LafargeHolcim is reporting a “good start to the year” with like-for-like net sales up 3.1 percent despite the impact of adverse weather and fewer working days in the first quarter of the year.
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Vulcan Sells Ready-Mixed Plants to Thomas Concrete
Vulcan Materials Co. sold eight operational ready-mixed concrete plants, and 13 that are currently idle or in standby mode, to Thomas Concrete Group. The plants are located in Georgia.
Read MoreConstruction Costs Rise in February
Construction costs escalated in February, driven by price increases for a wide range of building materials including steel and aluminum, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials warned that newly imposed tariffs on those metals will create steeper increases that will squeeze budgets for infrastructure, school districts and commercial projects.
Read MoreMartin Marietta Roars to Record Revenues, Profitability, Earnings
Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016.
Read MoreMartin Marietta Third Quarter Stymied by Hurricanes
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2017. The company is reporting versus the prior-year period:
Read MoreCRH to Acquire Ash Grove Cement
Ash Grove Cement Co. announced that it has entered into a definitive merger agreement with CRH plc, under which CRH plc will acquire Ash Grove in a transaction valuing Ash Grove at $3.5 billion on an enterprise value basis.
Read MoreCemex Delivers Knowledge to Customers at Building-Materials Forum
Cemex hosted close to 70 customers at its first-ever building-materials forum Aug. 23 in Scottsdale, Ariz., sharing global knowledge and best practices with clients to help them prepare for upcoming changes in the construction industry.
Read MoreMartin Marietta Scores Record Second Quarter Results
Martin Marietta Materials Inc. reported record results for the second-quarter ended June 30, 2017, including consolidated net sales of $996.3 million, an increase of 8.8 percent compared with $915.4 million in the second quarter of 2016. The company also reported:
Read MoreConstruction Material Prices Building Up Construction Costs
Construction costs rose again in July, according to IHS Markit and the Procurement Executives Group (PEG). The headline IHS Markit PEG Engineering and Construction Cost Index registered 51.3, down from 51.5 in June. Both material/equipment and labor had few categories with falling prices. While the material/equipment sub-index rose, the labor sub-index showed some weakness.
Read MoreSingle-Family Housing Starts Bounce Back in June
Nationwide housing starts rose 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 6.3 percent to a seasonally adjusted annual rate of 849,000 units from a below-trend May reading of 799,000, while multifamily starts…
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