Kevin Yanik
Report: Asphalt demand to rise each year through 2017
Demand for asphalt in the United States is forecasted to increase 3.7 percent annually to 27.9 million tons in 2017, according to a Freedonia Group Inc. report. Demand is expected to advance from its low 2012 base, spurred by growth… Keep Reading
Cemex forming joint venture company with Concrete Supply
Cemex and Concrete Supply Co. entered into an agreement to form a joint venture company, which will be called Concrete Supply Co. LLC. The transaction is expected to close later this year. The joint venture, which will have a production… Keep Reading
Crushed stone production up in second quarter
An estimated 321 million metric tons (Mt) of crushed stone were produced and shipped for consumption in the United States in the second quarter of 2013, according to the U.S. Geological Survey (USGS). The 321 Mt represent a slight increase… Keep Reading
Nonresidential construction given a slight boost
FMI released its third-quarter Nonresidential Construction Index (NRCI) report, as panelists gave nonresidential construction a 0.2-point improvement over the second quarter for a score of 60.3. The score is the NRCI index's highest since the first quarter of 2009. According… Keep Reading
Program launches to address demand for equipment service technicians
Washburn Institute of Technology launched a full-time, one-year construction equipment and diesel technology-training program to provide equipment dealers and other service providers experiencing technician shortfalls with qualified diesel service technicians. The program, which Case Construction Equipment and The Victor L.… Keep Reading
Illinois congressman tours Hanson Material Service quarry
Rep. Rodney Davis (R-Ill.) visited Hanson Material Service in Nokomis, Ill., during Congress' summer recess, according to the Illinois Association of Aggregate Producers (IAAP). Plant manager Jerry Hepburn and area manager Rich Ellis, along with their crew, put together a… Keep Reading
July construction recedes
New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw-Hill Construction. July statistics lowered the Dodge Index to 101, down from a revised 103 for June. The nonbuilding construction sector,… Keep Reading
ACG Materials acquires pits in Eagle Ford shale region
ACG Materials acquired the assets of Pinnacle Materials LLC’s Eagle Ford Division in south Texas. ACG Materials will now operate five pits – located in Dilley, Pearsall, Eagle Pass and the Three Rivers area – that Pinnacle Materials previously managed. ACG… Keep Reading
A $100 billion company without a finance department
Accounting. Finance. Human resources. Information technology. All four of these areas are vital for multimillion-dollar companies to function, but Cemex, as Fast Company reports, outsourced those functions last year to IBM as part of a 10-year, $1 billion contract. "What… Keep Reading
