Road to Prosperity
AGC: More interest rate hikes likely
While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024. Keep Reading
Knife River sees record growth in third quarter
Now an independent company, Knife River experienced record financial growth for the second consecutive quarter, driven, in part, by its construction materials revenue. Keep Reading
Aggregate volumes down, pricing up at Summit Materials
The company provided perspective on third-quarter activity within its aggregate business, with president and CEO Anne Noonan offering an update on the Argos USA merger. Keep Reading
The latest on nonresidential spending, construction job openings
The Associated Builders & Contractors reports that nonresidential construction spending was up 0.3 percent and job openings were up by 56,000 in September. Keep Reading
Revenues, profit up at USLM in third quarter
United States Lime & Minerals (USLM) reports its lime and limestone revenues were up 13.5 percent in the quarter. Keep Reading
More growth for Martin Marietta despite shipment declines
Aggregate revenues and gross profit were up in the third quarter at Martin Marietta despite a 7 percent dip in shipments. Chairman and CEO Ward Nye offers details. Keep Reading
Eagle: Demand for construction materials remains strong
Eagle Materials president and CEO Michael Haack offered perspective as the company published its latest quarterly financial report. Keep Reading
Aggregate business a standout one for Holcim this year
Holcim published its third-quarter financial report, detailing that net sales of aggregates are up 5.8 percent on the year. Keep Reading
How Cemex fared in the third quarter
Cemex CEO Fernando González says ‘2023 is proving to be an exceptional year for our company.’ Keep Reading
