FIRST LOOK – January 2017

TOP NEWS Trump Taps Chao President-elect Donald Trump nominated former Labor Secretary Elaine Chao to head the Transportation Department. Chao is a former U.S. deputy transportation secretary recently resigned from the board of Vulcan Materials Co. Safety First at CalCIMA The California Construction & Industrial Materials Association (CalCIMA) announced the recipients of its 2016 Safety Excellence Awards at its 2016…

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Aggregates Production Dips in Third Quarter; Higher for Year

An estimated 687 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the third quarter of 2016, a slight decrease compared with that of the third quarter of 2015. The estimated production for consumption in the first nine months of 2016 was 1.78 billion metric tons (Gt), an increase of…

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FIRST LOOK – December 2016

TOP NEWS Martin Marietta Sets Records Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter…

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USGS Estimates Wolfcamp Shale is a Monster

The Wolfcamp shale play in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cu. ft. of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey (USGS). This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically…

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First Look – July 2016

U.S. Concrete Makes New York AcquisitionU.S. Concrete Inc. has acquired the assets of NYCON Supply Corp., a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y. Mulzer Recognized for Commitment to Employee HealthCigna has selected Mulzer Crushed Stone Inc. as a winner of the annual Cigna Well-Being Regional Award for demonstrating a strong commitment to improving the health and wellness of…

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