First Look May 2024

TOP NEWS WIA takes part in AGG1 Academy?On the first day of AGG1, Women in Aggregates (WIA) – formed by SEMCO Publishing, the parent company of Rock Products magazine – sponsored a successful AGG1 Academy session and networking mixer at the Music City Center in Nashville. The interactive “Finding the Next Generation of Women in the Aggregates Industry” panel featured…

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MLC Names Kiefer to Key Position

MLC (formerly Mississippi Lime Company) has named Mike Kiefer as vice president, finance and chief financial officer. As part of the global lime company’s executive leadership team, Kiefer will be responsible for implementing the strategic financial and systems objectives of the company. He will also oversee financial planning and analysis, accounting and information technology. A proven strategic leader with more…

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Vulcan Materials Revenues Down Slightly in First Quarter

Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $1.546 billion compared to $1.649 billion in the first quarter of 2023. However trailing 12-month revenues were $7.679 billion in the first quarter compared to $7.424 billion in the first quarter of 2023. Aggregates Segment total revenues were $1.291 billion, versus $1.297 billion in the first quarter of…

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NSSGA Holds Successful 2024 Young Leaders Meeting

The National Stone, Sand & Gravel Association (NSSGA) convened its 2024 Annual Young Leaders Meeting in San Antonio. The meeting, held April 28-May 1, attracted more than 338 participants from across the country. This is the aggregates industry’s premier opportunity for professionals under the age of 40 to learn more about the industry, build leadership skills and grow a strong…

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Breedon Insight

May 1, 2024 – I had the opportunity to reach out to BMC Enterprises’ Chief Operating Officer/Managing Director Andy Arnold (center in the accompanying picture) to discuss Breedon’s move into the U.S. construction materials market. Arnold, who started his career in 1989 with what was at the time Redland, a UK-based construction material company later acquired by Lafarge, has quite a…

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March Construction Spending Falls, Highways Up

According to the U.S. Census Bureau, construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2% (±0.8%) below the revised February estimate of $2,087.8 billion. The March figure is 9.6% (±1.3%) above the March 2023 estimate of $1,901.4 billion. During the first three months of this year, construction spending amounted to $461.0 billion,…

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In California, Are Sand And Gravel ‘Minerals’?

A New California Appellate Decision Broadly Interprets Mineral Rights Reservations In Grant Deeds To Include Sand And Gravel. By Mhare O. Mouradian, MaryBeth Heydt and Destinee Burrell As goes California, so goes the nation? When interpreting general mineral reservations in grants or deeds, California courts have not, until recently, considered sand and gravel – aggregate – a “mineral.” That changed…

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Construction Starts Dip 1% in March; Highways Up

Total construction starts fell 1% in March to a seasonally adjusted annual rate of $1.06 trillion, according to Dodge Construction Network. Nonresidential building starts fell 9%, while nonbuilding starts improved by 7%, and residential starts moved 1% higher.  Highway and bridge starts rose 15%. On a year-to-date basis through March total construction starts were up 13% from the first three…

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Unearthing Opportunity at The Sheep Hill Cinder Mine 

Nestled amidst the rugged landscapes of Flagstaff, Ariz., lies a hidden gem that has sparked the interest of investors and developers alike – the Sheep Hill Cinder Mine. With its abundant deposit of cinder material and versatile applications, this mine presents a unique opportunity for acquisition and development. A Rich History – The Sheep Hill Cinder Mine boasts a rich history dating…

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