The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0. In January, the commercial component of the DMI fell 10.0%, and the institutional component receded 4.7%.
Read MoreDay: February 15, 2023
Two Rokbak RA30s Working on Mega Pipeline Project
When Utah-based contractor BHI was awarded low bid on a three-mile stretch of canal essential to the irrigation around the largest city in Uintah County, in the northeastern part of Utah, they knew that extensive excavation and backfill would be on the cards and that it would require the most robust and reliable equipment.
Read MoreEagle Crusher Co. Announces New Products on Display at CONEXPO-CON/AGG
Eagle Crusher Co., a leading manufacturer in the crushing and screening industry, continues its rich tradition of new product innovation for 2023. The company will introduce two new plants on display in the Eagle Crusher booth (C30949) at CONEXPO-CON/AGG, March 14-18, 2023 in Las Vegas. Also on the show floor will be a proven product favorite. Discover the new UltraMax®…
Read MoreMartin Marietta Achieves Record 2022 Revenues
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2022, noting full-year records for revenues, profitability and safety performance. While fourth-quarter 2022 total revenues were lower, $1.477 billion versus $1,496 billion in 2021, full-year 2022 revenues totaled $6.161 billion, up from $5.414 billion in 2021.
Read MoreMartin Marietta Looks Ahead
Feb. 15, 2023 – Martin Marietta Materials had a slower 2022 fourth quarter than expected, but reported record revenues for full-year 2022. Aggregates revenues were, however, strong in 2022’s fourth quarter, $849 million, versus $827 million in the fourth quarter of 2021. For full-year 2022, aggregates revenues were $3.506 billion versus $3.059 billion in 2021. Looking ahead, Ward Nye, chairman…
Read MoreKomatsu’s Chattanooga Plant Begins Production of Articulated Trucks
To support growing demand, Komatsu has begun producing the company’s HM400-5 articulated haul trucks at its factory in Chattanooga, Tenn. While the trucks were produced in Chattanooga in the mid-2000s, in 2009 production shifted to the company’s plant in Ibaraki, Japan, where it has remained until now. Used primarily in construction, quarry and mining applications, the 473-HP HM400-5 is designed…
Read MoreMDU Construction Materials Business Has Record Year
MDU Resources Group Inc. reported 2022 earnings on a generally accepted accounting principles (GAAP) basis of $367.5 million, or $1.81 per share, with adjusted earnings of $380.2 million, or $1.87 per share, compared to 2021 GAAP earnings of $378.1 million, or $1.87 per share. In the fourth quarter, the company on a GAAP basis earned $117.1 million, or 57 cents…
Read MoreCEMEX U.S. Operations Up 16% in 2022
CEMEX announced double-digit top-line growth for 2022 and fourth quarter 2022 driven by a robust pricing strategy designed to recover margins. Net sales increased 12% to $15,577 million in 2022, and 12% to $3,869 million in fourth quarter 2022. CEMEX’s operations in the United States reported net sales of $5,038 million in 2022, an increase of 16%, and $1,221 million in…
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