Road to Prosperity
Peckham Industries acquires Gorman Group asphalt terminal
The acquired asphalt terminal in Rensselaer, New York, is the largest privately held asphalt terminal on the East Coast, according to Peckham. Keep Reading
PCA chief economist provides 2024 outlook
Ed Sullivan, chief economist and vice president of market intelligence, shared his 2024 economic outlook at World of Concrete 2024 in Las Vegas. Keep Reading
Martin Marietta acquires Albert Frei & Sons
Albert Frei & Sons is the nation’s 54th-largest crushed stone producer, serving the Denver market. Keep Reading
Summit Materials completes merger with Argos USA
The $3.2 billion combination, which the companies announced back in September, was approved this month. Keep Reading
ABC: Construction input prices decrease in December
Construction input prices were down 0.6 percent in December, but remain 1.2 percent higher year-over-year, according to the Associated Builders & Contractors (ABC). Keep Reading
AGC: Construction industry adds jobs in December
According to an Associated General Contractors of America (AGC) survey, contractors expect to hire more employees in 2024 but are struggling to find enough qualified workers. Keep Reading
Dodge Momentum Index improves in December
The Dodge Momentum Index gained 3 percent in December, with commercial planning increasing 1 percent and institutional planning improving 6.1 percent. Keep Reading
Jarco Aggregates makes another acquisition
The company acquired sand and gravel reserves in Freer, Texas, in a deal that comes on the heels of its purchase of Corpus Christi Sand & Gravel. Keep Reading
Summit Materials adds Moore as COO
Marshall Moore, who is responsible for the team integrating Summit’s acquisition of Argos USA, joins the construction materials-producing company in a newly created role. Keep Reading