Raleigh, N.C.-based FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its “Third Quarter Nonresidential Construction Index Report.” Plunging 5 points, the index is back to Q2-2010 levels.
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Essroc celebrates railroad spur improvement with ribbon cutting
Officials in Berkeley County recently celebrated the completion of a $10 million railroad spur project that is expected to help Essroc Italcementi Group’s Martinsburg, W.Va., plant ship thousands of tons of product each year via rail instead of area highways. About 100 people attended the official dedication and ribbon cutting for the 1.2-mile rail spur, which connects the plant to…
Read MoreCemex subsidiary to put minority stake in Latin American assets on Colombian stock exchange
Cemex Latam Holdings, S.A., a wholly owned subsidiary of Cemex España, S.A., presented to the Superintendencia Financiera de Colombia an application to list its shares on the Colombian stock exchange and to offer a minority of Cemex Latam’s shares in a public offering to investors in Colombia and, in a concurrent private placement, to eligible investors outside of Colombia. Cemex…
Read MoreCemex’s Craddock receives PCA leadership award
The Portland Cement Association recognized Cemex Executive Vice President Frank Craddock as the winner of the 2012 John P. Gleason, Jr., Leadership Award. Presented at association’s recent annual fall committee meeting in Chicago, the award honors employees of member companies who have exhibited industry leadership by taking the PCA in new directions. Awards are presented in two categories of key…
Read MorePCA Second-quarter cement consumption survey shows gains
North American portland cement consumption increased 11.6 percent in the second quarter of 2012 against the same quarter in 2011. Both the U.S. and Canada recorded double-digit gains of 11.8 percent and 10.3 percent, respectively, according to Portland Cement Association’s Survey of Portland Cement by User Group report.
Read More$446M Lafarge NA asset deal yields Eagle Materials Great Plains platform
Source: Eagle Materials Inc., Dallas; Lafarge Group, Paris; Staff reports Eagle Materials announced recently that the company has entered into a definitive agreement with Lafarge North America to purchase for $446 million Lafarge’s Sugar Creek, Mo., and Tulsa, Okla., cement operations, as well as related assets, which include six distribution terminals, two aggregates quarries, eight ready-mixed plants and a fly…
Read MoreResilient concrete building focus of post-tornado Missouri community event
Source: Portland Cement Association, Skokie, Ill. Joplin Concrete will lead a host of Missouri professionals in sponsoring “Ideas for a Stronger Joplin,” October 20, 2012, from 10 a.m–2 p.m., at the Wildcat Glades Conservation & Audubon Center in Joplin. Walter Wulf, CEO of Joplin parent company Monarch Cement, will be master of ceremonies for the free event framed around the…
Read MoreCAC to hold Rediscover Concrete educational events in every province
Source: Cement Association of Canada, Ottawa, Ontario To remind building designers and contractors across Canada of the benefits of using concrete for building and infrastructure projects, CAC is hosting Rediscover Concrete seminars and meetings. “Our seminars will engage decision makers across the country and encourage discussions surrounding the sustainability of cement and concrete for building and infrastructure projects,” stated Michael…
Read MoreCrony capitalist mindset rises in EPA fly ash rulemaking
Sources: CP staff; IBA Green Inc., Newport Beach, Calif. A subsidiary of a publicly traded energy company, Pioneer Exploration, is claiming processes to neutralize the purported toxicity of coal combustion fly ash and waste incineration bottom ash, then recycle treated material into infrastructure-suited geopolymer concrete.
Read MoreConstruction executives: Romney best bet for broad industry recovery
Source: Engineering News-Record Construction leaders believe the industry’s recession will carry through mid-2013. According to the ENR Construction Industry Confidence Index (CICI) for the third quarter of 2012, construction and design firm executives believe that the market in the near term will continue to be flat, and that Republican presidential nominee Mitt Romney’s election represents the best bet for a…
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