April 4, 2024 – When the Francis Scott Key Bridge in Baltimore fell into the water, national media immediately branded the event a “collapse.” South Carolina Rep. Nancy Mace wasted no time in trying to score political points off of the disaster, claiming that there are still old bridges and roads in the U.S. even after the passing of legislation…
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Construction Spending Dips in February; Up for Year
Construction spending during February 2024 was estimated at a seasonally adjusted annual rate of $2,091.5 billion, 0.3% (±0.8%) below the revised January estimate of $2,096.9 billion. The February figure is 10.7% (±1.3%) above the February 2023 estimate of $1,889.6 billion. During the first two months of this year, construction spending amounted to $298.1 billion, 11.9% (±1.3%) above the $266.5 billion…
Read MoreMartin Marietta Looks Ahead
Feb. 14, 2024 – Martin Marietta Materials delivered a sweet Valentines Day gift to the industry, reporting the best year in company history. And aggregates shipments were actually down, 46.6 million metric tons (Mt) versus 47.7 Mt quarter over quarter; and 198.8 Mt versus 207.7 Mt year over year. You can thank double-digit pricing increases for that. Looking at the year…
Read MoreHolcim to Spin Off North American Business by 2025
Holcim announced its intent to publicly list its North American business in the United States with a full capital market separation. This process “will create the leading pure-play building solutions company in the region,” the company stated. The newly-listed business will be committed to driving long-term growth in the rapidly expanding North American market and unlocking value for all its…
Read MoreBulkSource Offers Flow: Supply Chain Software
Flow from BulkSource is a supply chain management software for the infrastructure materials industry. With an intuitive user experience, comprehensive features, and flexible technology, Flow is a powerful solution for the entire supply operation. Producers conduct frictionless commerce by integrating customers and logistics partners, while simplifying internal quote-to-cash processes. Flow features include: Site & Inventory Management. Producers manage critical information…
Read MoreMassachusetts Law Requires Licensed Aggregate Sources
On Oct. 17, 2023, Massachusetts passed a law that requires all concrete products sold for use within the state to be produced only from aggregate sources that have obtained a license from the Highway Division of Transportation (MassDOT). The new law not only applies to state-owned, MassDOT projects but to all concrete “structural elements or infrastructure” in the state, including…
Read MoreCalifornia Governor Showcases Infrastructure Investments
California Gov. Gavin Newsom announced a new portal to highlight the state’s investments in infrastructure. The Build.ca.gov website documents how $180 billion in federal and state spending over the next 10 years benefits local communities, according to the California Construction and Industrial Materials Association (CalCIMA).
Read MoreWelding Alloys Says Technology is Revolutionizing the Welding Industry
With the constant evolution of technology and the development of construction and infrastructure, the global market for welding gear is expected to skyrocket, according to Welding Alloys. Technological advancements in the welding industry can bring a wide range of benefits, transforming the way welding operations are performed. Among other things, they can increase efficiency, reduce downtime, enhance safety, offer better…
Read MoreGreat Lakes Limestone Trade Up 22.8% in November
Shipments of limestone on the Great Lakes totaled 3.1 million tons in November, an increase of 22.8% compared to a year ago. Limestone cargos were 7.3% above the month’s five-year average. Loadings from U.S. quarries increased 23.6% from 2022 to 2.6 million tons. Shipments from Canadian quarries totaled 536,912 tons, an increase of 19.2%. Year-to-date the limestone trade stands at nearly…
Read MoreHeidelberg Materials Hosts Athens, Ga., Legislative Delegation
Heidelberg Materials hosted a quarry tour at its Athens Quarry on Oct. 19, according to the Georgia Construction Aggregate Association. Legislative members attending included Sen. Frank Ginn, Rep. Houston Gaines, Rep. Spencer Frye and Rep. Marcus Wiedower. The Athens area has an outstanding delegation at the Capitol and this delegation is committed to solid infrastructure funding in our state, stated Jeff…
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