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Vulcan lands investor support for four Georgia quarries

Vulcan Materials Co. sold an interest in future production at four quarries in Atlanta to Plum Creek Timber Co. Inc. Vulcan Materials will receive $154 million in exchange for a percentage royalty interest in 255 million tons of aggregate production… Keep Reading

Vulcan Materials sets record for United Way contributions

Vulcan Materials Co. set a company record for United Way participation, with more than 85 percent of employees at its corporate headquarters contributing to United Way of Central Alabama's 2013 Live United Generos-City fundraising campaign. A steering committee comprised of… Keep Reading

Mine safety the topic of Canadian symposium

The Society for Mining, Metallurgy & Exploration (SME) and the Canadian Institute of Mining Metallurgy & Petroleum (CIM) are jointly hosting a symposium Oct. 20-22 on safety and reliability. The symposium, "Safety In Mining: A Reliable Operation Is A Safe… Keep Reading

Oldcastle chief operating officer leaving company

Doug Black, COO of Oldcastle Inc. is leaving the company to pursue other interests. Three Oldcastle chief executives – Keith Haas (building products), Bob Feury (distribution) and Joe Myers (building solutions) will now report to Mark Towe. "We would like to express… Keep Reading

August construction rises 2 percent

New construction starts in August advanced 2 percent compared with July, according to McGraw-Hill Construction. According to the firm, nonbuilding construction rebounded after momentum was lost in July. At the same time, McGraw-Hill Construction says nonresidential building retreated from an… Keep Reading

Wendt Memorial Scholarship awarded for 2013

A panel of industry judges chose Matthew Blake, a sophomore at the University of Alaska Fairbanks, as the recipient of the 2013 Barry K. Wendt Memorial Scholarship. Blake began his college education at Northeastern University but left to work in… Keep Reading

FMI still sees 2014 construction growth, yet its forecast is tapered

FMI forecasted growth in both residential and commercial construction for 2014 upon releasing its third-quarter construction outlook, but the management consulting and investment banking organization reined in its expectations based on recent market developments. As part of its Q3-2013 Construction… Keep Reading

Coco Group’s purchase of Russell Group now complete

Coco Group, a Canadian aggregate producer, acquired Russell Redi-Mix Concrete, Langenburg Redi-Mix Ltd., and the Russell Group (RRMC), which provides heavy civil contracting, aggregates production, supply and hauling, excavation grading and site-preparation services. “Our heavy civil construction expertise now spans… Keep Reading

PCA economist says cement consumption growth is coming

An unusually wet spring and early summer dampened cement consumption for the first quarter of 2013, according to the Portland Cement Association (PCA), but its chief economist is still optimistic for strong growth in the construction sector in 2014 and… Keep Reading

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