Cemex reported its fourth quarter and full-year 2024 results, with net income of $939 million, a record in the company’s recent history. Net sales decreased by 1% to $16,200 million in 2024 and remained flat at $3,811 million in the fourth quarter. Cemex launched “Project Cutting Edge”, a three-year, $350 million saving initiative to streamline operations and improve efficiency, heavily…
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Eagle Materials’ Aggregates, Cement Revenue Declines
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2025 ended Dec. 31, 2024. The company is reporting: Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, as well as Joint Venture and intersegment Cement revenue, was down 4% to $351.8 million. Heavy Materials operating earnings decreased 20% to $85.4 million. Both declines resulted from…
Read MoreUnited States Lime & Minerals Records Double-Digit Growth
United States Lime & Minerals Inc. reported fourth quarter and full year 2024 results. The company’s revenues in the fourth quarter 2024 were $80.1 million, compared to $65.7 million in the fourth quarter 2023, an increase of $14.4 million, or 21.9%.
Read MorePermitting Update: Kansas
The limestone Bayer Construction mines out of the Crest Quarry, near 2400 Avenue and Vane Road, provides raw material for the concrete used in roads, sidewalks, and foundations around Fort Riley, Geary, Dickinson and surrounding counties. Bayer does the quarrying on property owned by Jim and Ranie McLaughlin and leased by David Walker. With the exception of a few years…
Read MoreAASHTO Hosts Senate Transportation Leaders
The leaders of the Senate Committee on Environment and Public Works (EPW) recently shared their thoughts on key transportation issues ahead for the 119th Congress during the American Association of State Highway and Transportation Officials (AASHTO) 2025 Washington Briefing at the Westin DC Downtown Hotel in Washington, D.C., AASHTO reported. Sen. Shelley Moore Capito (R-W.Va.), chair of the EPW committee,…
Read MoreUSGS Reports Lime Data
According to the U.S. Geological Survey (USGS), in 2024, an estimated 16 million tons of quicklime and hydrated lime was produced (excluding independent commercial hydrators), valued at about $3.2 billion. Lime was produced by 26 companies – 17 with commercial sales and nine that produced lime strictly for internal use (for example, sugar companies). These companies had 73 primary lime…
Read MorePermitting Update: Oregon
According to KVAL, after nearly a decade of pushback and debate, a controversial proposal for a rock quarry on TV Butte near Oakridge has just received the green light from the Lane County Board of Commissioners. On Tuesday, by a 3 to 2 vote, the commissioners tentatively approved the proposal, which would rezone 46 acres of forest land. This change will…
Read MoreTariff-wise PCA Frames Canada, Mexico Imports in Tonnage, Destination Terms
The Portland Cement Association (PCA) has weighed in on the national debate over international tariffs proposed by the Trump Administration.
Read MoreUSGS Quantifies U.S. Mineral Production
The overall value of U.S. mineral production edged up by $1 billion in 2024 to $106 billion, according to the U.S. Geological Survey’s annual Mineral Commodity Summaries. Record prices for gold and silver buoyed the total, more than compensating for a 40% to 60% fall in the value of U.S. production of critical minerals used to make lithium-ion batteries. …
Read MoreWhite House Rescinds Executive Order That Threatened IIJA Funding
The White House has rescinded an executive order that froze trillions of dollars in federal grants and loans, and sparked mass confusion across the country. A federal judge had temporarily blocked it. The executive order paused disbursements for the bipartisan Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA), threatening ongoing construction projects across the United States. The…
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