Mexico Seizes Port Owned by Vulcan Materials

Vulcan Materials said that Mexican police and soldiers have illegally entered and seized a cargo port it operates on land it owns on Mexico’s Caribbean coast, according to the AP. The company said police forced their way into the Caribbean coast dock at Punta Venado, near Playa del Carmen, last week. “It should be clear that the rule of law is…

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Komatsu, Cummins Partner to Create Remote Equipment-Monitoring Solution

Unplanned downtime from equipment and engine maintenance at mines can be very costly. To create more value for customers, Komatsu and Cummins have partnered to deliver a new, integrated remote equipment-monitoring solution designed to reduce unplanned stoppages, accelerate maintenance execution, and extend component life and maintenance intervals. By sharing equipment health and performance data over common infrastructure, and collaborating on…

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MAJOR Tells How To Improve Profitability In Aggregate Applications

By Matthew Armstrong As infrastructure demand increases, so does the need for building materials. Now more than ever, producers must evaluate their operations and ensure they are equipped with the right tools to maximize their production.  Here are three considerations to improve an operation’s efficiency and profitability courtesy of MAJOR. Prioritize Productivity for Profitability –While often overlooked, screen media is…

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NSSGA Thanks House T&I for Important First Hearing

Jan. 31, 2023 – The House Transportation and Infrastructure (T&I ) Committee will hold its first hearing of the 118th Congress on the challenges of infrastructure and the supply chain. “The aggregates and industrial sand industries are the beginning of the building supply chain that sustains our modern way of life,” said the National Stone, Sand & Gravel Association (NSSGA) Vice President of Government and Regulatory…

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CEMEX Strengthens Aggregates Business With Canadian Acquisition

CEMEX USA announced that it has signed a definitive agreement for the purchase of the assets of Atlantic Minerals Limited in Newfoundland, Canada, consisting of a construction and chemical aggregates quarry and port operations as part of the company’s growth strategy. With this investment, CEMEX secures a new long-term aggregates reserve for its extensive Florida operations and the Eastern Coast…

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MDU Resources Expects Second Quarter Spinoff of Knife River Corp.

MDU Resources Group Inc. submitted a confidential draft registration statement on Form 10 with the U.S. Securities and Exchange Commission in connection with the planned spinoff of its construction materials business, Knife River Corp. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. MDU Resources had announced on Aug. 4 its intent…

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Legislative and Federal Update

An Update Of Recent Legislation And Initiatives Coming Out Of Washington, D.C. Senate Passes Water Resources Development ActThe U.S. Senate passed the 2022 Water Resources Development Act – a bill to provide for improvements to the rivers and harbors of the United States, to provide for the conservation and development of water and related resources, and for other purposes –…

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How The Housing Slowdown Affects GDP

Look, there is no sugar-coating this, the housing market is really slowing down because of the action the Fed is taking to tame inflation. Interest rates are on the rise, and that has served to tamp down a tremendously overheated housing market that was starting to look eerily similar to the tulip mania craze of the 1600s in Holland, when…

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