In a strategic move to bolster support for dealers and customers, Hitachi Construction Machinery Americas opened a sustainable, state-of-the-art headquarters facility. This adaptive-use facility will help propel the company’s growth in the Americas. It will facilitate the development and production of new machinery and elevate customer support.
Read MoreAuthor: Rock Products News
Housing Starts Decline in January on Multifamily Weakness
A sharp decline in multifamily starts pushed overall housing starts down in January even as single-family production showed signs of a gradual improvement later this year as interest rates continue to moderate.
Read MoreVulcan Materials Caps Year With Powerful Performance
Vulcan Materials Co. announced results for the quarter and year ended Dec. 31, 2023, reporting total revenues of $1.83 billion in the fourth quarter versus $1.73 billion in the fourth quarter of 2022; and $7.78 billion for full-year 2023 versus $7.32 billion for full-year 2022.
Read MoreBadger Mining to Acquire Athabasca Minerals
Athabasca Minerals Inc., together with its subsidiaries, has entered into a transaction agreement with Badger Mining Corp. for the acquisition of the corporation. The Transaction is to be implemented by way of a subscription agreement between the corporation and the purchaser, and a reverse vesting order (RVO) to be issued by the Alberta Court of King’s Bench under the Bankruptcy…
Read MoreELVAAN to Offer DEVELON Equipment in Ontario, Alberta
ELVAAN Equipment Solutions, formerly Jade Equipment Company, will offer a full line of DEVELON heavy and compact construction equipment in Alberta (Edmonton & Calgary) and Central Ontario (Orillia).
Read MoreKnife River Revenues Rise 12% in 2023 Paced by Northwest Region
Knife River Corp. announced financial results for the fourth quarter and full-year ended Dec. 31, 2023. For the three months ended Dec. 31, 2023, Knife River reported consolidated revenue of $646.9 million, a 20% increase from the prior-year period, driven by price increases across all core product lines and an extended construction season throughout its footprint.
Read MoreArmada Materials Completes Acquisition in Tennessee
Armada Materials LLC has acquired the assets of Wright Paving Contractors Inc. and Custom Stone LLC of Fayetteville, Tenn.
Read MoreMartin Marietta Has Best Year in Company History
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2023. For the fourth quarter, total revenues were $1.608 billion versus $1.477. billon for the fourth quarter of 2022, an 8.9% increase. For full year 2023, the company is reporting total revenues of $6.777 billion versus $6.161 billion in 2022, a 10% improvement.
Read MoreSuperior Announces ‘Most Significant Redesign to Conveyor Idlers in Decades’
Superior Industries Inc. announced “the most significant redesign to conveyor idlers in decades.” This update is backed by a substantial $4.5 million investment in cutting-edge idler manufacturing equipment at its American production locations. “Tens of thousands of Superior idlers are installed on our own conveyors every year, so roll performance really, really matters,” emphasized Jason Adams, president of Superior. “The…
Read MoreMartin Marietta Acquires BWI Southeast Assets
Martin Marietta announced that on Feb. 11, it entered into a definitive agreement to acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from affiliates of Blue Water Industries LLC (BWI Southeast) for $2.05 billion in cash.
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