Sources: Martin Marietta Materials, Raleigh, N.C.; Staff reports A stock-for-stock takeover Martin Marietta launched December 12 for Vulcan Materials Co. would create a heavy building materials powerhouse with aggregate shipments (2010 combined: 278 million tons) more than double those of its closest peers, Oldcastle Materials (118 million tons) and Lehigh Hanson Inc. (116 million tons), but limited additional scale in…
Read MoreMonth: December 2011
Stronger 2011 construction equipment sales expected, but slower growth through 2014
Source: Association of Equipment Manufacturers, Milwaukee Construction equipment manufacturers anticipate overall business to close out 2011 with double-digit increases over 2010 in the U.S., Canada and worldwide. Growth is expected to continue, but at a slower pace, for 2012 through 2014, according to the annual business outlook survey of AEM, the North American-based international trade group representing the off-road equipment…
Read MoreHolcim to invest nearly $400 million in Ecuador
Source: Holcim Group, Zurich, Switzerland In an effort to continue its commitment to the development of the construction industry in Ecuador, in late 2012, Holcim Equador will initiate an investment of nearly US$400 million to start building the second phase of its main cement plant expansion project in Guayaquil, an effort that will allow the South American country to sustain…
Read MoreCemex receives $600 million compensation for Venuzuela nationalization
Source: Cemex S.A.B. de C.V., Monterrey, Mexico Cemex announced recently that it has received payment of US$600 million from the Government of the Bolivarian Republic of Venezuela and its public entity Corporación Socialista del Cemento, S.A. as compensation for the nationalization of Cemex Venezuela, S.A.C.A.. In addition, US$154 million of accounts payable by Cemex subsidiaries to Cemex Venezuela have been…
Read MoreLafarge Edmonton plants recognized for health & safety leadership
Source: Lafarge North America, Reston, Va. More than 400,000 hours of safe operation are being celebrated this week at Lafarge Canada aggregate sites in the Edmonton area (Andrew, Fort Saskatchewan, Onoway, Ponoka, Tommahawk) and at its precast concrete operation. These hours include work with industrial equipment such as conveyors, cranes, crushers, high-stressed cable and 50-ton loaders, all of which require…
Read MoreCement Totals—September 2011
Source: U.S. Geological Survey, Reston, Va. Total shipments of portland and blended cement in the United States and Puerto Rico were about 7.0 million mt in September 2011, according to the USGS. This was 3.0 percent higher compared with shipments for September 2010. Total shipments for the year through September were approximately 53.8 million mt, slightly higher compared to the…
Read MoreRecovery pushed to 2014…Forecast 2012
Slow employment growth, diminished government funding and continued uncertainty form the backdrop for current and future state of the construction industry, with flat consumption numbers expected for next two years.
Read MoreLafarge marks Canada’s National Precast Day with Habitat home plan
During an October 4 open house that drew 500 students, architects and engineers to its Edmonton precast plant, Lafarge Canada announced participation in a local Habitat for Humanity Net Zero energy duplex project.
Read MoreIndustry Celebrates as Cement Regulatory Relief BILL clears the House
October’s bipartisan passage of “Cement Sector Regulatory Relief Act of 2011” (H.R. 2681) by the U.S. House of Representatives was overwhelmingly called a triumph by construction industry leaders.
Read MoreCement Totals
Total shipments of portland and blended cement in the United States and Puerto Rico were about 7.9 million mt in August 2011, according to the U.S. Geological Survey. This was 8.0% higher compared with shipments for August 2010. Total shipments for the year through August were approximately 46.7 million mt, slightly higher compared to the same period in 2010.
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