Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased 8.0% to a 664,000 seasonally adjusted annual rate from an upwardly revised reading in November, according to newly released data by the U.S. Department of Housing and…
Read MoreAuthor: Rock Products News
Rice University Study: Coal-Based Product Could Replace Sand in Concrete
A study by Rice University researchers found that graphene derived from metallurgical coke, a coal-based product, could serve not only as a reinforcing additive in cement but also as a replacement for sand in concrete. “This could have a major impact on one of the biggest industries in the world,” said James Tour, Rice’s T. T. and W. F. Chao…
Read MoreEagle Materials Reports Record Third Quarter Results
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2024 ended Dec. 31, 2023. The company is reporting record revenue of $558.8 million, up 9% and record net earnings of $129.1 million, up 10%.
Read MoreMissouri Governor Details Funding
Jan. 26, 2024 – The Missouri Limestone Producers Association reported that Gov. Mike Parson’s final State of the State address had some big items for the limestone and mining industries:
Read MoreSingle-Family Starts Down in December but Post Solid Showing
In a sign that lower mortgage rates continue to boost the housing market, single-family production surpassed the million mark for the second straight month in December.
Read MoreDodge Momentum Index Rises in December
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, rose 3% in December to 186.6 (2000=100) from the revised November reading of 181.5. Over the month, commercial planning grew 1.0% and institutional planning improved 6.1%.
Read MoreIntermat 2024: Wirtgen Group to Showcase Sustainable Road Construction
The appearance of the Wirtgen Group at Intermat, April 24-27 in Paris, sets a major focus on environmentally compatible technologies, solutions and applications that make decisive contributions to the reduction of CO₂ emissions in the construction industry, the company stated.
Read MoreKomatsu Introduces GD955-7 Motor Grader To North American Market
Komatsu introduced the new GD955-7 motor grader to the North American market. The GD955-7 offers operators the control and precision needed to build and maintain haul roads for truck fleets of 100 tons and up and is an important addition to Komatsu’s motor grader lineup.
Read MoreCanAmerican Stone Spreader, Gravel Conveyors Forge Strategic Agreement
CanAmerican Stone Spreader and Gravel Conveyors Inc. (GCI) have entered into a strategic agreement to expand distribution in the United States. GCI will be a distributor and service center for all CanAmerican Stone Spreader products in the United States.
Read MoreConstruction Starts Rocket in December
Total construction starts grew 20% in December to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. Nonresidential building starts rose 37% during the month, while residential starts gained 8% and nonbuilding starts improved by 13%.
Read More