TACA Meeting Addresses Construction Materials Industry Opportunities, Challenges

The Texas Aggregates & Concrete Association (TACA) welcomed more than 520 attendees to its 68th Annual Meeting June 15-17 at the JW Marriott San Antonio Hill Country Resort & Spa. Highlights included presentations by the National Stone, Sand & Gravel Association (NSSGA) and FMI Capital Advisors, helping TACA member companies navigate a complex economic, political and post-pandemic environment.

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MDU Construction Materials Business Sees Record Revenues

MDU Resources Group Inc. reported first quarter earnings of $31.7 million, or 16 cents per share, compared to first quarter 2021 earnings of $52.1 million, or 26 cents per share. The construction materials business had a seasonal loss of $40.0 million in the first quarter, compared to a seasonal loss of $30.8 million in the first quarter of 2021. Although…

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Vulcan Addresses Business Operations in Mexico

Vulcan Materials Co. provided an update with respect to its Mexican operations. “We are making progress in our discussions with the government of Mexico,” said Tom Hill, chairman and CEO of Vulcan Materials. “Earlier this year, Mexico delayed issuing a historically routine three-year customs permit for Vulcan’s deep-water port at Punta Venado. In March, we received that customs permit, which…

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Granite’s GARCO Lab Joins Green Business Network

Granite announced that GARCO’s San Jose Testing Laboratory recently joined the California Green Business Network. The testing facility functions as the base of operations for materials testing across Granite’s Coastal California Region. As part of the Green Business certification, the facility satisfied targets for energy efficiency, water conservation, procurement, and materials management.

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Higher Costs, Labor Issues Impact MDU Resources 2021 Results

MDU Resources Group Inc. announced earnings of $378.1 million, or $1.87 per share, in 2021, compared to $390.2 million, or $1.95 per share, in 2020. In the fourth quarter, the company earned $86.5 million, or 42 cents per share, compared to $112.3 million, or 56 cents per share, in the fourth quarter of 2020.

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Martin Marietta Materials: Deep Dive

Feb. 10, 2022 – Taking a deep dive into Martin Marietta Materials year-end report, the company remains confident that favorable pricing dynamics will continue. A locally-driven pricing strategy, and attractive underlying fundamentals, as well as long-term secular growth trends in its key geographies, should drive multi-year growth in construction materials. The company is predicting 2022 total revenues of between $5.78 and…

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Granite Celebrates 100th Anniversary

By Mark S. Kuhar Granite celebrated its centennial on Jan. 4. Founded 100 years ago in Watsonville, Calif., Granite has grown into one of our nation’s largest civil infrastructure contractors and construction materials producers. Granite works in multiple end-markets from Guam to Alaska to Florida and many points in between.  Granite President and CEO Kyle Larkin wrote the following open…

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