President Joe Biden visited New York to announce funding for a critical early phase of the Hudson Tunnel Project and Mega grants for other major infrastructure projects across the country.
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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…
Read MoreCEMEX 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…
Read MoreMDU 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…
Read MoreReport: Rural Roads & Bridges Have Significant Deficiencies
America’s rural transportation system is in need of repairs and modernization to support economic growth and improve traffic safety, but the United States faces a $180 billion backlog in funding for needed repairs and improvements, according to a new report released by TRIP, a national transportation research nonprofit.
Read MoreLegislative 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 –…
Read MoreHow 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…
Read MoreHolcim US Enhances Concrete Portfolio in Colorado, Minneapolis Markets
Holcim US has introduced DYNAMax high-performance concrete to its innovative concrete product portfolio in the Denver, Colorado Springs, Colo., and Twin Cities, Minn., markets. Integrating high strength, durability and superior rigidity, DYNAMax addresses today’s engineering demands for design innovation, complex technical requirements, and environmental responsibility. “The ever-increasing population demands more buildings and infrastructure, and in the United States especially, this…
Read MoreWhat Infrastructure Bill?
July 22, 2022 – It seems our industry needs to do a much better job of communicating the benefits we bring to society. A new Impact Research poll finds that less than one-quarter of voters are aware that the infrastructure bill passed Congress and was signed into law. An astonishing 76% think the bill never passed Congress or don’t know whether it…
Read MoreNSSGA’s Hubacz Talks Inflation at T&I Discussion
The National Stone, Sand & Gravel Association (NSSGA) Board Chair and President of Bond Construction Corp. Karen Hubacz spoke to the House Transportation and Infrastructure (T&I) Committee about the impact of inflation on the aggregates industry.
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