Despite falling oil prices, the cost of paving with asphalt continues to rise across the U.S., according to a recent analysis from the Portland Cement Association (PCA). PCA stated that asphalt prices have reached record highs during the last six months.
Read MoreCategory: Latest News
MDU Construction Materials Business Grows
MDU Resources Group Inc. reported 2014 consolidated GAAP earnings of $297.5 million, or $1.55 per share, compared to $278.2 million, or $1.47 per share, in 2013. Consolidated GAAP earnings in the fourth quarter were $84.1 million, or 43 cents per share, compared to earnings of $91.3 million, or 48 cents per share, in 2013.
Read MoreHousing Markets Continue to Make Modest Gains
Markets in 63 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI). This represents a year-over-year net gain of 11 markets.
Read MoreNew NSSGA Membership Option Targets Small Producers
The National Stone, Sand and Gravel Association (NSSGA) announced a new level of membership for single-location operations with fewer than 10 non-office staff.
Read MoreAggregates Producers Take On Capitol Hill
On Feb. 10-11, The National Stone, Sand and Gravel Association (NSSGA) organized a Waters of the U.S. fly-in, which took place in Washington, D.C. The effort is targeting members of Congress who are either on the bubble or are leaning against NSSGA’s supported position on this controversial issue.
Read More‘Gold Rush’ Star to Keynote Young Leaders Luncheon
Dave Turin of Discovery Channel’s “Gold Rush” television series will be the keynote speaker at the Young Leaders Luncheon at NSSGA’s 2015 AGG1 Academy and Expo, March 17, 12:30 p.m., in Baltimore. Turin will discuss the importance of attracting and retaining talented young leaders for the aggregates and mining industries. The Young Leaders Luncheon will take place in the Baltimore Convention…
Read MoreMartin Marietta Takes Giant Leap Forward
Martin Marietta Materials Inc. reported its results for the fourth quarter and year ended Dec. 31, 2014. The company announced total fourth-quarter revenues of $856.3 million, aggregates revenues of $621 million and total 2014 revenues of $2,958 million.
Read MoreNSSGA Names Environmental Leadership Award Winner
Matthew Hinck, environmental manager, CalPortland Co., Glendora, Calif., has been selected to receive the National Stone, Sand and Gravel Association’s (NSSGA) 2014 Environmental Leadership Award. NSSGA’s Environmental Leadership Award recognizes an individual who has made exemplary contributions to the industry’s environmental responsiveness, is involved with NSSGA’s environmental programs and has direct day-to-day involvement with his company’s environmental affairs. “On one of the most…
Read MoreVulcan Has Huge Fourth Quarter; Full Year
Vulcan Materials Co. announced results for the fourth quarter ending Dec. 31, 2014, and full-year 2014. Total fourth-quarter revenues increased $75 million, or 11 percent, to $755 million, while gross profit increased $52 million, or 45 percent, to $170 million. Aggregates freight-adjusted revenues increased $68 million, or 18 percent, to $455 million
Read MoreEagle Materials’ Aggregates Revenues Rise
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2015 which ended Dec. 31, 2014. Notable items for the quarter in relation to the prior-year’s third quarter include: Record quarterly revenues of $292 million, up 27 percent. Record third quarter cement earnings of $37.6 million, up 44 percent. Record quarterly paperboard earnings of $9.1 million, up 37 percent. Wallboard…
Read More