Martin Marietta Materials remains optimistic about the company’s long-term outlook given its continued ability to successfully execute its strategic business plans and the largely positive trends in the markets it serves. Given the skilled labor shortage, project delays and government uncertainty that has limited growth throughout the year, management has revised its guidance for full year 2017 as follows:
Read MoreTag: construction
Public Works Construction to Grow 3 Percent in 2018
Dodge Data & Analytics released its 2018 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2018 will climb 3 percent to $765 billion.
Read MoreUnited States Lime & Minerals Reports Third Quarter Dip
United States Lime & Minerals Inc. reported third quarter 2017 results. Revenues in the third quarter 2017 were $36.9 million, compared to $38.7 million in the comparable prior year quarter, a decrease of $1.7 million, or 4.4 percent.
Read MoreHurricanes Push Down Housing Production in September
Nationwide housing starts fell 4.7 percent in September to a seasonally adjusted annual rate of 1.13 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Read MoreGraves Joins RGI Board of Directors
The Rogers Group Inc. (RGI) board of directors elected Richard R. Graves to the board. Graves is president and chief executive officer of Saulsbury Industries, which was established in 1967 and currently has more than 2,500 employees servicing the fossil, refining, petrochemical, gas processing, mining, manufacturing and nuclear industries. He has more than 39 years of management and operations…
Read MorePCA Predicts Moderate Cement Growth
The latest Portland Cement Association (PCA) forecast of U.S. cement consumption sees year-over-year gains of 2.6 percent and 2.8 percent in 2017 and 2018, respectively, versus uniform 3 percent levels projected earlier this year.
Read MoreNew Home Sales Fall 3.4 Percent in August
Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the lowest sales reading since December 2016. However, year-to-date, new home sales are…
Read MoreChaney Enterprises Now Offers Limestone Via Rail
Chaney Enterprises, a ready-mix concrete, aggregates and construction supplies producer, announced it will now offer limestone to its customers transported by a new railway just completed at the company’s plant in Waldorf, Md.
Read MoreConstruction on the Quarry Floor
Kraemer Mining and Materials Restructures Plant Design at its Burnsville, Minn., Quarry. By Mark S. Kuhar
Read MoreTopcon Adds Pacific Northwest Distributor to Solutions Store Network
Topcon Positioning Group announced a new addition to the Topcon Solutions Store distribution network. PPI Group, now known as PPI Group, a Topcon Solutions Store, is the latest positioning distributor to join the network with locations in Portland, Ore., and Kent, Wash., bringing the total to 13 locations in North America. “The addition of PPI Group to the network comes…
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