Luck Stone announced that the company will open a new quarry in Prince Edward County, approximately five miles west of downtown Farmville, Va. Luck Stone anticipates that the site, which is located along U.S. Route 460, will be open for business in the summer of 2017.
Read MoreCategory: Latest News
MSHA Hits Aggregates, Cement Plants With Impact Inspections
The Mine Safety and Health Administration (MSHA) announced federal inspectors issued 130 citations and one safeguard during special impact inspections conducted at 10 coal mines and five metal and nonmetal mines in October 2016.
Read MoreU.S. Construction Equipment Exports Down 25 Percent
Exports of U.S.-made construction equipment fell 25 percent overall for the first three quarters of 2016 compared to 2015, for a total $8.2 billion shipped to global markets.
Read MoreTrump Taps Chao for Transportation Secretary
President-elect Donald Trump nominated former Labor Secretary Elaine Chao to head the Transportation Department. Chao is a former U.S. deputy transportation secretary who currently sits on the board of Vulcan Materials Co. Chao, the wife of Republican Senate Majority Leader Mitch McConnell, served as labor secretary under President George W. Bush and was the first Asian-American woman to hold a…
Read MoreCemex Custom Apps Designed for Best Customer Experience
Cemex plans an early-2017 release of custom apps designed in collaboration with IBM iX (Interactive Experience), creating the “best mobile-led customer experience in the building materials supply industry.”
Read MoreMDU Resources Provides Five-Year Capital Plan Forecast
MDU Resources Group Inc. announced its capital expenditure forecast for 2017 through 2021.
Read MorePublic-Sector Construction Needs Investment; Qualified Workers
Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor Department data released by the Associated General Contractors of America (AGC). Association officials said declining public-sector investments in infrastructure and other public projects were undermining construction employment…
Read MoreHousing Starts Jump 25.5 Percent in October
Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged 25.5 percent in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8…
Read MoreOctober Construction Starts Recede 4 Percent
New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016.
Read MoreBoral Ltd. Acquires Headwaters Inc.
Boral Ltd. will acquire Headwaters Inc. for $24.25 per share in cash, a deal valued at $2.6 billion, according to the companies.
Read More