Construction Spending Ticks Upward; Highways Down Slightly

According to the U.S. Census Bureau, construction spending during June 2023 was estimated at a seasonally adjusted annual rate of $1,938.4 billion, 0.5% (±0.5%) above the revised May estimate of $1,929.6 billion. The June figure is 3.5% (±1.3%) above the June 2022 estimate. During the first six months of this year, construction spending amounted to $917.4 billion, 3.0% (±1.0%) above…

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The Economics of Workplace Safety

Justifying Safety Investments Is Greatly Enhanced By Quantifying What Most Financial Managers Refer To As ‘Intangible Costs.’  By Dennis Blauser Conveyor safety is not a modern trend bred by government regulation; it’s a common-sense idea as old as the first conveyor design. In the modern age, safety is a key factor in worker protection, reduced insurance rates and a lower…

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Votorantim Cimentos’ North American Revenue Up 12%

Votorantim Cimentos ended the second quarter of 2023 with R$470 million net profit, a 28% increase compared to R$366 million in the same period last year. The company’s global net revenue in the quarter was R$6.9 billion, an increase of 3% compared to the prior-year period, primarily due to the volume added by the recently acquired Malaga plant in Spain. 

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Unlocking Your Silos’ Full Potential

A Lack Of Regular Cleanings Can Lead To Reduced Storage Capacity, Lost Material, Blockages And Even Structural Damage.  By Dennis Blauser Silo cleaning is a critical part of any facility’s maintenance schedule. Without regular cleanings, stored material can become compacted, leading to reduced storage capacity, lost material, blockages and even structural damage.  This can have a serious impact on a…

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Time for AI?

Artificial Intelligence Is Changing The World, And The Cement Industry Is No Exception. Should We Be Worried, Or Is It The Time To Embrace The Revolution?  By Jonathan Rowland We need to talk about how good AI is getting. So read a headline from the New York Times in August 2022. Since then, public interest in artificial intelligence (AI) has…

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