Summit Materials Inc. announced the appointment of Jorge Mario Velasquez, Irene Moshouris, and Juan Esteban Calle to the Summit Materials board of directors, effective Jan. 12. Following these appointments, and together with the retirement of John Murphy, the board consists of 11 directors, 10 of whom are independent. “We are delighted to welcome an experienced and accomplished set of new board…
Read MoreDay: January 18, 2024
Sandvik Books Largest Surface Drill Order
Sandvik has received its largest ever order for surface drill rigs, valued at SEK$248 million. The order from U.S.-based Sandvik dealer Country Boy Supply LLC was booked in the fourth quarter, 2023, and deliveries are scheduled to start in the first quarter 2024. The order from Country Boy Supply consists of 34 surface drill rigs to replace their current contractor…
Read MoreDEVELON Celebrates First Anniversary of New Brand Name
It’s been one year since the familiar brand of orange construction equipment, formerly known as Doosan construction equipment, was renamed DEVELON. Company officials hosted a special media event on Jan. 17, 2023, in Las Vegas. It was during this event that DEVELON leaders unveiled the new brand for the first time, marking the beginning of a new era for the…
Read MoreThe AVP Pulse Index for January
Jan. 18, 2024 – The AVP Pulse Index this month rose 2.4% month-over-month, while increasing 5.5% year-over-year. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly or quarterly. “The monthly Index further enforces…
Read More