June 24, 2024 – The AVP Pulse Index this month rose 0.1% month-over-month, while increasing 3.8% year-over-year. The index is up 10.5% over the past 36 months. 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…
Read MoreDay: June 25, 2024
Construction Starts Rise 10% in May
Total construction starts rose 10% in May to a seasonally adjusted annual rate of $1.24 trillion, according to Dodge Construction Network. Nonbuilding starts gained an impressive 49% during the month, driven by the start of an offshore wind project and an LNG facility, while residential starts lost 7% and nonresidential building starts were down 2%. On a year-to-date basis through…
Read MoreHousing Starts Retreat in May
Single-family and multifamily housing starts fell in May as high interest rates for construction and development loans and mortgage rates held back both housing supply and demand. Overall housing starts fell 5.5% in May to a seasonally adjusted annual rate of 1.28 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S.…
Read MorePermitting Update: Canada
Vitreo Minerals, a sand and gravel supplier based in Golden, B.C., Canada, proposes to build an open-pit mine and two processing facilities that could produce 2 million tonnes of frac sand per year for up to 20 years. The Angus mine, which has the potential to supply up to 400 fracking wells per year, would be B.C.’s only operating frac sand mine. Read the full story…
Read MoreNew Leadership for Terex Washing Systems
Terex Washing Systems introduced its new leader at the Hillhead 2024 exhibition, with Mark Fisher appointed as business line director. With the urgent need in the marketplace for sustainable solutions that safeguards the earth’s natural resources, Fisher will lead Terex Washing Systems into its next chapter of growth and innovation.
Read MoreOrica Celebrates 150th Anniversary
Orica held a 150th Anniversary Gala in Melbourne, Victoria, Australia, with officials, customers, partners, retirees and employees on-hand to celebrate this special milestone.
Read MoreMSHA Announces $10.5 Million Funding Availability for Safety
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) is making $10.5 million in grant funding available to help provide mine safety training for the nation’s miners.
Read MoreTRIP: 13% of Pennsylvania Bridges are in Poor Condition
Thirteen percent of Pennsylvania bridges are rated in poor condition, the sixth highest share in the nation. According to a new report released by TRIP, a Washington, D.C.-based national transportation research nonprofit, each day more than 10 million vehicles drive over Pennsylvania bridges in poor condition. This includes bridges 20 ft. or longer. A bridge is rated in poor condition…
Read MoreCDE Unveils New Generation of Filter Press
CDE unveiled its new ProPress high-performance filter press at the Hillhead show in the UK, adding to its state-of-the-art water management and recycling systems. Developed to meet the evolving needs of the construction and demolition (C&D) waste recycling, quarrying, and mining sectors, the ProPress integrates the latest technological advancements to deliver exceptional operational efficiency and maximum water recovery.
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