News
Lafarge shares fall with rejected merger deal
Shares in cement group Lafarge fell around 2 percent when two Holcim shareholders rejected the revised deal for the companies’ merger, says The Irish Times. Russian businessman Filaret Galchev and Harris Associates both rejected the new terms, reports The Irish… Keep Reading
Eriez promotes Mankosa to executive VP of global technology
Eriez promoted Mike Mankosa from vice president of operations to executive vice president of global technology. In this position, Makosa will work to advance domestic and international operations while working to identify global product and market innovation opportunities. In addition,… Keep Reading
FMI predicts 8 percent construction growth in 2015
FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The sectors expected to experience the highest growth… Keep Reading
Luck elected chairman for NSSGA
Charles Luck IV, president and CEO of Luck Companies, was elected 2015 Chairman of the Board of the National Stone, Sand & Gravel Association (NSSGA) during the NSSGA Board of Directors’ meeting at the association’s annual convention March 18. “Charlie’s… Keep Reading
Michigan company to buy land for mining operation
The director of Michigan’s Department of Natural Resources (DNR) announced he agreed to sell $4.5 million of land to Graymont Inc. for the development of a limestone mining operation in the eastern Upper Peninsula, reports The Herald. Graymont wants to… Keep Reading
Holcim and Lafarge confident merger to occur this summer
Holcim and Lafarge are confident that their merger will happen this summer, says The New York Times. According to The New York Times, the agreement to merge was faltering in recent weeks because Holcim shareholders thought they were getting shortchanged… Keep Reading
February construction starts surge forward
According to Dodge Data & Analytics, construction starts in February jumped forward 16 percent at a seasonally adjusted annual rate of $724.3 billion. The Dodge Index for February read 153 compared to January’s 132 reading. Nonbuilding construction in February increased… Keep Reading
AGG1 breaks attendance, education ticket sales records
The 2015 World of Asphalt and AGG1 Aggregates Academy & Expo broke a number of records and boasted the largest show floor yet. The shows, which took place March 17-19 at the Baltimore Convention Center in Baltimore, Md., had more… Keep Reading
Lehigh Hanson’s Stanczak receives top NSSGA honor
The National Stone, Sand & Gravel Association (NSSGA) named retired Lehigh Hanson executive Michael Stanczak recipient of the association’s highest honor for his dedication to the construction aggregates industry, his family and his community. The annual Barry K. Wendt Memorial… Keep Reading
