The AVP Pulse Index for July

July 18, 2024 – The AVP Pulse Index this month rose 0.1% month-over-month, while increasing 1.7% year-over-year, and 10.1% 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…

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AggNexus Digital Innovation Conference Spotlights Emerging Tech

SEMCO Publishing – parent company of Rock Products, Concrete Products, Cement Products, and North American Mining magazines – is pleased to announce a collaboration with On The Rocks Digital on a new live event: AggNexus. The event will take place Sept. 9-10, at the Thompson Conference Center at the University of Texas in Austin, Texas. AggNexus is an exciting new…

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EPA Selects Heidelberg Materials for Up to $5 Million in Funding for EPD Project

Heidelberg Materials North America has been selected for award negotiation to receive up to $5 million in funding from the U.S. Environmental Protection Agency (EPA) to create a robust, web-based tool that can help ready-mix concrete, cement and aggregate facilities to quickly produce high-quality Environmental Product Declarations (EPDs). The grants are part of EPA’s Reducing Embodied Greenhouse Gas Emissions for…

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U.S. Silica Shareholders Approve Acquisition by Apollo

U.S. Silica Holdings Inc., a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, said that its previously announced agreement to be acquired by funds managed by affiliates of Apollo Global Management Inc., a high-growth, global alternative asset manager. Apollo was approved at a special meeting of the company’s stockholders on July 16.…

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Report: States Where Aggregate Prices Are Increasing the Most

As the U.S. economy has wrestled with the impacts of inflation over the last few years, construction has been one of the industries most impacted by rising costs. Construction materials were strongly impacted by supply chain breakdowns during the pandemic, which created shortages for key goods during a period of high demand. Hopes that price increases would level out as…

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NSSGA Receives EPA Grant to Advance Aggregates Sustainability

The National Stone, Sand & Gravel Association (NSSGA) has been awarded a five-year, $9.65 million grant by the Environmental Protection Agency (EPA), one of 38 grant recipients across the country, “As America continues to build more and upgrade our nation’s infrastructure under President Biden’s leadership, cleaner construction materials like concrete and steel are increasingly essential for the nation’s prosperity,” said…

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Heidelberg Materials Acquires Pennsylvania; Texas Operations

Heidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market.  Included with this acquisition are four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility, a construction services business and more than 350 employees. Earlier this…

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JCB Partners With Rock Legend Joe Walsh And VetsAid To Rock & Rebuild

JCB announced a special long-term partnership with multi-GRAMMY award winning musician and Rock and Roll Hall of Fame inductee Joe Walsh and his national 501(c)3 non-profit veterans organization and annual benefit festival, VetsAid. The partnership will raise awareness and funds for U.S. veterans through the power of rock and the transformative process of rebuilding. JCB often deploys its machines in war-torn…

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Dodge Momentum Index Up by Double Digits

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9. Over the month, commercial planning increased 14.5% and institutional planning ticked up 0.2%.   “Data centers continued to dominate planning projects in June – fueling another strong month for commercial planning,” stated Sarah Martin, associate…

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