The Goodwill Conundrum

As we all know, the construction materials industry, which in part includes construction aggregates, ready-mixed concrete and concrete products, has been consolidating rapidly over the past three decades, and the pace of that consolidation shows no signs of abating anytime soon. So it is worth understanding how purchasers in our industry, usually large multi-nationals, treat a purchase of a smaller…

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No Relief in Sight for the Tough Labor Market

By: Pierre G Villere The future holds great promise, as technology continues to disrupt traditional norms and methods in the construction industry in general, and in the aggregates industry in particular. The future for driverless haul trucks, robotics that will replace traditional loaders, use of drones for multiple functions at quarries operations, and all manner of improvements in materials crushing…

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Millennials Are Still on the Housing Sidelines

By: Pierre G. Villere After years of expectations that the housing market would come back to at least its average historical levels of annual starts, The Wall Street Journal recently conducted research that indicates the U.S. housing market is still waiting for a buying surge from the Millennial generation that entered the workforce during the recession, and some of the…

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