MDU Resources Group Inc. acquired Tri-City Paving Inc., a general contractor and aggregate, asphalt and ready-mix concrete supplier headquartered in Little Falls, Minn.
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Leininger Joins CalPortland
Kerri L. Leininger has joined CalPortland as vice president of government relations. Leininger will be located in Washington, D.C., and will monitor and lobby advocacy issues at the state and federal level. Leininger joins CalPortland after almost 14 years working for the National Ready Mixed Concrete Association where she served as the executive vice president of government and political affairs. In her…
Read MoreGranite Construction Materials Revenue Spikes in First Quarter
Granite Construction reported that revenue increased to $563.4 million, up 20.3 percent year-over-year for the quarter ended March 31, 2018. Construction Materials revenue increased 32.5 percent to $45.7 million, compared with $34.5 million last year. However, the company reported a net loss of $11.4 million, compared to a net loss of $23.8 million in the first quarter.
Read MoreBoral to Sell U.S. Concrete & Quarries Business
Australia’s Boral Limited announced that it has agreed to sell its Concrete & Quarries business in Denver to Brannan Sand and Gravel Co. for $127 million. The sale includes its quarry operation in Brighton, Colo.
Read MoreMDU Resources Expands in First Quarter
MDU Resources Group Inc. reported first-quarter earnings from continuing operations of $41.9 million, or 22 cents per share, compared to first quarter 2017 earnings from continuing operations of $35.5 million, or 18 cents per share. Including discontinued operations, MDU Resources reported first quarter earnings of $42.4 million, or 22 cents per share, compared to $37.2 million, or 19 cents per…
Read MoreKen Mulzer Sr.
The Indiana Ready Mixed Concrete Association (IRMCA) presented Ken Mulzer Sr., Mulzer Crushed Stone Inc., with its prestigious 2018 E.B. Rayburn Jr. Award. The award was established to recognize outstanding leadership and innovation in marketing efforts in the ready mixed concrete industry in Indiana and was presented during the recent 2018 IRMCA Short Course Program. Ken Mulzer Sr. is a…
Read MoreLake Elected Chairman of NSSGA Board of Directors
Randy Lake, president, CRH Americas Materials, was elected chairman of the National Stone, Sand & Gravel Association (NSSGA) board of directors during the association’s Annual Convention in Houston.
Read MorePeart Promoted at US Aggregates
Kevin Peart has been named the Northeast and Great Lakes West regional general manager for the US Aggregates & Construction Materials (ACM) organization, effective Feb. 19. He will report directly to the CEO of US ACM, Guy Edwards. In this position, Peart will be responsible for aggregate, ready-mix and construction operations from Ohio across to New England comprising more than…
Read MoreGranite Construction Materials Revenue Up 12 Percent
Granite Construction Inc. reported net income of $69.1 million for the year ended Dec. 31, 2017 compared with net income of $57.1 million in the prior year. Diluted earnings per share (EPS) for the year was $1.71 compared to $1.42 per share in 2016.
Read MoreUSGS: Production of Construction Materials Up 7 Percent
U.S. mine and plant production data for 14 selected mineral commodities are provided monthly (or quarterly) 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.
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