March 29, 2023 – The AVP Pulse Index this month dropped 1.2% month-over-month, while increasing 2.4% year-over-year. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly or quarterly.
Read MoreTag: Construction materials
The Pulse
By: Allen-Villere Partners and Rock Products.
Read MoreHeidelberg Materials Attends White House Roundtable
Heidelberg Materials was invited by the White House to join a wide range of industrial sector executives and labor leaders for a productive roundtable conversation to discuss innovation and ways to accelerate industrial decarbonization. The roundtable took place on March 3 and centered around ways that the Administration can support both private and public investments in reducing carbon emissions while…
Read MoreMDU Resources Names Knife River Executive Team
MDU Resources Group Inc.’s board of directors has selected the management team who will lead Knife River Corp., the company’s construction materials subsidiary, effective upon completion of the anticipated separation of Knife River into an independent, publicly traded company. MDU Resources expects to complete the spinoff in the second quarter. Additionally, the board has named Knife River President Brian R. Gray…
Read MoreWhy Was Ancient Roman Concrete So Durable?
By Mark S. Kuhar According to a new article in Science Advances, in contrast to their modern counterparts, ancient Roman mortars and concretes have remained durable in a variety of climates, seismic zones and even in direct contact with seawater, as in the case for maritime concrete. Because of this proven longevity on the order of millennia, these ancient construction…
Read MoreMDU Construction Materials Business Has Record Year
MDU Resources Group Inc. reported 2022 earnings on a generally accepted accounting principles (GAAP) basis of $367.5 million, or $1.81 per share, with adjusted earnings of $380.2 million, or $1.87 per share, compared to 2021 GAAP earnings of $378.1 million, or $1.87 per share. In the fourth quarter, the company on a GAAP basis earned $117.1 million, or 57 cents…
Read MoreIMAA Honors Lt. Gov. Suzanne Crouch
The Indiana Mineral Aggregates Association (IMAA) on Feb. 1 named Lt. Gov. Suzanne Crouch as the 2023 Honorary Aggie at its annual Winter Workshops. The award recognizes a non-industry member who makes an exceptional contribution to the Indiana aggregates industry.
Read MoreSEMCO Launches Construction Materials Carbon Management Web Portal
Market forces rooted in the Buy Clean, Carbon Neutrality, LEED v4 and Net Zero movements have spawned an important new web portal, Construction Materials Carbon Management, www.cmcarbonmanagement.com. The just-launched site follows cement, concrete and steel producer progress in lowering the carbon dioxide emissions factor, or embodied carbon, associated with structural elements for commercial and residential building or heavy/civil work.
Read MoreARTBA: Federal Investments in Infrastructure Law ‘Working as Intended’
Twenty-nine thousand transportation improvement projects are moving forward thanks to year-one Infrastructure Investment and Jobs Act (IIJA) funding, American Road & Transportation Builders Association (ARTBA) President and CEO Dave Bauer told Senators Nov. 30 during testimony before the Environment & Public Works (EPW) Committee. “Though each project has a unique story of need and solution, they are all tangible illustrations…
Read MoreMDU Resources Construction Materials Business Boasts Record Revenues
MDU Resources Group Inc. reported third-quarter earnings on a generally accepted accounting principles (GAAP) basis of $147.9 million, or 73 cents per share, with adjusted earnings of $152.0 million, or 75 cents per share, compared to third quarter 2021 GAAP earnings of $139.3 million, or 68 cents per share.
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