Dodge Momentum Index Moves Higher in March

The Dodge Momentum Index moved 4% higher in March to 166.9 (2000=100), up from the revised February reading of 160.3. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. 

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Eriez Celebrates 80 Years in Business

The Eriez story begins in 1942 when founder O.F. Merwin installed a permanent magnet in a grain mill. The company today consists of a workforce of more than 900 individuals located throughout 12 wholly owned international subsidiaries on six continents and is a world leader in magnetic separation, flotation, metal detection and material-handling equipment technology. Over eight decades, Eriez has…

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Lehigh Hanson Adds Georgia Market Assets

Lehigh Hanson Inc. acquired the assets of Meriwether Ready Mix, a Griffin, Ga., operator serving residential and commercial building customers from four plants south of Atlanta. The transaction is a bolt-on to Lehigh Hanson’s Fairburn Ready Mix business, whose seven plants are located mostly along the Interstate 85 corridor from Fairburn, Ga., near Atlanta, to Auburn, Ala. “After the acquisition…

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Summit Materials Announces Climate, Inclusion Targets

Summit Materials Inc. announced the publication of its 2021 Environmental, Social and Governance Report and its inaugural Diversity, Equity and Inclusion Report. These reports provide an update on the company’s progress toward its environmental, social and governance initiatives and outline its updated long-term goals. CEO of Summit Materials, Anne Noonan, commented, “Our three North Star Pillars of Human/Social Impact, Land…

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CEMEX to Up Production of Lower Carbon PLC in Colorado

CEMEX USA announced that as part of its efforts to reduce CO2 emissions, the company has increased production of portland-limestone cement (PLC) at its plant in Lyons, Colo., with the environmentally friendly, lower carbon building material expected to become the plant’s primary product by this summer. CEMEX USA has been ramping up production of PLC across the United States as…

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CBM Aggregates’ Shelter Valley Plant Receives OSSGA Rehabilitation Award

CBM Aggregates’ Shelter Valley Pit in the Township of Alnwick/Haldimand, Ontario, Canada, received the Ontario Stone, Sand & Gravel Association’s (OSSGA) 2021 Progressive Rehabilitation Award, presented at OSSGA’s 2022 Conference and annual general meeting at the end of February. Shelter Valley Pit earned its first Progressive Rehabilitation Award for its success in transforming the extraction faces around its east and…

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Martin Marietta Achieves Record Safety Performance

Martin Marietta employees set new benchmarks for safety in 2021 as the company completed its safest year on record. Heritage operations reduced reportable incidents by 21%, which led to Martin Marietta teams achieving a total injury incidence rate (TIIR) of 0.84; the performance exceeded the world-class TIIR standard of 0.90 for the first time in company history. Three operating divisions…

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Reports from Rhode Island, Canada, California

Charlestown, R.I., council members passed two resolutions calling on action from the state as Charlestown joins a growing list of communities that are seeking to resurrect legislation first presented in 2016 that would let towns better regulate and monitor quarry activity. The resolutions, which were presented by councilor Bonnie Van Slyke and passed unanimously, take aim at addressing combinations of…

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Total Construction Starts Increase in February; Highways Flat

Total construction starts rose 9% in February to a seasonally adjusted annual rate of $1.013 trillion, according to Dodge Construction Network. Nonresidential building starts swelled 32% due to the start of three large manufacturing facilities. By contrast, residential starts fell 3%, and nonbuilding starts fell by less than 1%. Without the three large manufacturing projects, total construction would have declined…

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