Construction input prices increased 0.5% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices increased 0.6% for the month. Overall construction input prices are 2.3% higher than a year ago, while nonresidential construction input prices are 2.2%…
Read MoreDay: May 14, 2024
Volvo Group to Increase North American Heavy Truck Production Capacity
The Volvo Group announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group’s U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America. The plant is expected…
Read MoreJ. Lee Milligan to Quadruple Production with CDE Sand Wash Plant
From hauling dirt to processing it, excavating contractor J. Lee Milligan has invested in a new CDE EvoWash sand washing plant that is expected to more than quadruple processing volumes at the firm’s production facility in Amarillo, Texas. Founded in 1937 with a single truck and a contract to haul dirt for $1.25 per hour on New Mexico’s Conchas Dam…
Read MoreMSHA Chief Calls On Mining Industry to Stay Vigilant for Safety
MSHA Assistant Secretary Chris Williamson has penned an open letter to the mining community: Dear Members of the Mining Community: Last year, as the mining industry experienced a troubling increase in fatal accidents, I asked the mining community to join the Mine Safety and Health Administration in identifying and eliminating safety and health hazards that can cost miners their lives.…
Read MoreBéton, CRH, Conclude Canadian Transaction for Assets
Béton Provincial Ltée, the largest Canadian-owned company in the concrete and cement industry, has concluded a transaction with CRH Canada Group Inc., involving the acquisition of numerous assets located in Quebec, Newfoundland and Labrador, and the state of New York.
Read MoreSelect Sands America Corp. Shuttered; Seeks Strategic Alternatives
Select Sands Corp. announced a shuttering of the operations of its operating subsidiary, Select Sands America Corp., due to a confluence of factors negatively impacting the frac sand industry and the company. The decision comes as a response to the challenges posed by weak oil and gas activity in the basins served by the company, a diminished 2024 sales forecast,…
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