News
Institutional building increase boosts Dodge Momentum Index
The Dodge Momentum Index, the monthly measure of the first report for nonresidential building projects in planning, held steady in November, according to McGraw-Hill Construction. The index registered a 92.5 in November – an increase relative to October's revised 92.0.… Keep Reading
FLSmidth names new global CEO
Thomas Schulz, president of Sandvik Construction, is leaving Sandvik to become CEO of FLSmidth & Co. Schulz has worked for Sandvik since 2001 and has had various positions within the company. Jorgen Huno Rasmussen, FLSmidth's current CEO, will retire midway… Keep Reading
Vulcan develops product calculator app for iPad, iPhone
Vulcan Materials Co. has launched a product calculator app for Apple's iPhone, iPod Touch and iPad mobile devices. The Vulcan Materials Product Calculator is a tool that allows users to estimate the construction materials needed for building and paving projects. … Keep Reading
Rivet, Lapan accept new Atlas Copco positions
Andy Rivet has been named manager at Atlas Copco's store in Ludlow, Mass., and Cory Lapan will take over Rivet’s former position as service manager at that location. Rivet had served as service manager at the Ludlow location since 2005.… Keep Reading
Martin Marietta to try new approach in pursuit of Vulcan
Martin Marietta Materials Inc. was unsuccessful earlier this year in its hostile takeover attempt of Vulcan Materials Co. But Martin Marietta won't give up trying to purchase the top crushed-stone producing company in the United States. According to the Wall… Keep Reading
Shuster named chairman of House Transportation and Infrastructure Committee
Rep. Bill Shuster (R-Pa.) will take over as chairman of the U.S. House Transportation and Infrastructure Committee in January, replacing Rep. John Mica (R-Fla.), who led Republicans on the committee for the last six years. According to the Pittsburgh Post-Gazette,… Keep Reading
Power plant pullback triggers October construction starts retreat
The value of new construction starts retreated 14 percent in October to a seasonally adjusted annual rate of $434.9 billion, according to McGraw-Hill Construction. Much of the decline was due to a sharp pullback by the electric power and gas… Keep Reading
USGS says aggregates production increases in third quarter
The U.S. Geological Survey (USGS) has released figures showing that an estimated 583 million metric tons (mmt) of total aggregates were produced in the U.S. in the third quarter this year. The figure represents an increase of 6.8 percent compared… Keep Reading
Facility expected to expand Major Wire’s presence in South
Canadian-based Major Wire Industries Ltd. recently welcomed producers and dealers from the Southern United States to an open house at its newest facility in Salisbury, N.C. The 55,000-sq.-ft. weaving and finishing facility matches Major Wire’s ISO 9001:2008 registered process and… Keep Reading
