Three Mid-Atlantic companies known for materials production and heavy civil construction management and implementation have combined to make the largest organization of its kind in the region.
Read MoreTag: Construction materials
Winkleman Named President, CEO of Hinkle Contracting
Hinkle Contracting Co. LLC appointed Larry Winkleman as president and CEO effective June 1, 2015, succeeding Tom Hinkle. Winkleman joined Hinkle in August 2013 as chief operating officer, having worked for three prominent Ohio construction and construction materials businesses, S.E. Johnson Companies Inc., Kokosing Construction Co. Inc., and, most recently, Miller Bros. Construction Inc. Winkleman is a civil engineer and…
Read MoreMDU Construction Materials Business Grows
MDU Resources Group Inc. reported 2014 consolidated GAAP earnings of $297.5 million, or $1.55 per share, compared to $278.2 million, or $1.47 per share, in 2013. Consolidated GAAP earnings in the fourth quarter were $84.1 million, or 43 cents per share, compared to earnings of $91.3 million, or 48 cents per share, in 2013.
Read MorePolaris Minerals Renamed Polaris Materials
Polaris Minerals Corp. will change its name to Polaris Materials Corp. The change of name was approved by shareholders at the company’s 2014 Annual General Meeting when 99.3 percent of the votes cast were in favor of the proposed change of name. The company will continue to have the same TSX stock symbol of ‘PLS’ and will adopt a new…
Read MoreGranite Construction Reports Third Quarter Results
Granite Construction reported net income of $15.3 million for the quarter ended Sept. 30, 2014, compared to revised net income of $13.0 million in the third quarter of 2013. Diluted earnings per share in the quarter were $0.38 compared to $0.33 in the prior-year period.
Read MoreMDU Construction Materials Business Has Record Quarter
MDU Resources Group Inc. reported third quarter consolidated adjusted earnings of $84.9 million, or 44 cents per common share, compared to $92.3 million, or 49 cents per common share for the third quarter of 2013. Consolidated GAAP earnings were $103.0 million, or 53 cents per common share, compared to $84.3 million, or 44 cents per common share for the third…
Read MoreNatural Resource Partners Acquires VantaCore
Natural Resource Partners (NRP) has signed a definitive agreement to acquire VantaCore Partners LP, a privately held limited partnership specializing in the construction materials industry, for $205 million.
Read MoreLafarge Slag Cement Used at One World Trade Center
Taking advantage of innovative construction materials, the 104-story, 1,776-ft. One World Trade Center tower is designed to be the safest and most environmentally friendly commercial building in the world, according to Lafarge.
Read MoreConstruction Materials Prices Hold Steady
Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the U.S. Department of Labor. Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago.
Read MoreConstruction Materials Prices Increase
Overall construction materials prices increased 0.4 percent in April and are up 1.5 percent year over year, according to the May 14 Producer Price Index released by the U.S. Department of Labor. Nonresidential construction material prices were up 0.5 percent for the month and are 1.4 percent higher than the same time last year.
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