Burnco has hired Tom Zais as CEO for the Burnco Group of companies. He will be responsible for overseeing all U.S. and Canadian operations. In the United States, Burnco supplies ready-mixed concrete and aggregate products for residential, municipal and commercial projects in the Denver metro and northern Colorado markets, with aggregates plants in Golden, Longmont, Greeley and Fort Lupton, Colo.
Read MoreTag: Construction materials
LafargeHolcim to Partner on C&D Project
LafargeHolcim in the United States along with its subsidiary company, Geocycle, announced a cooperative agreement research project with the U.S. Army Corps of Engineers’ Engineer Research and Development Center (ERDC) to study how construction and demolition (C&D) materials can be used for energy recovery and mineral recycling.
Read MoreNew Frontier Materials Buys Fred Weber Quarry, Asphalt Assets
New Frontier Materials, a company formed last year to acquire companies in the construction materials industry, has purchased Fred Weber’s asphalt and rock quarry assets, giving the new firm more than 20 asphalt and quarry sites. Sherrod B. (Mike) Clarke is CEO of New Frontier, which lists a New York office in business filings and is backed by a private…
Read MoreThe Economic Boom I Expected
Last month, I wrote about the housing boom that I had been predicting, and since then, the National Association of Realtors released a report stating that construction of new housing in the past 20 years fell 5.5 million units short of long-term historical levels and called for a “once-in-a-generation” policy response. But a booming housing market rife with shortages is…
Read MoreBMC Enterprises Makes Strategic Acquisitions
St. Louis-based aggregates and concrete producer BMC Enterprises Inc. has acquired Stewart Concrete Products headquartered in Halfway, Mo., and created a strategic partnership with Stewart-Morrison Redi-Mix Inc. based in West Plains, Mo., bringing the company’s recent acquisitions to five in the last 13 months.
Read MoreMDU Resources Group Hits the Fortune 500
MDU Resources Group Inc. has been listed on the prestigious 2021 Fortune 500. The Fortune 500 recognizes the 500 largest U.S. companies based on 2020 revenues. MDU Resources was ranked No. 486.
Read MoreU.S. Great Lakes-Seaway Ports See Sharp Increases
U.S. Great Lakes ports and the St. Lawrence Seaway reported sharp increases in cargo volumes of construction materials, steel and iron ore in May to supply renewed manufacturing and building activity in the region.
Read MoreSimonson Says Price Increases Continue
Associated General Contractors (AGC) chief economist Ken Simonson – in his latest Data Digest Report – noted that solely due to soaring residential activity, construction spending in March increased 0.2% from a downwardly revised February rate and 5.3% from March 2020 to a seasonally adjusted annual rate of $1.51 trillion, the Census Bureau reported. Because unusually mild or harsh weather…
Read MoreMDU Resources Doubles First Quarter Earnings
MDU Resources Group Inc. reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share.
Read MoreMartin Marietta Sees Good Year Ahead
May 5, 2021 – Martin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020. Looking ahead, Martin Marietta remains confident that favorable pricing dynamics will continue, supported by the company’s locally-driven pricing strategy. Additionally, the company anticipates single-family housing growth, expanded infrastructure investment and notable heavy…
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