Dodge Momentum Index Dips in February

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 1.4% in February to 180.5 (2000=100) from the revised January reading of 183.0. Over the month, commercial planning fell 2.3% and institutional planning ticked up 0.1%. “Weaker office and healthcare planning constrained nonresidential planning in February,” stated Sarah Martin, associate director of forecasting for Dodge. “However, the Index remains…

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Covia Acquires Sidley Operation in Ohio

Covia has signed an agreement to acquire R.W. Sidley’s silica sand mining operation in Thompson, Ohio, effective in early 2024. Bringing the Thompson facility and reserves into the Covia network provides customers of both companies with enhanced capacity, a broader range of products and services, and long-term availability of supply. With complementary commercial offerings and complementary geographies, the addition of…

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