TOP NEWS CRHCaterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar’s zero-exhaust emissions solutions. CRH is the number-one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar. Summit MaterialsSummit Materials shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based…
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First Look – November 2021
TOP NEWS Blue Ridge Construction Capital AcquisitionsIn partnership with industry veteran Anthony Minshew, Blue Ridge Construction Capital announced the acquisitions of Matthews Sand and Gravel (MSG) and Edge Aggregates. Based in Smithfield, N.C., MSG is a supplier of asphalt sand and concrete sand to the Raleigh, N.C., construction market. Edge is based in Battleboro, N.C., and has established itself as…
Read MoreFirst Look – July 2022
TOP NEWS House Passes 2022 WRDAThe House has passed the bipartisan Water Resources Development Act (WRDA) of 2022. It will improve the nation’s water infrastructure by authorizing water resources development projects in collaboration with the U.S. Army Corps of Engineers. This legislation will strengthen America’s economy through investments in ports, harbors and inland waterways; make communities more resilient; and protect…
Read MoreFirst Look – April 2022
TOP NEWS Athabasca Closes AcquisitionAthabasca Minerals Inc. closed the strategic acquisition of an operational U.S. sand mine and facilities in Wisconsin. The assets include real estate of 1,100 acres, a fully functional and staffed mine and processing plant capable of 2 million tpy of sand, fixed storage, rail transload with unit-train capability (i.e. loading/unloading 100 railcar shipments), mobile equipment and…
Read MoreFirst Look – March 2022
TOP NEWS Vulcan Reports Excellent 2021 ResultsVulcan Materials Co. announced results for the quarter ended Dec. 31, 2021. The company is reporting that total revenues increased 37% to $1.606 billion, driven by the addition of U.S. Concrete (USCR) operations as well as strong growth in the company’s legacy aggregates business. For the full year 2021, the company is reporting that…
Read MoreTOP NEWS Infrastructure Bill PassesThe House of Representatives, on Nov. 5, passed the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), ending months of in-fi ghting and political intrigue over the issue. Infrastructure Bill SignedOn Nov. 15, President Biden signed the Infrastructure Investment and Jobs Act into law. He welcomed lawmakers from both parties, from Congress and from state and…
Read MoreFirst Look – October 2021
TOP NEWS MINExpo Held in Las VegasMINExpo International 2021 was held at the Las Vegas Convention Center Sept. 13-15, the largest and most comprehensive industry event this year to explore cutting-edge equipment, technologies and innovations for all mining sectors. Athabasca Minerals Revenues Leap ForwardAthabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional…
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