The nonmetallic mineral products industry leading index increased to 251.5 in September from a revised 250.5 in August, its six-month smoothed growth rate increased to 1.2 percent in September from a revised 0.7 percent in August.
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Demand Rises for United States Lime & Minerals Products
United States Lime & Minerals Inc. reported third quarter 2016 results. Revenues in the third quarter 2016 were $38.7 million, compared to $37.0 million in the comparable 2015 quarter, an increase of $1.6 million, or 4.4 percent.
Read MoreMartin Marietta Scores Record Sales, Profits and Earnings
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter were impacted by significant rainfall and…
Read MoreVulcan Third Quarter Revenues Down, Profits Up
Vulcan Materials Co. announced results for the third quarter ended Sept. 30, 2016. Total revenues decreased $30 million, or 3 percent, to $1,008 million. Gross profit increased $13 million, or 4 percent, to $304 million.
Read MoreBarton Dies; Former Caterpillar Chairman
Glen Barton, former Caterpillar Inc. chairman and chief executive officer (CEO), died in Peoria, Ill., at age 77. Barton retired in 2004 after nearly 43 years of service to Caterpillar, spending the last five as chairman and CEO.
Read MoreNew Home Sales Rise in September
Sales of newly built, single-family homes rose 3.1 percent in September from a downwardly revised August reading to a seasonally adjusted annual rate of 593,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreWOTUS Rule Flawed, Says Congressional Committee
The process that led to the Environmental Protection Agency’s (EPA’s) Waters of the United States (WOTUS) rule “was rife with legal shortcuts, predetermined conclusions, and politically-driven timelines,” according to the House Oversight and Government Reform Committee.
Read MoreEagle Materials Reports Strong Second Quarter
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2017 ended Sept. 30, 2016. Notable items for the quarter include (comparisons, unless otherwise noted, are with the prior year’s second quarter):
Read MoreMSHA Hits Texas Quarry With Imminent Danger Order
The U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) announced that federal inspectors issued 146 citations, six orders and one safeguard during special impact inspections at 11 coal mines and five metal and nonmetal mines in September 2016.
Read MoreCarmeuse Lime and Stone Donates Limestone for Park
Carmeuse Lime and Stone recently donated 4,000 tons of limestone to Wald Park, Inc., a nonprofit in Maysville, Ky., that is renovating a park into a modern, state-of-the-art sports complex for the surrounding community.
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