February Construction Spending Up for Month; Year-Over-Year

According to the U.S. Census Bureau, construction spending during February 2025 was estimated at a seasonally adjusted annual rate of $2,195.8 billion, 0.7% (±0.8%) above the revised January estimate of $2,179.9 billion. The February figure is 2.9% (±1.3%) above the February 2024 estimate of $2,133.8 billion.  During the first two months of this year, construction spending amounted to $311.1 billion,…

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Holcim Unlocks Value with NextGen Growth 2030

Holcim announces its new strategy – NextGen Growth 2030 – to be the leading partner for sustainable construction, following the planned listing of its North American business.  With NextGen Growth 2030, Holcim will leverage its sustainability leadership to deliver profitable growth in Europe, Australia and North Africa, while accelerating growth in Latin America to benefit from strong market fundamentals and…

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Heidelberg Completes Giant Acquisition

Heidelberg Materials North America announced that it has completed the acquisition of Giant Cement Holding Inc. (GCHI) and its subsidiaries, Giant Cement Co., Dragon Products Co. and Giant Resource Recovery, from the Fortaleza, Uniland and Trituradora groups. The acquired operations include a cement plant in Harleyville, S,C., and four associated distribution terminals; a joint-venture deep-water import terminal in Savannah, Ga.;…

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