News
NSSGA honors Hinck for environmental leadership
The National Stone, Sand & Gravel Association (NSSGA) chose Matthew Hinck, environmental manager for CalPortland, to receive its 2014 Environmental Leadership Award. This award recognizes an individual who has contributed to the industry’s environmental responsiveness, is involved in NSSGA’s environmental… Keep Reading
Rogers Group names Matson executive VP and COO
Rogers Group named Darin Matson as its executive vice president and chief operating officer. Prior to this position, Matson worked as division vice president of RGI, where he was responsible for the company’s operations in Arkansas and western Kentucky, as… Keep Reading
Vulcan releases fourth quarter 2014, full-year results
Vulcan Materials Co. announced the results for the fourth quarter ending Dec. 31, 2014 and for the full year of 2014. Compared to the 2013 fourth quarter, Vulcan’s total revenues increased $75 million, or 11 percent, to $755 million. Gross… Keep Reading
CRH to purchase Lafarge, Holcim assets for $7.4 billion
Irish cement maker CRH has agreed to pay $7.4 billion for the Lafarge and Holcim assets, says an article on Reuters. This purchase will make CRH the world’s third-largest building materials supplier and the largest building supplier in central and… Keep Reading
Regal Beloit closes acquisition of Power Transmission Solutions
Regal Beloit announced the closing of the acquisition of the Power Transmission Solutions business from Emerson. Additional information regarding the acquisition will be provided at Regal’s quarterly conference call at 9 a.m. CST on Feb. 17. Those who would like… Keep Reading
DOT releases infrastructure analysis
Transportation Secretary Anthony Foxx with Google Chairman Eric Schmidt unveiled “Beyond Traffic,” a forward-looking infrastructure analysis from the U.S. Department of Transportation (DOT). The analysis is “offered to the public as a draft to ignite a national conversation about the… Keep Reading
Obama proposes six-year, $478 billion infrastructure budget
President Barack Obama proposed a 14 percent tax on overseas profits that would raise $238 billion over six years and create a $478 billion infrastructure budget, the National Stone, Sand & Gravel Association reports. “This transition tax would mean that… Keep Reading
Aggregate production up 7.1 percent in 2014
Total aggregates production rose 7.1 percent in 2014, according to new information from the U.S. Geological Survey (USGS). In its just-released Mineral Commodity Summaries 2015 report, USGS says 2.17 billion metric tons of aggregate were shipped last year compared to… Keep Reading
Continental acquires Veyance after CADE approval
Continental concluded its acquisition of U.S. rubber company Veyance Technologies after receiving approval from Brazilian antitrust authority CADE (Council for Economic Defense). The transaction is valued at 1.4 billion euros. Veyance specializes in producing conveyor belts, hoses and power transmission… Keep Reading
