House Passes Historic Infrastructure Bill

The House of Representatives, late on Friday, Nov. 5, passed the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), ending months of in-fighting and political intrigue over the issue. The tally on the infrastructure bill was 228-206, with only 13 Republicans supporting the measure. Six Democrats voted no as well.

Read More

Mergers and Acquisitions Dominate the News

In the last couple of months, I have written about the housing boom, as well as an economy on fire, which coupled with the prospects for an infrastructure bill just adds optimism to the outlook for our industry. But as we look out toward the last remaining months of the year, it has been remarkable to witness the growth spurt…

Read More

Hey, Update Your Website!

I could write an editorial every month about the need for a new infrastructure bill. But the chess game in Washington goes on and on, so I will wait until checkmate to address that issue again. In the meantime, why haven’t you updated your website lately? I know, that’s a seemingly random question that came out of left field. But…

Read More

Ed Sullivan Speaks

June 8, 2021 – Today at World of Concrete, Portland Cement Association Chief Economist Ed Sullivan gave the industry three scenarios for cement consumption based on 1) the chances of no infrastructure bill; 2) the American jobs plan at face value; and 3) the American Jobs Plan with a compromise. He then presented a weighted average. The weighted average is 2021:…

Read More

Trump Calls on Congress to Pass $1.5 Trillion Infrastructure Bill

President Trump called on Congress to pass an infrastructure bill costing at least $1.5 trillion during his inaugural State of the Union address. Trump’s rebuilding plan, which is expected to be a core part of his 2018 agenda, will be divided into two major goals: rebuilding U.S. infrastructure and speeding up the permit approval process, according to The Hill. “I…

Read More