Holcim is working with the Science Based Targets Network (SBTN) to submit nature targets for validation in 2023, as part of a global initiative to set the world’s first standards for ambitious and measurable corporate action for nature. Holcim was selected by SBTN among the first 17 global companies and the only one in its industry, based on its advanced…
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Summit Materials 2022 Aggregates, Cement Revenues Spike Higher
Summit Materials Inc. announced results for the fourth quarter and full year ended Dec. 31, 2022. All comparisons are versus the quarter ended Jan. 1, 2022 unless noted otherwise. Net revenue decreased $41.8 million, or 7.5% in the fourth quarter to $511.7 million, as increases in average sales prices across all lines of business were more than offset by lower…
Read MoreShortages Start to Ease
We have all suffered through the shortages and supply chain disruptions the pandemic thrust upon the global economy and threw manufacturing and retail inventories into a tizzy. But we are now witnessing the easing of shortages as ports become unclogged, factory workers return to their production jobs, and trucking and rail is stabilizing. For the aggregates industry, the shortages were…
Read MoreThe Quarry & Aggregates (Q&A) Forum
Rock Products Presents The 2022 Quarry And Aggregates (Q&A) Forum: Industry Thought Leaders Open Up About The Infrastructure Bill, Supply Chain Issues, The Outlook For The Next Year, And More. By Mark S. Kuhar and Josephine Patterson Each year, Rock Products reaches out to industry thought leaders to get their take on the aggregates industry. In this article, manufacturers comment…
Read MoreSingle-Family Housing Starts Decline, Permits Increase
The single-family housing market continued to show signs of slowing in April as rising mortgage rates and ongoing supply chain disruptions continue to raise housing costs and take a toll on the housing market. Due to a surge in multifamily production, overall housing starts held fairly steady, falling just 0.2% to a seasonally adjusted annual rate of 1.72 million units,…
Read MoreIt’s Time for Real-Time Data
Immediate Information Is Key To Conquering Soaring Costs, Rising Demand And Decreasing Manpower. By Kerry Dougan and Diego Larrea-Puemape The Infrastructure Investment and Jobs Act (IIJA) is pumping unprecedented funding into construction projects across the country. While this is all positive, this will result in materials producers being hit with a historically high volume of demand for materials in the…
Read MoreFreight Bottlenecks Slowing Shipments
As vehicle travel returns to pre-pandemic levels and federal transportation funding from the Infrastructure Investment and Jobs Act (IIJA) begins to reach states, it will be critical that states make additional investments to improve the efficiency and condition of the nation’s freight network to minimize supply chain disruptions, according to a new report released by TRIP, a Washington, D.C.-based national…
Read MoreHow the Supply Chain Forces Inflation
I have written in the past about how interest rates should remain steady for the foreseeable future, and even more recently, I have changed my tune and expressed concern about the inflation clouds that are forming on our economic horizon, and how this could affect the current – and very robust – recovery.
Read MoreNAHB Addresses Building Supply Chain Issues
The National Association of Home Builders’ (NAHB) efforts to engage the White House to convene a home building materials supply chain summit, seeking out solutions to end production bottlenecks that have resulted in soaring material prices, has borne fruit.
Read MoreGuest Editorial: Improving the Aggregate Industry Starts with Fixing Supply Chains
By Priyesh Ranjan Aggregates are quite literally the bedrock of U.S. infrastructure. In 2020 alone, the estimated U.S. output of construction aggregates produced and shipped for consumption was 2.43 billion metric tons. But despite a growing aggregate demand, there is one cog in the machine that’s preventing the industry from reaching its full potential: a broken supply chain network.
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