Carroll, Iowa-based Rueter’s, an authorized dealer for Hyundai Construction Equipment Americas, announced its expansion into southern Minnesota with the opening of a new branch office in Albert Lea. Rueter’s also serves customers in Iowa, Nebraska and southeastern South Dakota through seven branch locations. “Hyundai congratulates one of our long-established dealerships, Rueter’s, on its continued growth and success,” said Stan Park,…
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Eagle’s Concrete and Aggregates Revenues Climb Higher
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2017 ended Dec. 31, 2016. The company is reporting:
Read MoreStockpile Reports Gathers Insights From Measurement Data
Stockpile Reports Inc., an inventory management system for stockpiled materials, announced its 2016 year-end report highlighting several data-driven trends and near-term predictions. Insights were extracted from the measurement of $44 billion dollars worth of stockpiled materials by customers in 24 countries capturing more than seven million images from drones, airplanes and iPhones.
Read MoreLafargeHolcim Develops Mineral-Based Insulation Product
Airium, an innovative new product from LafargeHolcim, is a “disruptive technology in the insulation market,” according to the company. Developed and patented by LafargeHolcim’s global R&D center near Lyon, France, Airium is a mineral insulating foam that improves energy efficiency for buildings, from floor to ceiling.
Read MoreEPA Earmarks $1 Billion for Water Infrastructure Projects
The U.S. Environmental Protection Agency (EPA) announced the availability of approximately $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program.
Read MoreHousing Will Continue to Climb Higher in 2017
Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla.
Read MoreVulcan to Acquire Tennessee Operations
Vulcan Materials Co. has signed an asset purchase agreement to acquire Lebanon, Tenn.-based LoJac Holdings Corp.’s asphalt, construction, safety and Monterey operations, according to The Tennessean.
Read MoreTerex Completes Sale of Business Units
Terex Corp. completed the sale of its Material Handling and Port Solutions business to Konecranes Plc for $595 million and €200 million in cash, and a million newly issued class B shares representing a 25 percent interest in Konecranes. “We believe that the Konecranes-MHPS combination represents compelling industrial logic that will deliver significant value to Konecranes customers, team members and…
Read MoreNew Construction Starts in November Slip 6 Percent
At a seasonally adjusted annual rate of $638.3 billion, new construction starts in November retreated 6 percent from October, according to Dodge Data & Analytics. Each of the three major construction sectors experienced reduced activity in November.
Read MoreNew Construction Starts in 2017 Predicted to Increase 5 Percent
Dodge Data & Analytics released its 2017 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2017 will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016.
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