Continental concluded its acquisition of U.S. rubber company Veyance Technologies Inc, Fairlawn, Ohio, on Jan. 30. On Jan. 29, the Brazilian antitrust authority CADE (Council for Economic Defense) cleared the transaction with certain conditions, thus providing the approvals necessary for completion. International automotive supplier, tire manufacturer and industrial partner Continental is boosting its worldwide industrial business with this acquisition, which…
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Aggregates Production Rises in 2014
In 2014, total construction aggregates production rose to an estimated 2.171 billion metric tons, representing a total value of $19.8 billion, according to the U.S. Geological Survey’s Mineral Commodity Summaries 2015 report. The estimated production volume represents more than a 7 percent increase over 2013 total production, which was a reported 2.027 billion metric tons. An estimated 1.26 billion metric tons of…
Read MoreSenate Committee Gets Serious About Infrastructure
The Senate Environment and Public Works Committee officially kicked off its transportation reauthorization efforts Jan. 28 with a hearing featuring panels consisting of Transportation Secretary Anthony Foxx and the governors of Alabama and Vermont, as well as the South Dakota Secretary of Transportation, according to the National Stone, Sand and Gravel Association (NSSGA).
Read MoreUSGS Index Supports Industry Growth
The nonmetallic mineral products industry leading index increased 0.3 percent to 240 in December from 239.5 in November, according to the latest report from the U.S. Geological Survey (USGS). However, its 6-month smoothed growth rate remained at the 2.2 percent growth rate of November.
Read MoreNSSGA Names Annual Gold Award Winners; Platinum Qualifiers
The National Stone, Sand and Gravel Association (NSSGA) recognized aggregates operations in the United States and Canada with an extraordinary commitment to safety, superior environmental stewardship and community involvement in 2013-2014. The underlying goal of these recognitions is to spur innovation and encourage continual quarry improvements, according to the association.
Read MoreMSHA Received 49 Discrimination Complaints in 2014
Not long after a miner who maintained a dust collector machine at a cement facility in San Bernardino County, Calif., contacted the Mine Safety and Health Administration (MSHA) about safety hazards, he was suspended and then terminated in April 2014. MSHA filed a motion for temporary reinstatement of the miner, and the mine operator, Riverside Cement Co., agreed to temporary…
Read MoreDouble-Digit Spike for December New Home Sales
Sales of newly built, single-family homes rose 11.6 percent in December to a seasonally adjusted annual rate of 481,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreConstruction Starts Rose 7 Percent in 2014
For 2014 as a whole, total construction starts climbed 7 percent to $575.3 billion, according to Dodge Data & Analytics. This continues the pattern of moderate expansion for total construction starts reported during the previous two years – 2012, up 10 percent; and 2013, up 9 percent.
Read MoreDeficient Roads, Bridges Cost New Jersey $11.8 Billion Annually
Roads and bridges that are deficient, congested or lacking desirable safety features cost New Jersey motorists a total of $11.8 billion statewide annually – nearly $2,000 per driver – due to higher vehicle operating costs, traffic crashes and congestion-related delays. Increased investment in transportation improvements at the local, state and federal levels could relieve traffic congestion, improve road and bridge…
Read MoreNSSGA: EPA Connectivity Report Flawed
The U.S. Environmental Protection Agency (EPA) released the Final Connectivity of Streams and Wetlands to Downstream Waters Report, which is intended to support EPA’s sweeping, proposed Waters of the U.S. rule.
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