News
Poor weather puts a damper on builder confidence in February
Unusually severe weather conditions across much of the United States, along with continued concerns over the cost and availability of labor and lots, caused builder confidence in the market for newly built, single-family homes to post a 10-point drop to… Keep Reading
Construction takes a hit in January
The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which… Keep Reading
Caterpillar releases first drill in C Series
Caterpillar has released the first of its C Series drills, the MD5150C track drill. Compared with the MD5125, which the MD5150C will replace, the new drill has 18 percent more power, a compressor that can deliver 33 percent more air… Keep Reading
Salt Lake City site of SME’s annual meeting
The 2014 Annual Meeting and Exhibit of the Society for Mining, Metallurgy & Exploration (SME) will be held Feb. 23-26 in Salt Lake City. More than 5,500 mining industry professionals from more than 30 countries are expected to attend. “We… Keep Reading
LiuGong moving into larger facility to support dealers
LiuGong North America, headquartered in Katy, Texas, is scheduled to move to a larger interim facility to support its expanding dealer network. The move comes after LiuGong announced its most profitable year since the company began operations in the United… Keep Reading
Coalition to support federal mineral science and information activities
Fifteen organizations united to form the Mineral Science and Information Coalition (MSIC) to advocate for reinvigorated minerals science and information functions in the federal government. According to the Society for Mining, Metallurgy & Exploration (SME), federal programs in minerals science,… Keep Reading
NSSGA adds board members
Eighteen people were elected to serve three-year terms beginning at NSSGA's March 5 board of directors meeting. Members elected to the board for the 2014-2016 term include: Ab Boxley, Boxley Materials Co.; Greg Bush, Linwood Mining & Minerals Corp.; Carl… Keep Reading
Volvo pledges support for next phase of efficiency regulation
The Volvo Group publicly committed its support to working with the U.S. Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) on the second phase of a national program to reduce greenhouse gas emissions and improve the… Keep Reading
Nonresidential construction index at its highest point ever
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its 2014 First Quarter Nonresidential Construction Index (NRCI) report. The NRCI showed a 7.5-point increase since the last quarter, as well as a 6.8-point… Keep Reading
