March 13, 2017 – I just returned from Las Vegas, where I spent a week attending the National Stone, Sand and Gravel Association (NSSGA) convention and ConExpo-Con/Agg 2017. The NSSGA convention was a huge success and ConExpo-Con/Agg was a beast. This was my ninth show, and it was by far the best. More than 127,000 people. More than 2.8 million sq. ft. of exhibit space.…
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Study: U.S. Aggregates Market to Hit 2.8 Gt by 2019
Sales of construction aggregates in the United States are forecast to expand at a 2.9 percent annual pace through 2019 to 2.8 billion metric tons (Gt), continuing to recover from the steep declines that occurred as a result of the country’s 2007-2009 economic recession and outperforming both its North American neighbors.
Read MoreOldcastle Buys Mulzer Crushed Stone
Tell City, Ind.-based Mulzer Crushed Stone has been purchased by Oldcastle Materials. Oldcastle also concluded several smaller stone, aggregate and asphalt transactions in Connecticut, Minnesota, Washington and Montreal that complement the company’s South, North, Central and West Divisions, along with CRH Canada.
Read MoreSummit Materials’ Integrated, Materials-Based Model Drives Success
Summit Materials Inc. announced that for the 12 months ended Dec. 31, 2016, the company’s net income was $36.8 million and adjusted net income was $98.3 million. For the three months ended Dec. 31, 2016, the company is reporting a net loss of $300,000 and adjusted net income of $21.0 million.
Read MoreBurnco Acquires Bestway Concrete of Colorado
Burnco Rock Products Ltd. has acquired Bestway Concrete Co., a leading ready mix concrete and aggregate producer in the metro Denver and northern Colorado regions.
Read MoreMartin Marietta Materials Reports Record Results
Martin Marietta Materials Inc. reported record results for the fourth quarter and full year 2016. For the fourth quarter of 2016, Martin Marietta achieved net sales of $889.0 million compared with $780.8 million in the 2015 fourth quarter; EBITDA was $229.7 million compared with $204.4 million; and earnings per diluted share were $1.55 compared with $1.26.
Read MoreNew Enterprise Stone & Lime Completes Strategic Acquisitions
New Enterprise Stone & Lime Co. Inc. (NESL) has acquired the core assets of Berks Products Corp. and EJB Paving & Materials Co. The strategic acquisitions consist of two aggregate plants, two hot mix asphalt plants, four ready mixed concrete plants, and a construction supply center in Berks County, Pa.
Read MoreDolese Day Proclaimed by Oklahoma Governor
Feb. 10 was officially named as ‘Dolese Day’ by Oklahoma Gov. Mary Fallin. The date marks 115 years of Dolese Bros. Co. helping to build Oklahoma.
Read MoreVulcan Materials Touts Aggregates Shipments, Price Improvements
Vulcan Materials Co. announced results for the fourth quarter ended Dec. 31, 2016. The company’s fourth quarter results reflect solid price growth in aggregates and higher gross profits in the company’s Asphalt and Concrete segments, partially offsetting the earnings effect from a 3.5 percent decline in aggregates shipments.
Read MoreNSSGA Announces Community Relations Excellence Awards
The National Stone, Sand and Gravel Association (NSSGA) announced the Gold Award winners of the Community Relations Excellence Awards.
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