West Virginia Gov. Jim Justice joined Attorney General Patrick Morrisey to announce that the state and six local governments reached a $101.35 million settlement with 11 asphalt and paving companies – the largest single-state antitrust settlement in West Virginia’s history.
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Caltrans Repaves Roadway with Recycled Plastic Bottles
This Marks The First Time The Department Has Paved A Road Using 100% Recycled Materials. By Mark S. Kuhar
Read MoreU.S. Asphalt Sales to Reach 27.6 Million Tons in 2021
Demand for asphalt used in paving, roofing and other products is forecast to rise 3.0 percent annually to 27.6 million tons in 2021. In terms of weight, asphalt used in paving products is projected to see the most rapid growth, reaching nearly 22 million tons in 2021.
Read MoreReport: Asphalt Demand for Highways and Streets to Rise
Demand for asphalt used in highways and streets is forecast to advance 3.3 percent per annum to 13.7 million tons in 2021, aided by increases in government funding and rising highway and street construction activity.
Read MoreAssociations Spar on Asphalt Prices
Despite falling oil prices, the cost of paving with asphalt continues to rise across the U.S., according to a recent analysis from the Portland Cement Association (PCA). PCA stated that asphalt prices have reached record highs during the last six months.
Read MoreHOLT CAT Opens New Location
HOLT CAT, the Caterpillar equipment and engine dealer for South, Central, North and Northeast Texas, opened a new location in Edinburg, Texas. The new location will expand the company’s presence in Hidalgo County, which currently includes a HOLT Truck Center. The addition of a full-service store will help HOLT continue its strong commitment to serving the communities and businesses of…
Read MorePayne & Dolan Buys Vulcan Quarry
A Vulcan Materials quarry in Caledonia, Wis., was sold for $3.2 million to Waukesha, Wis.-based asphalt paving company Payne & Dolan, according to the Journal Times.
Read MoreRoad Institute Schedule Announced
Volvo Construction Equipment announced the course schedule for Road Institute. The training sessions, which provide industry professionals with hands-on learning opportunities in paving and compaction, will kick off its 49th year in October.
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