CGC Inc., the Canadian division of USG Corp., announced plans to revitalize and relaunch a state-of-the-art gypsum quarry in Little Narrows, Nova Scotia, Canada. This CAD$104 million investment will reinforce CGC’s supply of raw gypsum material – the largest in the world – to meet the growing demand of customers with easy, reliable access to world-leading wallboard products. Once fully…
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Materials Prices Still Rising
Aug. 31, 2021 – According to Ken Simonson, Associated General Contractors’ chief economist, materials prices continue to rise for a variety of inputs. Vulcan Materials Co. notified customers it “will implement 2022 price increases at or near 11% across our markets, with less flexibility than you may have been accustomed to in the past.” On Aug. 13, USG notified customers it would increase prices effective…
Read MoreNew Commercial Construction Index Marks Growth
Commercial construction is in high demand across the country and contractors are confident in the trajectory of the industry, according to the USG + U.S. Chamber of Commerce Commercial Construction Index. Nearly all contractors surveyed – 96 percent – expect revenues to grow or remain stable this year compared to 2016, with 40 percent expecting an increase and only 3 percent…
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