Summit Materials’ Aggregates Revenues Spike Higher in First Quarter

Summit Materials Inc. announced results for the first quarter 2017. For the three months ended April 1, 2017, the company reported a net loss of $52.4 million, compared to a net loss of $21.1 million in the prior-year period. On an adjusted basis, Summit reported a net loss of $54.8 million, versus a diluted net loss of $42.5 million in…

Read More

Aggregates Production Dips in Fourth Quarter; Up for Year

An estimated 556 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the fourth quarter of 2016, a decrease of 4 percent compared with that of the same period of 2015. The estimated annual output of construction aggregates produced for consumption in 2016 was 2.33 billion metric tons (Gt), an…

Read More

Cemex Open to Supply Raw Materials for Trump’s Wall

Cemex is open to providing quotes to supply the raw materials for President Donald Trump’s promised border wall, its chairman told the newspaper Reforma . Trump repeated in a speech to Congress his vow that he would soon start building a barrier along the nearly 2,000-mile U.S.-Mexico border to prevent illegal immigrants and drugs crossing north. 

Read More

Summit 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 More

Aggregates Production Dips in Third Quarter; Higher for Year

An estimated 687 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the third quarter of 2016, a slight decrease compared with that of the third quarter of 2015. The estimated production for consumption in the first nine months of 2016 was 1.78 billion metric tons (Gt), an increase of…

Read More
1 8 9 10 11 12 13