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%…
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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,…
Read MoreU.S. Silica Reports First Quarter Results; Acquisition Details
U.S. Silica Holdings Inc. announced its first quarter results for the period ended March 31, 2024. As separately announced, U.S. Silica has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management Inc. in an all-cash transaction that values the company at an enterprise value of approximately $1.85 billion. Net income for the…
Read MoreStedman Offers Grand Slam Secondary Impact Crushers
Stedman Grand-Slam secondary impact crushers are built to handle thousands of materials, ores, and chemicals in wet and dry applications. The crushing action of the Grand-Slam HSI delivers properly sized material the first time through.
Read MoreChaney Enterprises to Acquire Howard Sand & Gravel
Chaney Enterprises announced the pending acquisition of Howard Sand & Gravel. Howard Sand & Gravel is located in Mardela Springs, Md., and has been in business since 1956. Family owned and operated Howard Sand & Gravel has provided local markets with aggregates for many years under the leadership of Joe Beach. “Chaney Enterprises is excited to bring additional aggregates to…
Read MoreBURNCO Rock Products Acquires Hammerstone Quarry in Canada
BURNCO Rock Products Ltd., an aggregate construction materials company with operations in Canada and the United States, announced it has entered into a Share Purchase Agreement with Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group, to acquire Hammerstone Infrastructure Materials Ltd. in Northern Alberta, Canada. The transaction advances BURNCO’s growth strategy and complements its…
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