TOP NEWS Summit Materials Completes Transaction The combined business will operate as Continental Cement Co. LLC., an existing wholly-owned subsidiary of Summit. Terex Finlay Holds Dealer Meeting, Product Demo Terex Finlay introduced two new machines to the North American market: the J-960 jaw crusher and the 873 heavy duty screener. Polaris Opens California Aggregates Terminal A self-discharging Panamax ship made…
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Illinois Law Addresses Underground Inspections; Reclamation Bonds
The Illinois legislature passed, and Gov. Bruce Rauner signed House Bill 123, a joint initiative of the Illinois Association of Aggregates Producers (IAAP) and the Illinois Department of Natural ResourcesDepartment of Natural Resources (IDNR).
Read MoreNSSGA Sues EPA Over WOTUS Rule
The National Stone, Sand & Gravel Association (NSSGA) filed a lawsuit as part of a coalition of business organizations challenging the Environmental Protection Agency’s (EPA’s) Waters of the United States (WOTUS) rule. WOTUS radically expands federal jurisdiction under the Clean Water Act and poses serious concerns for the aggregates industry and the nation.
Read MoreJune Construction Spending Ticks Up; Highways Rise
The U.S. Census Bureau of the Department of Commerce announced that construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1 percent (±1.5 percent) above the revised May estimate of $1,063.5 billion. The June figure is 12.0 percent (±2.1 percent) above the June 2014 estimate of $950.3 billion.
Read MoreU.S. Asphalt Demand to Reach 26.8 Million Tons in 2019
U.S. demand for asphalt is forecast to increase 3.3 percent annually to 26.8 million tons in 2019.
Read MoreSMI Names Beasley Sales Director
Screen Machine Industries (SMI) named Jody Beasley as national sales director for the United States and Canada. Beasley comes to SMI with 18 years of industry experience related to the Bobcat, Doosan and Ditch Witch product lines. Roles have included retail and wholesale credit management, financial sales, dealership management, district sales management, new dealer recruitment and channel-enhancement positions. Beasley brings key…
Read MoreMcLanahan Opens Latin American Office
For years, McLanahan Corp. has serviced customers throughout Latin America using a team of international sales people and a representative network in the area. Market growth has increased the demand for a team based in this region, which is why McLanahan is opening a new location in Santiago, Chile. Servicing all of South and Central America, along with the Caribbean…
Read MoreVulcan, Martin Marietta Look to Second Half of Year
Both Vulcan Materials and Martin Marietta Materials noted in their respective second-quarter results, that significant rainfall impacted what could have been even-better reports. What is the outlook for the second half of the year?
Read MoreWet Weather Rains On Vulcan’s Second Quarter Results
Vulcan Materials Co. announced results for the second quarter ending June 30, 2015. The company is reporting:
Read MoreRecord Rainfall Dampens Martin Marietta’s Q2 Results
Martin Marietta Materials Inc. announced its results for the second quarter ended June 30, 2015. The company is reporting consolidated net sales of $850.2 million compared with $601.9 million a year earlier, an increase of 41 percent. The company is also framing its results as “record net sales and operating earnings, despite the record rainfall experienced in its market areas.”
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