Spring cargo numbers from the St. Lawrence Seaway and U.S. ports are signaling a better year for Great Lakes-Seaway shipping.
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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 MoreCemex, LafargeHolcim Faced with Political Implications of Trump’s Wall
Cemex announced that it has opted not to bid on supplying President Donald Trump’s proposed wall between the Mexico-U.S. border, putting profits secondary to a potential political backlash in its home country.
Read MoreAggregates 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 MoreCemex 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 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 MoreMSHA Targets Aggregates, Cement Plants in November
The Mine Safety and Health Administration (MSHA) announced federal inspectors issued 152 citations and five orders during special impact inspections conducted at 10 coal mines and seven metal and nonmetal mines in November 2016.
Read MoreCalPortland Hosts Rep. Martha McSally on Plant Tour
CalPortland hosted Rep. Martha McSally (R-Ariz.), who visited a cement plant and the Twin Peaks aggregate plant in Rillito, Ariz., on Nov. 28.
Read MoreAggregates 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 MoreCalCIMA Members Receive Safety Awards
The California Construction & Industrial Materials Association (CalCIMA) announced the recipients of its 2016 Safety Excellence Awards at its 2016 Education Conference.
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