The U.S. Census Bureau of the Department of Commerce reported that construction spending during July 2014 was estimated at a seasonally adjusted annual rate of $981.3 billion, 1.8 percent (±1.6 percent) above the revised June estimate of $963.7 billion. The July figure is 8.2 percent (±2.3 percent) above the July 2013 estimate of $906.6 billion.
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Stone Shipments Strong on St. Lawrence Seaway
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels despite one of the most difficult starts to the shipping season in years due to ice coverage, according to The Chamber of Marine Commerce.
Read MoreHOLT CAT Opens New Location
HOLT CAT, the Caterpillar equipment and engine dealer for South, Central, North and Northeast Texas, opened a new location in Edinburg, Texas. The new location will expand the company’s presence in Hidalgo County, which currently includes a HOLT Truck Center. The addition of a full-service store will help HOLT continue its strong commitment to serving the communities and businesses of…
Read MoreJune Construction Jumps 6 Percent
Modest Gains Reported For Housing And Nonbuilding Construction; New Highway Construction Starts Improve 6 Percent. By Mark S. Kuhar
Read MoreNew Terex Finlay Machines Designed for Quarry Duty
Terex Finlay introduced two new machines for quarry duty at this year’s Hillhead show: the 883+ and the 893. The Terex Finlay 883+ is designed to work after a primary crusher or on its own as a frontline screening machine. This versatile and adaptable machine is suitable for working in quarrying, mining, construction and demolition debris, topsoil, recycling, sand, gravel,…
Read MoreHighbank Building Barge Load-Out
Highbank Resources Ltd., Vancouver, B.C., Canada, has finalized a contract with Foresight Innovations Ltd. of Victoria, B.C., to drive the pilings and complete the infrastructure for the company’s barge load-out facility at Swamp Point North. Work is expected to commence at the site this month with completion anticipated in 2-3 weeks.
Read MoreIROCK Adds New Dealer
IROCK Crushers has added Construction & Industrial Equipment Corp., Lodi, NJ, to its dealer network in the Northeast region. In addition to its headquarters in Lodi, Construction & Industrial Equipment has two additional locations in the state, one in Ramsey and another in Ringwood. The company has been in business for 38 years and specializes in recycling equipment, wood grinders,…
Read MoreGet Out of the Pits
A number of years ago, there was a concerted effort among quarry professionals to rid our industry vernacular of the word “pit.” I think it is time to revisit that.
Read MoreCat is Up, But Down
July 29, 2014 – Caterpillar’s second-quarter net income rose 4.1 percent, as the company earned $999 million, versus $960 million in last year’s second quarter. However revenue for the Peoria, Ill.-based company dropped 3.2 percent to $14.15 billion from $14.62 billion.The big issue? Mining equipment. That category fell 29 percent from a year ago in the second quarter. Sales to…
Read MoreBennington Joins Superior Industries
June 18, 2014 – Superior Industries Inc., named John Bennington as product manager for its new washing and classifying product line. Earlier this month, the Minnesota-based manufacturer announced its acquisition of GreyStone Inc., a builder of washing, classifying and dewatering solutions serving the construction aggregates industry. The new product line will be labeled under the Superior brand name. Bennington joins…
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