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FMI predicts 8 percent construction growth in 2015

FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The sectors expected to experience the highest growth… Keep Reading

Global demand for silica sand reported to increase

According to the World Industrial Silica Sand study by The Freedonia Group, global demand for industrial silica sand is forecast to advance 5.5 percent per year to 291 million metric tons in 2018, with a value of $12.5 billion. This… Keep Reading

FMI predicts further growth 2015

FMI released its "2015 U.S. Markets Construction Overview" in which the firm's researchers predict 2014 will end with a 7 percent growth in construction put in place (CPIP). Researchers also expect this growth will continue with a total CPIP of… Keep Reading

LaHood weighs in on highway funding at Cat event

Built for it. Caterpillar’s new slogan raises a number of questions: Are we built to handle the new highway bill? Are we built to grow, despite the current depletion in government funding? These are questions Ray LaHood, former secretary of… Keep Reading

High demand: Pairing growth with deliverability

A Texas producer’s rapid growth puts a dealer’s serviceability to the test. The dirt in southwest Texas is as soft as baby powder, so a plant operator is bound to get an ear full of dirt when 40-mph winds come… Keep Reading

FMI outlook says economy slowly improving

FMI released its Q3-2014 Construction Outlook, which anticipates slow growth in the economy. This forecast is attributed to the relatively low energy prices, low inflation, unemployment holding around 6.2 percent and GDP slowly growing. In addition to this, consumers are… Keep Reading

Ongoing recovery drives Vulcan’s third-quarter growth

Vulcan Materials Co.'s third-quarter net sales increased 13 percent versus the prior year's third quarter, the company announced upon releasing its results for the third quarter. In addition, the company's gross profit increased 25 percent from the prior year as… Keep Reading

Are there limits to growth?

By David Chereb Of course there are limits. But too often the discussion about limits occurs after we’ve had a few years of slow growth. Then we start releasing opinions and research articles about why this is the new normal.… Keep Reading

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