First Look – February 2024

TOP NEWS CRHCaterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar’s zero-exhaust emissions solutions. CRH is the number-one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar. Summit MaterialsSummit Materials shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based…

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AGG1 Returns to Nashville

This Year’s Show Takes Place March 25-27, at the Nashville Music City Center in Tennessee. By Mark S. Kuhar It’s time once again for the aggregates industry’s premier event. Registration is now open for AGG1 Academy & Expo, co-located with the World of Asphalt Show & Conference, running March 25-27, 2024, at the Nashville Music City Center in Tennessee. With…

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Housing Demand Has Jumped

The popular business press, including the cable news channels, are awash in reports that housing demand has already jumped on just the notion of rate cuts later this year, and the jump is expected to become a surge as I have been predicting. Remember, I have said for the last several months that when the Fed signaled inflation was headed…

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Mineral Commodities Update

The U.S. Geological Survey (USGS) reports U.S. mine and plant production data for 16 selected mineral commodities that are provided on a monthly (or quarterly) basis to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates. In the aggregates industry we of course…

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Peckham Industries Acquires Terminal Assets of Gorman Group

Peckham Industries Inc. acquired the Gorman Group’s liquid asphalt terminal assets, as part of a larger transaction wherein the entirety of the Gorman Group is being sold. Located in Rensselaer N.Y., the terminal is the largest privately held asphalt terminal on the East Coast. The acquisition will provide Peckham with additional opportunities in the New York/New England region, supplying both…

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Liebherr to Feature Wheel Loader, Articulated Truck, Crawler Excavator at AGG1

Liebherr’s earthmoving and material handling team will presents the L 580 XPower wheel loader, TA 230 articulated dump truck, and R 914 compact crawler excavator from its vast range of earthmoving equipment at this year’s AGG1 and World of Asphalt show. The company will exhibit at booth #2031 at the Music City Center in Nashville, March 25-27, 2024. Designed with…

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