News
Multifamily housing demand expected to rise for next few years
Demand for apartments will increase over the next several years, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. And while multifamily construction continues to be strong, NAHB… Keep Reading
Acquisition to impact ContiTech in the U.S.
Continental Corp. acquired Veyance Technologies Inc., an Ohio-based rubber and plastics manufacturer, for $1.9 billion. Continental plans to integrate Veyance into its ContiTech division that includes a conveyor belt group and a fluid technology business unit. Keep Reading
Dodge Momentum Index continues to climb
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, rose 3 percent in January from the previous month, according to McGraw Hill Construction. The Momentum Index has been on a steady climb… Keep Reading
MSHA produces ladder safety guide to improve work practices
MSHA launched a metal/nonmetal mining initiative and a corresponding "Ladder Safety Guide" to improve ladder safety standards. According to MSHA, the "Ladder Safety Guide" will serve as the basis for a series of inspector trainings on ladder safety in the… Keep Reading
Vulcan’s fourth-quarter revenue exceeds previous year’s mark
Vulcan Materials Co. reported $470 million in fourth-quarter aggregates revenue, as well as $112 million in gross profit – increases of 14 and 37 percent, respectively, versus the company's 2012 fourth quarter. In addition, Vulcan's gross profit per ton of aggregates… Keep Reading
SME updates cut-off grade estimation book
The Society for Mining, Metallurgy & Exploration Inc. (SME) says a new edition of a publication that examines cut-off grades, one of the most important calculations in the mining industry because they play a key role in estimating mineral reserves… Keep Reading
Baldor Electric promotes three staff members
Baldor Electric Co. -- a company that makes, designs and markets energy-saving industrial electric motors, drives and mechanical power transmission products – promoted three longtime staff members. Jeff Moore was appointed vice president of the Baldor-Dodge brand mechanical product marketing… Keep Reading
NSSGA’s leadership awards given to two at Lehigh Hanson
NSSGA says two Lehigh Hanson Inc. employees have earned its highest leadership awards in Safety & Health and Environment. Jon Reedy, Lehigh Hanson’s director of Environment, Safety & Health for the South Region & Hanson Building Products, received the 2013… Keep Reading
Double Coin Tires, CMA open second distribution center
Tire manufacturer and marketer Double Coin Tires and CMA opened a west coast distribution center. The newly built facility, which is located in Rancho Cucamonga, Calif., will support the dealer and end-user supply chain with shipments of the Double Coin… Keep Reading
