MDU Resources Group Inc. reported third-quarter earnings on a generally accepted accounting principles (GAAP) basis of $147.9 million, or 73 cents per share, with adjusted earnings of $152.0 million, or 75 cents per share, compared to third quarter 2021 GAAP earnings of $139.3 million, or 68 cents per share.
Read MoreMonth: November 2022
Polydeck Expands South Carolina Manufacturing Operations
Polydeck Screen Corp. announced the grand opening of a highly anticipated manufacturing expansion on Oct. 31 at its Spartanburg, S.C., headquarters.
Read MoreHeidelberg Materials Weathers High Energy Costs
Heidelberg Materials reported that revenue in the third quarter increased by 13% to €15.8 billion (+12% on a like-for-like basis.) Excluding consolidation and exchange rate effects, the rise amounted to 12.3%. In particular, price increases in all group areas contributed to the revenue growth. Changes to the scope of consolidation of €622 million had a negative effect on revenue, while exchange rate…
Read MoreSuperior Excels from Rock Face to Loadout
Superior Industries engineers and manufactures groundbreaking, bulk material processing and handling equipment and cutting-edge machinery components. From its headquarters in Morris, Minn., the manufacturing firm supplies bulk crushing, screening, washing and conveying systems for industries including construction aggregates, mining, bulk terminals, agriculture, power and biomass. In addition to its home plant in Minnesota, the 50-year-old Superior operates from additional facilities in Arizona, Georgia, Michigan and Nebraska; New Brunswick, Canada; and three locations in Brazil to serve South American markets.
Read MoreTACA Members Gather for Environmental & Safety Seminar
The Texas Aggregates & Concrete Association (TACA) welcomed 112 attendees to its Environmental & Safety Seminar on Oct. 27-28 at the Marriott Riverwalk in San Antonio. Industry professionals delivered topical presentations on managing environmental and safety regulations and other issues facing TACA members. One conference session, “Responsible Sourcing: Pathway to Sustainable Manufacturing,” explored how the world will double its building…
Read MoreMartin Marietta Achieves Record Quarterly Revenues, Gross Profit
Martin Marietta Materials reported results for the third quarter ended Sept. 30, noting products and services revenues of $1.680 billion versus $1.463 billion over the same period last year, an increase of 14.9%. Building Materials generated record products and services revenues of $1.61 billion for the third quarter, a 15.9% increase, driven primarily by acquisitions and double-digit pricing growth across…
Read MoreVulcan Materials Reports 38% Increase in Total Revenues
Vulcan Materials Co. announced results for the quarter ended Sept. 30, reporting total revenues of $2.088 billion versus $1.517 billion in the third quarter of 2021. Year-to-date, the company is reporting total revenues of $5.583 billion versus $3.946 billion over the same period in 2021. Total revenues increased 38%, driven by double-digit growth in the company’s legacy operations as well…
Read MoreSEMCO Publishing Launches Women in Aggregates Group
SEMCO Publishing – parent company of Rock Products, Cement Products, Concrete Products, The ASIA Miner and North American Mining magazines – has launched Women in Aggregates, womeninaggregates.com, a group dedicated to supporting women working in the aggregates industry. The initiative follows the efforts of similar groups such as Women in Mining, Women in Construction and Women of Asphalt. The Mission Statement of the group is,…
Read MoreWirtgen, Deere Focus on Sustainable Road Construction at bauma
“The Future in Roadbuilding – Smart. Safe. Sustainable.” This slogan was the leitmotif of the joint appearance of the Wirtgen Group and John Deere at this year’s Bauma. With more than 97 exhibits – including 37 world premieres – and separate exhibitions showcasing digital system solutions and innovative contributions to sustainability, the company group presented a broad spectrum of groundbreaking…
Read MoreConstruction Spending, Highways Tick Up in September
The U.S. Census Bureau announced that total construction spending during September 2022 was estimated at a seasonally adjusted annual rate of $1,811.1 billion, 0.2% (±1.0%) above the revised August estimate of $1,807.0 billion. The September figure is 10.9% (±1.5%) above the September 2021 estimate of $1,632.9 billion. During the first nine months of this year, construction spending amounted to $1,353.7…
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