News
Report: Martin Marietta Materials in talks to buy Texas Industries
Martin Marietta Materials Inc. is in advanced talks to buy construction material supplier Texas Industries Inc., according to a report by Bloomberg News that cites people familiar with the matter. An agreement could be announced as early as this week,… Keep Reading
Firm: Construction starts climbed 6 percent in 2013
New construction starts in December grew 5 percent to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month… Keep Reading
One-hundred-acre Georgia quarry sold
Stephens MDS LP acquired the 100‐acre granite quarry in College Park, Ga., from Bluegrass Materials Co. The transaction closed Jan. 22 for an undisclosed sum. According to a press release, Bluegrass Materials had purchased the quarry along with three other… Keep Reading
Vulcan selling cement, concrete operations in Florida
Vulcan Materials Co. has agreed to sell cement and concrete businesses in Florida and Georgia to Cementos Argos for $720 million. According to a press release, Vulcan is retaining all of its aggregates operations in Florida. Vulcan is selling businesses… Keep Reading
SME designs mobile app for annual meeting attendees
The Society for Mining, Metallurgy & Exploration (SME) introduced a free mobile app designed to improve attendees’ experience at its upcoming annual meeting. It will help users keep track of what’s happening at SME’s annual meeting and exhibit, which is… Keep Reading
CDE Global launches U.S. operation
Materials washing specialists CDE Global has incorporated in the United States, opened an office in Siler City, N.C., and launched a new website geared to the U.S. market. For the past 20 years, CDE Global has supplied wet processing technology… Keep Reading
Gorman-Rupp appoints vice president, general manager
Pump manufacturer Gorman-Rupp promoted Scott King to vice president and general manager for the company's Mansfield (Ohio) Division. King has nine years of experience with Gorman-Rupp, according to a press release. He most recently served as vice president of operations… Keep Reading
Shuster sets tentative timeline for next transportation bill
Rep. Bill Shuster (R-Pa.), chairman of the House Transportation Committee, said last week that he wants the House to pass a new transportation-funding bill by August. Shuster did not endorse any specific funding proposals. The current bill expires in September.… Keep Reading
Komatsu America starts production of Tier 4 Final engines
Komatsu America Corp. started commercial production of its EPA-certified Tier 4 Final diesel engines this month, the company announced in a press release. The Tier 4 Final technology will be integrated into Komatsu America’s mining and construction engines ranging in… Keep Reading
