Road to Prosperity
Why 2024 is prime for M&A in construction materials
FMI Capital Advisors leaders offer a midyear update, discussing market dynamics, merger and acquisition activity, and more. Keep Reading
Report: Equipment rental activity softening in US, Canada
The American Rental Association’s latest projections indicate an 8.9 percent revenue increase in 2024. Keep Reading
Granite finishes Dickerson & Bowen deal
Granite Construction adds three sand and gravel pits and four asphalt plants in the Southeast with its cash transaction. Keep Reading
Latest Dodge report shows dramatic dip in construction starts
Dodge Construction Network says a June decline in utility construction starts pulled overall activity lower, although residential starts have experienced upward momentum. Keep Reading
Great Lakes limestone shipments slip in July
The Lake Carriers’ Association reports that shipments were down nearly 15 percent for the month. Keep Reading
CRH chief reflects on second-quarter performance
CRH chief executive Albert Manifold says the company is positioned to ‘deliver another record year in 2024.’ Keep Reading
Weather once again a factor for Martin Marietta in second quarter
Martin Marietta reported decreases in total revenue, gross profit and aggregate shipments, due largely to poor weather in key regions. Keep Reading
Granite CEO discusses second quarter, latest transaction
In addition to making gains within its materials segment, Granite Construction reached a deal with Dickerson & Bowen. Keep Reading
Summit Materials sees continued success in second quarter
Summit Materials experienced increases in net revenue, operating income and adjusted EBITDA. Keep Reading