As the U.S. economy has wrestled with the impacts of inflation over the last few years, construction has been one of the industries most impacted by rising costs. Construction materials were strongly impacted by supply chain breakdowns during the pandemic, which created shortages for key goods during a period of high demand. Hopes that price increases would level out as…
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The Pulse
By Allen-Villere Partners THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS PIERRE-VILLERE’S MARKET ASSESSMENTIn the latest update on the construction materials industry, the AVP Pulse Index experienced a modest decline of 0.7% for the month, although it experienced a strong year-ever-year growth of 5.5%. Over the past 36 months, the index increased impressively by 13.7%, indicating sustained strength within the sector. Notably, industry stocks continue to…
Read MoreChinese Heavy Machinery: Friendly Competition or Threat to the U.S. Market?
By Samir Shah China is the world’s manufacturing giant – that’s a fact, but that hasn’t stopped its interest in America. Although Chinese construction companies first arrived in the U.S. market in the 1980s, recently, Chinese companies such as XCMG, Sany and Zoomlion have started investing heavily in the U.S. market due to its vast consumer market and robust economy. …
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 MoreArcosa Construction Products Revenues Up 7%
Arcosa Inc. announced results for the third quarter ended Sept. 30. The company is reporting revenues of $603.9 million, up 8% and net income of $32.0 million, up 35%, Construction Products revenues increased 7% to $244.2 million primarily due to strong organic pricing, partially offset by lower overall volumes. Wet weather and cement availability that constrained its ready mix customers and…
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