The first Great Lakes vessel to be built on the Great Lakes in nearly four decades has entered service. The Interlake Steamship Company’s M/V Mark W. Barker bulk carrier loaded its first cargo of construction aggregates at the Carmeuse Port Inland dock on July 26. “Bulk carriers play an integral role in supporting the economy of the Great Lakes region,…
Read MoreMonth: July 2022
Senate Passes Water Resources Development Act
The U.S. Senate passed the 2022 Water Resources Development Act – a bill to provide for improvements to the rivers and harbors of the United States, to provide for the conservation and development of water and related resources, and for other purposes – by a 93-1 vote. The lone nay was Sen. Michael Braun (R-Ind.). The House and Senate must now reconcile the…
Read MoreMartin Marietta Shipments Rise
July 28, 2022 – The publicly traded companies are starting to report second-quarter and first-half results. Martin Marietta Materials, in its second-quarter report, noted that aggregates shipments totaled 57.8 million tons, a 9.3% increase, versus 52.9 million tons in the second quarter of 2021. For the first six months of the year, the company is reporting aggregates shipments of 99.9 million tons, a 11% increase versus 90.0 million tons in the…
Read MoreMartin Marietta Boasts Record Q2 Aggregates, Cement Revenues
Martin Marietta Materials Inc. reported results for the second quarter ended June 30. The company is reporting revenues of $1.524 billion versus $1.295 billion in the second quarter of 2021, a 17.6% increase.
Read MoreUnited States Lime & Minerals Reports Increased Revenues
United States Lime & Minerals Inc. reported second quarter 2022 results. The company’s revenues in the second quarter of 2022 were $60.5 million, compared to $49.2 million in the second quarter 2021, an increase of $11.3 million, or 23.0%.
Read MoreEagle Materials Touts Record Revenue Despite Logistical Challenges
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2023 ended June 30. The company is reporting record revenue of $561.4 million, up 18%; and record net earnings of $105.0 million, up 10%.
Read MoreCEMEX U.S. Business Up 15% in Second Quarter
CEMEX, S.A.B. de C.V. announced continued solid top line growth, with second-quarter net sales of $4.080 million, an increase of 11%. Pricing was the main driver with cement, ready-mix and aggregates, increasing 16%, 12% and 14%, respectively.
Read MoreRokbak Boosts North American Dealer Network
Rokbak has appointed Mississippi-based TraxPlus as its newest U.S. dealer as it continues to invest in supporting its articulated hauler users throughout the booming North American market.
Read MoreHolcim Reports Record Sales in First Half
Holcim is reporting record net sales of CHF$14,681 million for the first half of 2022, up 16.9% in Swiss francs and 12.7% on a like-for-like basis compared to the prior year. The increase was driven by sales growth in all segments. Net sales in the second quarter alone were CHF$8,240 million, or 13.6% higher like-for-like than the prior-year period.
Read MoreCalifornia Releases 2019 Mineral Production Data
July 27, 2022 – According to the California Construction and Industrial Materials Association (CalCIMA), the California Non-Fuel Mineral Production 2019 report by the California Geological Survey shows that 111 million short tons of sand and gravel were produced in California in 2019, roughly comparable to the average since 2015. The report also says another 18 million short tons of other construction materials (rock,…
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