Dodge Momentum Index Increases in February

The Dodge Momentum Index climbed 0.5 percent in February to 126.1 (2000=100) from its revised January reading of 125.5. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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NSSGA Honors Industry Advocates

The aggregates industry continually faces legislation in Congress that directly impacts the bottom lines and the operations of National Stone, Sand and Gravel Association (NSSGA) member companies. Each year, NSSGA recognizes outstanding advocates for aggregates with Grassroots Awards that highlight their efforts to educate lawmakers on the value of the industry and legislation that can benefit operations around the country.

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Volvo CE Kicks Off ‘Golden Hauler’ Tour

Volvo Construction Equipment (Volvo CE) launched the world’s first articulated hauler, the Volvo DR 631, in 1966. This year, Volvo CE will be celebrating the articulated hauler’s 50th anniversary with a custom-painted A40G hauler, dubbed the “Golden Hauler,” which will travel around the United States and Canada to make special appearances at dealer-sponsored events. The tour kicked off last month at…

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Major Wire Appoints New President

Major Wire Industries Limited, wholly owned subsidiary of Haver & Boecker, is getting a new CEO. President and CEO Jean Leblond has retired as of Jan. 31, 2016, after 26 years of service as owner of the company. Taking over is Alain Durand, who was the vice-president of international sales. “Major Wire has grown significantly and succeeded under Jean’s leadership,” said…

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January Construction Spending Climbs Higher

The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2016 was estimated at a seasonally adjusted annual rate of $1,140.8 billion, 1.5 percent (±1.0 percent) above the revised December estimate of $1,123.5 billion. The January figure is 10.4 percent (±1.6 percent) above the January 2015 estimate of $1,033.3 billion.

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Presque Isle Quarry Receives Environmental Awards

Lafarge North America, a LafargeHolcim company, announced that its Presque Isle Quarry in Michigan received two awards from the Wildlife Habitat Council (WHC) for its environmental and conservation efforts during the past year, including the 2015 Upland Management Award as well as a recertification of programs with WHC.

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