The Associated General Contractors of America (AGC) celebrated a significant legal victory in its ongoing efforts to protect members from overreaching federal regulations. The U.S. District Court for the Northern District of Texas in Lubbock has granted AGC’s motion for a nationwide preliminary injunction, temporarily blocking the AGC-challenged provisions to a rule issued by the U.S. Department of Labor expanding…
Read MoreMonth: June 2024
BKT Joins Global Platform for Sustainable Natural Rubber
Multinational Off-Highway tire manufacturer BKT announced its membership in Global Platform for Sustainable Natural Rubber (GPSNR). BKT, which touts its rapid adaptation to best global practices, is thus taking a further step in promoting long-term sustainable practices, culminating in a more environmentally conscious and friendly production in line with the principles defined by GPSNR. Natural rubber production holds several opportunities for…
Read MoreMSHA Completes May Impact Inspections
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections in May at 15 mines in 12 states, leading the agency to cite 300 violations and one safeguard.
Read MoreSuperior Hires Gavin in Business Development Role
Superior Industries, Inc. has hired industry veteran Eric Gavin for a newly created business development role in the company’s construction management division.
Read MoreThe AVP Pulse Index for June
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 MoreConstruction 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.
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