Jan. 4, 2024 – There is an interesting article in Birmingham Watch, entitled, “In Alabama, What Does It Take to Shut Down a Surface Mine Operating Without Permits?” The article begins, “When state environmental regulators in June approached the president of Rock Creek Stone, an Alabama-based sandstone quarry along Rock Creek, they were clear that a National Pollutant Discharge Elimination System permit and…
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The AVP Pulse Index for December
Dec. 27, 2023 – The AVP Pulse Index this month rose 0.6% month-over-month, while increasing 3.8% year-over-year. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly or quarterly. “With our proprietary algorithm, a…
Read MoreElectric Vehicles and Transportation Revenue
Dec. 20, 2023 – According to a note in CalCIMA’s e-newsletter, the Legislative Analyst’s Office (LAO) issued a report that says the conversion from gasoline and diesel- powered cars and trucks to more efficient or electric ones will decrease annual transportation revenue noticeably by 2034-2035. Currently, dedicated transportation revenue from fuel and weight taxes and fees amounts to $14.2 billion…
Read MoreDunning Keeps It Running
Dec. 11, 2023 – There is a great story in the Hartford Business Journal about Benjamin Dunning, fourth-generation owner of Dunning Industries Inc., a Farmington, Conn., quarry and materials supplier – who survived a plane crash – and believes in diversifying to keep business growing as the rock supply dwindles.
Read MoreWatch Video of the MLPA Panel Discussion
The Missouri Limestone Producers Association held an industry panel discussion at its 78th Convention in Lake of the Ozarks, Osage Beach, Mo., and I was honored to serve as moderator. Participants included Chris Schlict, Epiroc; Anne Noonan, CEO of Summit Materials; John Griesemer; Erlen Group and George Reddin, FMI Capital. Topics covered included the state of the industry; inflation; production…
Read MoreMLPA Panel Discussion a Success
Nov. 30, 2023 – The Missouri Limestone Producers Association held an industry panel discussion at its 78th Convention in Lake of the Ozarks, Osage Beach, Mo., and I was honored to serve as moderator. Participants included Chris Schlict, Epiroc; Anne Noonan, CEO of Summit Materials; John Griesemer; Erlen Group and George Reddin, FMI Capital. Topics covered included the state of…
Read MoreThe AVP Pulse Index for November
Nov. 21, 2023 – The AVP Pulse Index this month dropped 0.7% month-over-month, while increasing 2.9% year-over-year. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly or quarterly. “I get asked what the…
Read MoreKomatsu’s Quarry Days 2023
Nov. 14, 2023 – Quarry Days is an annual event held at Komatsu’s Arizona Proving Grounds that offers dealers and customers the opportunity to operate Komatsu mining and construction equipment, learn about the latest technology innovations and talk to product experts. SEMCO’s Donna Schmidt, editor of North American Mining magazine is on-hand to represent Rock Products. Komatsu’s Arizona Proving Grounds is a 660-acre site…
Read MoreMLPA Roundtable on Tap
Nov. 10, 2023 – I am pleased to announce that I will be moderating an executive roundtable discussion at the Missouri Limestone Producers Association’s (MLPA) 78th annual convention on Nov. 30th in Lake of the Ozarks, Mo. Featured participants include Anne Noonan, CEO, Summit Materials; John Griesemer, Erlen Group; Chris Schlicht, N.A. supply chain manager, Epiroc; and George Reddin, managing director, FMI…
Read MoreMartin Marietta Looks Ahead
Nov. 1, 2023 – In its just released quarterly report, Martin Marietta Materials provided a preliminary look at what it expects in 2024. The company stated, “Aggregates shipments are expected to be relatively flat, as strong demand from public infrastructure and heavy nonresidential projects of scale will partially offset an anticipated softening in the interest-rate sensitive, private light nonresidential and…
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