News
Martin Sprocket opens Pittsburgh manufacturing branch
Martin Sprocket & Gear opened a manufacturing branch in Zelienople, Pa., near Pittsburgh to expand its service offering in the Northeast. According to the company, the Pennsylvania manufacturing branch serves as one of 30 Martin locations in North America and will… Keep Reading
SME conference offers technical sessions, field trip
The Society for Mining, Metallurgy & Exploration Inc. (SME) plans to host its 2016 Annual Conference & Expo (ACE) Feb. 21-24 at the Phoenix Convention Center. According to SME, the conference theme is "The Future For Mining In A Data-Driven World."… Keep Reading
Terex Corp. receives acquisition proposal from Zoomlion
Terex Corp. received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $30 in cash. According to the company, the proposal is conditioned on receipt of… Keep Reading
Eagle Materials president, CEO plans to retire
Eagle Materials announced Steve Rowley, president and CEO, plans to retire on March 31. Rowley worked with Eagle Materials and its stockholders for 25 years. Rowley says he plans to continue to work with the company’s management for the next two… Keep Reading
California Transportation Commission slashes transportation funding
The California Transportation Commission approved a $754 million decrease over the next five years in projected funding available for the state’s transportation program. According to the California Department of Transportation (CDOT), this marks the largest scaling back of the state’s… Keep Reading
Kalenborn Abresist names senior VP sales, marketing
Kalenborn Abresist Corp. appointed Craig Frendewey as its senior vice president of sales and marketing. Frendewey, a graduate of Northern Michigan University, joined Kalenborn Abresist in 2013 as a sales manager. According to the company, he has more than 30 years… Keep Reading
NSSGA commissions Pit & Quarry contributor for market forecast
S-C Market Analytics, a construction materials forecasting company whose chief economist contributes regularly to Pit & Quarry, produced a report commissioned by the National Stone, Sand and Gravel Association (NSSGA) about the anticipated impact of the FAST Act on aggregates… Keep Reading
Total construction starts up 8 percent in 2015
New construction starts in December 2015 advanced 4 percent to a seasonally adjusted annual rate of $591.6 billion, reports Dodge Data & Analytics. The December statistics produced a reading of 125 for the Dodge Index, compared to a revised 120… Keep Reading
President Obama vetoes Congress WOTUS disapproval
President Barack Obama vetoed a bipartisan congressional resolution, S.J.Res 22, that formally denounced the Waters of the United States (WOTUS) rule, reports the National Stone, Sand & Gravel Association (NSSGA). The WOTUS rule would dramatically expand the U.S. Environmental Protection… Keep Reading
