Sources: Cemex, S.A.B. de C.V., Monterrey, Mexico; Staff reports Pursuant to the exercise of a put option by Ready Mix USA, Cemex will assume full ownership in the two Cemex USA–Ready Mix USA joint ventures. Created in 2005, they span ready mixed, concrete block, cement and aggregate production and distribution operations in Alabama, Florida, Georgia and five other Southeast states.
Read MoreDay: August 24, 2011
MIT buildings, pavements research position concrete for post-LEED accounting
Sources: CP staff; Portland Cement Association, Skokie, Ill.; RMC Research & Education Foundation, Silver Spring, Md. Two studies from the Concrete Sustainability Hub at the Massachusetts Institute of Technology represent major advancements for construction-related life-cycle assessments (LCA), as they quantify cradle-to-grave cost and environmental impacts for buildings and pavements. Released August 11 as part of the Concrete Sustainability Hub’s 2011…
Read MoreCemex in Dominican Republic begins first major turnkey project in Santo Domingo
Source: Cemex, S.A. de C.V., Monterrey, Mexico Cemex has recently began its first turnkey project in the Dominican Republic with its participation in the construction of one of capital city Santo Domingo’s biggest projects and the surrounding market. Mercatodo Santo Domingo is a new distribution center for agricultural and refrigerated products. It will require 12,500 cu. meters of ready mix…
Read MoreARRA spending continues to decline
Source: Portland Cement Association, Skokie, Ill. According to a recent PCA report, 77.3 percent of total American Recovery and Reinvestment Act highway funds have been dispersed through July, compared to 75.6 percent in June. July highway stimulus spending was $452 million, a 31 percent decrease from June’s spending rate. Against year-ago levels, July’s spending volumes declined 64 percent. Spending has…
Read MoreState economic recovery to vary depending on deficits, market strength
Source: Portland Cement Association, Skokie, Ill. The national economy is expected to recover during 2011-2012, generating 2.5 million jobs in 2011 and 2.7 million in 2012. However, due to the over-supply characteristics in residential and commercial markets, coupled with persistent state deficits, construction activity may encounter a more prolonged recovery. According to a recent PCA report, relatively flat conditions will…
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