House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.), and columnist, diplomat and author James Glassman will speak at the opening session of the National Stone, Sand and Gravel Association’s (NSSGA) 2015 Annual Convention, Monday, March 16, at the Baltimore Hilton, Baltimore. “Surface transportation reauthorization remains NSSGA’s highest legislative priority and we will hear directly from the bill’s primary architect,” NSSGA’s President…
Read MoreCategory: Latest News
JCB Introduces Tier 4 Final Wheel Loader, Excavators
JCB held a media event at its North American headquarters in Savannah, Ga., to introduce several new products. Rock Products Associate Editor Josephine Smith attended the event. “What we have done is to build on the remarkable achievements of our EcoMAX Tier 4 Interim engine and come up with an innovative ‘one can’ SCR solution. An engine that is compact, fuel efficient and…
Read MorePCA: Federal Emergency Funds Not Nearly Enough
The Department of Transportation (DOT) recently announced a $232 million relief fund to repair roads and bridges damaged by winter storms. While this is a positive step, long-term federal funding to mend our nation’s crumbling national infrastructure is still desperately needed, said the Portland Cement Association (PCA).
Read MoreDodge Momentum Index Rises in February
The Dodge Momentum Index increased to 126.3 (2000=100) in February, a gain of 4.3 percent from January’s 121.1, according to Dodge Data & Analytics. 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.
Read MoreVantaCore Drives Natural Resource Partners Increases
Natural Resource Partners L.P. (NRP) reported 2014 revenues and other income of $399.8 million compared to $358.1 million for 2013. Net income attributable to the limited partners for 2014 was $106.7 million, or $0.94 per unit, versus $168.6 million and $1.54 per unit for 2013.
Read MoreSummit Materials Plans IPO
Summit Materials Inc. is planning an initial public offering, according to a filing made with the U.S. Securities and Exchange Commission. The company hopes to raise to raise between $376 to $432 million.
Read MoreSuperior Industries to Purchase Clemro Western
Superior Industries, Inc., said it has entered into an agreement to acquire Clemro Western Ltd. The 30-year-old Calgary, Alberta, Canada-based company is a manufacturer and supplier of crushing and screening equipment in western Canada. The company also supplies to clients in the United States and throughout Latin America.
Read MoreJacomet Named State Association Exec of the Year
Patrick A. Jacomet, executive director of the Ohio Aggregates & Industrial Minerals Association (OAIMA), has been named the National Stone, Sand and Gravel Association’s (NSSGA) 2014 State Aggregates Association Executive of the Year.
Read MoreTRIP: South Dakota, New Mexico Face Challenges
According to new reports released by TRIP, a Washington, D.C.-based national transportation organization, both South Dakota and New Mexico face daunting transportation challenges.
Read MoreConstruction Spending Dips in January; Rises Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2015 was estimated at a seasonally adjusted annual rate of $971.4 billion, 1.1 percent (±1.2 percent) below the revised December estimate of $982.0 billion. The January figure is 1.8 percent (±1.6 percent) above the January 2014 estimate of $954.6 billion.
Read More