Road to Prosperity
Road to Prosperity is a series developed with support from Van Der Graaf, and focuses on discussing and highlighting positive developments, trends, and advancements within the aggregate and mining industries, exploring ways to move forward and achieve success.
FMI leaders discuss the flow of IIJA funds
FMI Capital Advisors’ Rob Mineo and George Reddin offer an update on Infrastructure Investment & Jobs Act (IIJA) funding, what held up their flow and what the market can expect in 2024. Keep Reading
Dodge Momentum Index slides in August
Dodge Construction Network says a 15 percent drop in institutional project planning played a big role in the monthly decline. Keep Reading
Summit Materials, Argos USA to combine
Summit Materials is combining with Argos North America Corp. – the U.S. arm of Cementos Argos – in a deal that exceeds $3 billion. Keep Reading
Great Lakes limestone shipments up in August
The Lake Carriers’ Association says shipments totaled 4 million tons last month. That mark is up more than 4 percent. Keep Reading
USGS: Aggregate production down slightly in second quarter
While crushed stone production was flat, the U.S. Geological Survey (USGS) says sand and gravel production slipped 4 percent in the second quarter. Keep Reading
How IIJA funds are flowing thus far
BMC Enterprises’ Nathan McKean shares his experience with Infrastructure Investment & Jobs Act (IIJA) projects while offering an outlook for residential and nonresidential construction. Keep Reading
Nonresidential construction spending sees minimal growth in July
Private nonresidential spending increased 0.5 percent, while public nonresidential construction spending was down 0.4 percent in July, a net 0.1 percent gain for total nonresidential construction Keep Reading
Nonresidential construction driving industry employment growth
The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000. Keep Reading
Making sense of construction materials right now
FMI Capital Advisors leaders explain how producers are prevailing in various ways despite uncertainty within the market. Keep Reading
