Pricing

Breaching The Gap Between Strategy And Execution. By Julia Georgi and Denys Vasylenko When experienced managers join the aggregates industry, they often get intrigued by how confidently the sales department speaks about markets they cover. Aggregate salespeople say they know what customers want in terms of products and services; they also know everything about upcoming bids, current market price levels…

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Minoo Mehta Appointed Managing Director, BKT USA and BKT Tires

Effective immediately, Minoo Mehta will assume the position of managing director, BKT USA Inc. and BKT Tires Inc., the company reported. This announcement follows the resignation of Doug Kershaw on August 24. Mehta played a crucial role in establishing BKT’s leading position in the U.S. market. Since joining BKT in 2014, he has aimed at creating a customer-oriented team. This team…

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Construction Spending Rises In July

Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1,972.6 billion, 0.7% (±0.5%) above the revised June estimate of $1,958.9 billion. The July figure is 5.5% (±1.2%) above the July 2022 estimate of $1,869.3 billion. During the first seven months of this year, construction spending amounted to $1,101.5 billion, 3.7% (±1.0%) above the $1,062.1 billion…

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Aggregates Production Dips in Second Quarter

An estimated 662 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2023, a slight decrease compared with that in the second quarter of 2022. Production for consumption in the first six months of 2023 decreased slightly compared with that in the same period of 2022,…

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