Road to Prosperity
Nonresidential construction driving industry employment growth
The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000. Keep Reading
Martin Marietta, UNACEM strike a deal
Martin Marietta is offloading a California cement plant to the Peruvian company in a deal valued at more than $300 million. Keep Reading
Construction job openings down, labor scarcity remains
Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down. Keep Reading
CRH reports strong first-half performance
CRH saw gains in total sales and EBITDA in the first six months of 2023, with its Americas business realizing increases in those measures as well. Keep Reading
Heidelberg Materials makes a deal in Canada
The company agreed to acquire Green Drop Rock Products, which serves the market in Calgary, Alberta. Keep Reading
Nonbuilding, residential gains drive construction starts upward in July
Total construction starts gained 17 percent in July thanks, in part, to the start of a large LNG facility in Texas. Keep Reading
CEO reflects on Knife River’s culminating moment
President and CEO Brian Gray reflects on Knife River’s recent spinoff and the road ahead for the company and the construction materials industry. Keep Reading
What’s next for pricing of construction materials, equipment
The Associated Builders & Contractors’ Anirban Basu says construction materials prices should be reasonably stable in the coming months, but construction equipment prices might be an exception. Keep Reading
How Knife River performed in the second quarter
Now an independent, public company, Knife River Corp. noted how it set second-quarter records in key financial areas. Keep Reading
