Holcim announced net sales of CHF$5,544 million in the first quarter, down 0.8% from CHF$5,586 in the first quarter of 2024. CEO Miljan Gutovic said, “I thank all my Holcim colleagues for their dedication and contributions to our good start to the year. Holcim achieved stable net sales in local currency year-over-year despite unfavorable weather conditions in North America. Our…
Read MoreTag: infrastructure
Michigan Governor, House Speaker Offers Plans to ‘Fix the Damn Roads’
Michigan Governor Gretchen Whitmer (D) proposed what she calls a comprehensive, sustainable, long-term plan to “fix the damn roads” for generations to come, echoing a phrase she has often used since taking office in 2019. The $3 billion plan includes funds to help local communities fix local roads, boost transit, improve safety on the roads and reduce the cost of vehicle…
Read More2025 Outlook/Forecast
The Aggregates Industry is at a Transition Point as 2025 Begins. So Where Will We Go From Here? By Mark S. Kuhar and Josephine Patterson As we head into 2025, we do so with encouragement, but also uncertainty. The Infrastructure Investment and Jobs Act (IIJA) – which made the single largest dedicated investment in American transportation infrastructure since the construction…
Read MoreMissouri Limestone Producers Association Rebrands to ‘Infra’
The Missouri Limestone Producers Association (MLPA), a cornerstone of the state’s infrastructure industry, has rebranded the association to “Infra.” This new identity reflects the association’s expanded vision, uniting its dedication to the state’s infrastructure with a focus on growth, sustainability and innovation. The new name and brand represent a strategic shift to include and celebrate all facets of infrastructure development.…
Read MoreGreat Lakes Limestone Trade Up 9.4% in September
Shipments of limestone on the Great Lakes totaled 3.8 million tons in September, an increase of 9.4% compared to a year ago. Limestone cargos were also above the month’s five-year average by 4.5%. Loadings from U.S. quarries totaled 3.1 million tons, an increase of 10.6% from 2023. Shipments from Canadian quarries totaled 678,580 tons, an increase of 4.2%. Year-to-date the…
Read MoreCalifornia Building
Oct. 23, 2024 – The California Construction and Industrial Materials Association reported that the California Transportation Commission (CTC) allocated nearly $4 billion to improve California’s transportation infrastructure. These projects include improving and enhancing safety in coastal rail lines, bridges, highways and more. Some of the projects include “improvements for locations along the coastal LOSSAN (Los Angeles-San Diego-San Luis Obispo) rail corridor, four…
Read MoreSingle-Family Starts Trend Higher in September
With the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a modest gain in September while multifamily construction continued to weaken because of tight financing and an ongoing rise in completed apartments. Overall housing starts decreased 0.5% in September to a seasonally adjusted annual rate of 1.35 million units, according to a report…
Read MoreThe Pulse – October 2024
TRIP: 13% of Pennsylvania Bridges are in Poor Condition
Thirteen percent of Pennsylvania bridges are rated in poor condition, the sixth highest share in the nation. According to a new report released by TRIP, a Washington, D.C.-based national transportation research nonprofit, each day more than 10 million vehicles drive over Pennsylvania bridges in poor condition. This includes bridges 20 ft. or longer. A bridge is rated in poor condition…
Read MoreVulcan Materials Dispels False Accusations by Mexican Government
In 2022, the Mexican government ordered a halt to limestone quarrying at Vulcan Materials’ mining unit in Quintana Roo, alleging environmental damages. Vulcan Materials said it rejects the “illegal expropriation” of its investments in Mexico but remains open to a negotiated solution with the Mexican government. Mexican President Lopez Obrador said last week that the site had not been expropriated,…
Read More