, connecting key mining workflows for a safer, more…
Read MoreHyundai Debuts Articulated Dump Truck Models
Hyundai Construction Equipment Americas announced it is entering the articulated dump truck market with two new models – the HA30 and HA45 articulated dump trucks – targeting the popular 30- and 45-ton segments. The first of the new ADTs are now available for order through Hyundai’s North American network of authorized dealers.
Read MoreGreat Lakes-Seaway Cargo Rose by 7% in 2021
A new system-wide report from the Chamber of Marine Commerce shows that Great Lakes-St. Lawrence Seaway ships carried an estimated 149 million metric tons of cargo to and from domestic ports, and to overseas markets during the 2021 shipping season — an increase of 7% over pandemic-stricken 2020. Across the region, materials such as stone, cement and steel were in…
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