Pricing Strategies (Part One)

Does Your 2024 Budget Set You Up For Failure? By Barry Hudson and Steve Franklin In the first of this two-part series, the authors state the challenge and offer initial advice. In part two, they identify solutions. – Ed. For such an operationally focused industry, quarry operators are very poor at planning, specifically sales and operational planning (S&OP). It’s hardly…

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Awash in Success

EIW Sand Plants Have Served Silvi Materials Well Over The Past 25 Years. By Mark S. Kuhar Silvi Materials is a construction-materials supplier with 25 different locations across Pennsylvania and New Jersey. The family-owned business was founded in 1947 by Laurence Silvi to help companies, contractors and homeowners build a better future. Today, with sons John Silvi and Laurence Silvi…

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Great Lakes Limestone Trade Up 22.8% in November

Shipments of limestone on the Great Lakes totaled 3.1 million tons in November, an increase of 22.8% compared to a year ago. Limestone cargos were 7.3% above the month’s five-year average. Loadings from U.S. quarries increased 23.6% from 2022 to 2.6 million tons. Shipments from Canadian quarries totaled 536,912 tons, an increase of 19.2%. Year-to-date the limestone trade stands at nearly…

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Holcim US Rebrands Chicagoland Operations

Holcim US is bringing its rebrand initiative back to its hometown of Chicago, uniting legacy operations in the Greater Chicago Area, according to the company. Former Lafarge operations in the Greater Chicago Area include aggregate sites in Joliet, Lemont, Romeoville, Summit, North Aurora, Algonquin, South Elgin, Elburn, McHenry, Sheridan, and Newark, a slag grinding facility in South Chicago and cement…

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Eagle Materials Achieves Record Revenue in Second Quarter

Eagle Materials Inc. reported financial results for the second quarter of fiscal 2024 ended Sept. 30, including record revenue of $622.2 million, up 3% and record net earnings of $150.6 million, up 8% Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $426.9 million, a 10% increase. Heavy Materials operating…

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TACA Celebrates the Environment, Sustainability, Safety

The Texas Aggregates & Concrete Association (TACA) – the leading state trade association for the aggregate, concrete, cement and associated industries – welcomed 124 attendees to its annual Environmental, Sustainability & Safety Seminar on Oct. 19-20, at The Westin Irving Las Colinas in Irving, Texas. In addition to hearing from industry experts on climate change, air quality monitoring, truck safety…

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U.S. Geological Survey Reports Mineral Commodities

Sept. 19, 2023 – U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the U.S. Geological Survey to the Board of Governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity indexes and capacity utilization rates. These measures cover manufacturing, mining…

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Mineral Commodity Summaries

Snapshots Of The Crushed Stone, Sand And Gravel, Industrial Sand, Cement, Gypsum And Lime Markets The U.S. Geological Survey (USGS) estimates the annual output of construction aggregates produced for consumption in 2022 was 2.44 Gt, unchanged from that of 2021, according to Jason Christopher Willett, commodity specialist. The estimated annual output of crushed stone produced for consumption in 2022 was…

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Lafarge Canada Electrifies Work Truck Fleet

Lafarge Canada announced a significant milestone in its commitment to sustainability and the journey towards achieving net-zero emissions. The company is taking a pivotal step by electrifying its work truck fleet in conjunction with North American electric vehicle supplier Vicinity Motor Corp. (VMC), resulting in a reduction in scope 1 emissions on site. Lafarge is Canada’s largest provider of sustainable…

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Eagle Materials Reports Record Quarterly Revenues

Eagle Materials is reporting record revenue of $601.5 million, up 7%, and record net earnings of $120.8 million, up 15%. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $396 million, a 15% improvement.  Heavy Materials operating earnings increased 19% to $81 million primarily because of higher Cement sales prices…

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