News
Aggregate Industries U.S. names new COO
Aggregate Industries U.S. appointed Guy Edwards COO. The company says he will focus on strategy implementation and business improvement, as well as assess the structure, efficiency and performance of the organization. “Guy’s industry experience and strategic vision are invaluable for… Keep Reading
Martin Marietta-Texas Industries merger approved by shareholders
Shareholders from both Martin Marietta Materials Inc. and Texas Industries overwhelmingly approved the proposed combination of the two companies at their respective meetings. According to a press release, more than 99 percent of the shares voting at the Texas Industries… Keep Reading
Volvo Financial Services names president
Volvo Financial Services named Scott Rafkin president. He will start his new position July 1. According to a press release, Rafkin is currently the acting president of Volvo Financial Services and was previously CFO. He has held various senior positions… Keep Reading
SMEF launches global humanitarian program
The Society for Mining, Metallurgy & Exploration Foundation (SMEF) launched the Miners Give Back program to contribute to improving the lives of individuals where mining is, or has been, an integral part of the community. “As the largest professional society… Keep Reading
Construction slides but no need to worry, economist says
New construction starts in May dropped 5 percent from the previous month according to McGraw Hill Construction, a division of McGraw Hill Financial. The reduced pace for total construction starts reflected a moderate loss of momentum for nonresidential building and… Keep Reading
Volvo opens customer center in Pennsylvania
Volvo Construction Equipment (CE) opened its North American Customer Center in Shippensburg, Pa., with a ribbon-cutting ceremony that included Rep. Bill Shuster (R-Pa.), Rep. Lou Barletta (R-Pa.), Rep. Scott Perry (R-Pa.), Volvo CE Americas President Göran Lindgren, Swedish Ambassador to… Keep Reading
Masaba opens its doors to students for career day
Masaba Inc. hosted a welding career day for high school and technical students. According to a press release, more than 30 attendees got a tour of Masaba's facility. The event featured representatives from area technical schools to speak with interested… Keep Reading
Martin Marietta-Texas Industries deal approved with conditions
The U.S. Department of Justice approved Martin Marietta Materials Inc.’s $2.7 billion purchase of Texas Industries Inc., Bloomberg reports. Part of the approval is a requirement that Martin Marietta sell a few assets. According to Bloomberg, Martin Marietta will sell… Keep Reading
Short-term surface transportation reauthorization bill proposed
Sen. Ron Wyden (D-Ore.) proposed a three-month plan June 24 as an immediate solution to continue highway funding through the end of the year. According to The Hill, Wyden said only $9 billion can be reallocated from various areas of… Keep Reading
