Business
Patuxent, Chaney form partnership in Maryland
Pax-Shore Aggregates was established on the western portion of the eastern shore of Maryland. Keep Reading
Amrize completes bond offering ahead of planned spinoff
Ian Johnston, designated CFO of the future Holcim North America business, says the demand for Amrize’s bond offering demonstrates ‘strong investor confidence’ in the company. Keep Reading
Rogers Group purchases Kentucky’s Sterling Materials
The nation’s largest privately owned construction aggregate company acquired a producer situated between Cincinnati and Louisville, Kentucky. Keep Reading
Report: Nonresidential construction spending, construction job openings up in February
National nonresidential construction spending was up 0.3 percent in February and construction job openings increased by 22,000 in the month. Keep Reading
Heidelberg Materials acquires GCHI, subsidiaries
Heidelberg Materials North America purchased Giant Cement Holding Inc. (GCHI), which includes Giant Cement Co., Dragon Products Co. and Giant Resource Recovery. Keep Reading
Armada Materials enters Kentucky with acquisition
Armada Materials purchased and opened Drake’s Creek Stone in Franklin, Kentucky. Keep Reading
Dodge Momentum Index up to start 2025
The Dodge Momentum Index was up 5.6 percent in February, with commercial planning growing 4.2 percent and institutional planning increasing 8.7 percent in the month. Keep Reading
Report: Construction Backlog Indicator dips, contractor confidence up
The Associated Builders & Contractors (ABC) reports its Construction Backlog Indicator fell in February, while its Construction Confidence Index was up. Keep Reading
Breedon Group acquires Missouri-based construction materials company
Breedon Group completed its $238 million acquisition of Lionmark, a Missouri-based construction materials company, further diversifying the UK-based company's product offering in the U.S. Keep Reading
