May 12, 2020 – According to Associated General Contractors (AGC) of America’s Economist Ken Simonson, construction technology firm Procore released an analysis of the decline in construction work hours since March 1 by week, state, project type and contractor revenue size, based on hours tracked by Procore clients. Hours totaled 14.0 million (representing roughly 400,000 employees) during the week of March 1. The data shows…
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Take Action: Urge Congress to Support DoTs
March 7, 2020 – The National Stone, Sand and Gravel Association (NSSGA) is urging aggregates producers to support their state Department of Transportation (DoT). Without Federal assistance, state DoTs are vulnerable to disruption due to lack of funding resources. As our nation continues to adjust to the compounding impacts of the COVID-19 pandemic, it is imperative that state DoTs receive federal relief in response…
Read MoreVulcan’s Hill Addresses COVID-19
May 6, 2020 – Tom Hill, chairman and chief executive officer of Vulcan Materials Co., weighed in on COVID-19 and its impact on the company’s operations in its just-released quarterly report. “The impact from the COVID-19 global pandemic continues to evolve quickly, and it is too early to estimate accurately the full-year impact on aggregates demand,” he said. “Because we have…
Read MoreMartin Marietta Looks Ahead
May 5, 2020 – Martin Marietta Materials, in its first-quarter report, said that of the company’s three primary end uses, the outlook for infrastructure construction, particularly for aggregates-intensive highways and streets, is expected to be the most near-term resilient. While the majority of the United States has currently been ordered to shelter in place, most state Departments of Transportation (DOTs) are currently…
Read MoreSummit Evaluates Direction Forward
April 29, 2020 – While COVID-19 is not having a major impact – yet – on current business conditions, companies are certainly putting future plans on hold and evaluating expansion opportunities. Summit Materials in its first-quarter report noted, “Summit is withdrawing its previously announced 2020 Adjusted EBITDA guidance until the company has better visibility into the extent of economic disruption related…
Read MoreDigital Distancing
April 23, 2020 – In response to the need for greater worker protection during the COVID-19 pandemic, Triax Technologies Inc., a provider of Internet of Things (IoT) worksite technology, announced a new IoT system, Proximity Trace. The new solution provides proximity distancing alerts and contact tracing through a wearable device for workers across many industries, including construction, heavy industrial, energy and…
Read MoreNSSGA Wants to Tell Your Story on Earth Day!
April 14, 2020 – Earth Day is next Wednesday, April 22, and the National Stone, Sand and Gravel Association (NSSGA) wants to highlight member company’s environmental efforts on social media. “We’re planning to target policymakers in sharing your business actions as good environmental stewards,” NSSGA said. “Consider sharing your best photos, graphics, quotes, etc. and adding #EarthDayRocks to your posts, so we can track them and…
Read MoreRogers Group Moves Forward
April 9, 2020 – Rogers Group is open for business. “Many government officials have issued ‘stay-at-home’ orders, requiring residents to stay inside their homes unless involved in certain ‘essential activities’,” the company stated. “These orders include construction and infrastructure activities as being ‘essential.’ As such, there will be no interruption of service from Rogers Group operations throughout our markets. Please refer…
Read MoreImpact on Construction
April 7, 2020 – According to Associated General Contractors of America (AGC) chief economist Ken Simonson, once again last week, contractors reported more widespread impacts of the coronavirus pandemic on construction. AGC’s third weekly online survey, conducted March 30-April 2, drew 1,296 respondents, of whom 55% (up from 39% in the March 23-26 survey) reported that an owner (including a public owner regarding its own projects) had…
Read MorePelosi, Trump Align on Infrastructure Bill as Economic Relief
March 31, 2019 – House Speaker Nancy Pelosi said a “Phase 4” economic-relief package could include “more direct payments” to Americans and spending on infrastructure. “The president said during the campaign and since, infrastructure was a priority for him. So that’s why we believe that in terms of recovery, that’s probably the most bipartisan path that we can take,” Pelosi said.…
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