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 MoreMonth: June 2022
TACA 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…
Read MoreStriking Out in Illinois
June 20, 2022 – Strikes are bad for business. A strike among construction equipment operators that began last week against three companies that operate 35 quarries throughout Illinois is affecting roadwork in Westchester, Ill., according to the Village Free Press. Local 150 of the International Union of Operating Engineers went on strike on June 7. The union called the strike against…
Read MoreMcLanahan Acquires CMB International Limited in U.K.
McLanahan Corp. has completed the acquisition of CMB International Limited, a manufacturer of crushers, horizontal screens, inclined screens, feeders and conveyors based out of Leicestershire, United Kingdom.
Read MoreIROCK Mobile Impact Crusher Can Increase Bottom Line
The TC-20 track horizontal shaft impact (HSI) crusher from IROCK has the largest hopper in its class and is built for big loads and even bigger production, the company stated. IROCK’s TC-20 mobile unit produces a uniform, cubical product that will increase your bottom line.
Read MoreTotal Construction Starts Increase in May
Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20%, while residential starts fell by 4% and nonbuilding lost 2% during the month. Highway and bridge starts were up slightly. Year-to-date, total construction was 6% higher in the first five months of 2022 compared…
Read MoreSuperior Adds James River Equipment to Dealer Network
Superior Industries Inc., a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, announced a new dealer partnership with James River Equipment throughout North Carolina, South Carolina and Virginia.
Read More