A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January number, according to newly released…
Read MoreMonth: March 2025
Construction Starts Tick Up in February, Highways Up 8%
Total construction starts were up 0.5% in February to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonresidential building starts grew 2%, residential starts decreased 1%, while nonbuilding starts were unchanged. Highway and bridge starts increased 8%. On a year-to-date basis through February, total construction starts were down 2% from last year. Nonresidential starts were…
Read MoreRegal Rexnord Corp. Offers Solutions for Aggregates Producers
Regal Rexnord Corp. showcased its solutions for the aggregates and asphalt industries at AGG1/World of Asphalt, Booth 822.
Read MoreSoftware Developer CheckProof Builds North American Base
CheckProof, Swedish developer of Software as a Service Maintenance, Quality and Environment, Health & Safety programs, has registered a Houston-based subsidiary, CheckProof U.S. Inc., to serve North American cement, aggregate, ready mixed concrete and asphalt producers. The firm announced the subsidiary during the AGG1 and World of Asphalt gatherings, March 25-27 in St. Louis. The agile, frontline-friendly and intuitive CheckProof…
Read MoreAGG1 a Hit in St. Louis
The AGG1 Aggregates Academy & Expo and World of Asphalt Show & Conference hosted its first-ever St. Louis show with resounding success. From March 25-27, more than 11,500 industry professionals gathered at the America’s Center Convention Complex to explore the latest innovations, network with peers and enjoy the Gateway City. That attendance number is comparable to the show held in 2022,…
Read MoreThe AVP Pulse Index for March
March 27, 2025 – The AVP Pulse Index this month dropped 2.2% month-over-month, while increasing 4.2% year-over-year; and 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 is updated monthly…
Read MoreTHE PULSE – April 2025
THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS PIERRE VILLERE’S MARKET ASSESSMENTWhile sinking consumer sentiment has been widely reported since January in the face of rapid changes to our economy caused by new policies from Trump administration, the actual economic indicators look far worse, with almost every one of our algorithm inputs down since last month. It is a stunning reversal of…
Read MoreTed Baker II Named New NSSGA Board Chair
Ted Baker II, CEO of Blue Water Industries, was named the 2025 board chair of the National Stone, Sand & Gravel Association (NSSGA). Outgoing board chair Jim Nickolas, Martin Marietta, handed off the gavel during a ceremony at the 2025 NSSGA Annual Convention. “I’m honored to be the next chair of NSSGA. And what an honor to chair the 25th…
Read MoreWard Nye Receives 2025 Barry K. Wendt Memorial Commitment Award
The 2025 Barry K. Wendt Memorial Commitment Award was presented to Martin Marietta Chair, President and CEO Ward Nye during the National Stone, Sand & Gravel Association’s (NSSGA) Annual Membership Meeting. In his final duty as the 2024 Manufacturers & Services Division Chair, Mark Krause, McLanahan/Eagle Iron Works, presented the award to Nye. NSSGA’s Manufacturers & Services Division established the…
Read MoreAmrize-Bound Holcim Officials State Their Business Case For Wall Street Audience
Holcim Ltd. Chairman Jan Jenisch convened investors, fund managers and financial analysts in New York City for “Building North America,” a March 25 presentation outlining the portfolio, leadership, market, organic growth, and merger and acquisition prospects for Amrize. Addressing the rationale for a business spin-off from the Swiss cement, aggregate and concrete giant, he opened a question-and-answer session declaring, “North…
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