Kevin Yanik
W.S. Tyler names Thompson president
W.S. Tyler appointed Karen Thompson as its new president. She replaces Florian Festge, who assumed the managing director position of the Machinery Division for W.S. Tyler’s parent company, Haver & Tyler. Thompson spent the last 16 years working in various… Keep Reading
Ohio commits $120 million to repair locally owned bridges
The state of Ohio plans to invest $120 million to repair and replace more than 200 county- and city-owned bridges over the next three years, according to the Ohio Department of Transportation (ODOT). ODOT says it reduced overhead costs and improved… Keep Reading
Firm anticipates 7 percent increase in construction next year
Researchers at FMI, a management consulting and investment banking firm to the construction industry, are predicting construction-put-in-place (CPIP) growth rates to be slightly ahead of the gross domestic product in 2014. FMI is specifically predicting construction put in place to… Keep Reading
Martin Marietta’s quarterly revenues, earnings rise
Martin Marietta Materials Inc. reported double-digit increases in revenues and earnings for the third quarter. Ward Nye, Martin Marietta president and CEO, says the ongoing recovery in private-sector construction, drove the company's third-quarter growth. "I am especially proud of the… Keep Reading
Nonresidential building growth takes a sudden dip
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, slipped 0.9 percent in October compared with the previous month, according to McGraw Hill Construction. October’s decline brought the momentum index to 115.3… 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
Summit Materials names financial, legal officers
Summit Materials appointed Brian Harris as CFO and Anne Benedict as chief legal officer. John Murphy, who stepped down as interim CFO, will continue to serve the company as a director and chairman of the audit committee of the board… Keep Reading
Near double-digit growth forecast for construction
McGraw-Hill Construction predicts total U.S. construction starts for 2014 to rise 9 percent to $555.3 billion. McGraw-Hill Construction made the prediction as part of its 2014 Dodge Construction Outlook. The organization forecasted a 5 percent increase to $508 billion for… Keep Reading
September construction climbs 13 percent
New construction starts in September advanced 13 percent to a seasonally adjusted annual rate of $556 billion, according to McGraw-Hill Construction, a division of McGraw Hill Financial. Nonresidential building bounced back after losing momentum in August, and the nonbuilding construction… Keep Reading
