Americas

Holcim US has acquired the sand and gravel operation of New Kent County, Virginia-based Basic Construction Company.

American construction input prices decreased 1.8% in July compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of new U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices decreased 1.8% for the month as well.

US construction industry trade association Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator fell by 0.2 months in July and now stands at 8.7 months.

US-based aggregates processing and asphalt roadbuilding equipment manufacturer Astec Industries is celebrating its 50th anniversary.

The Associated Builders and Contractors (ABC) construction industry trade association has criticised the Senate Democrats’ proposed new Inflation Reduction Act, claiming it will worsen inflation rather than curb it.

Vulcan Materials’ aggregate sales rose year-on-year by 24.5% to US$1.4 billion in the second quarter of 2022.

CEMEX and CEMEX Ventures, CEMEX's corporate venture capital and open innovation unit, are investing in a global early-stage venture fund, Zacua Ventures, that aims to tackle the construction industry's biggest challenges in sustainability, productivity, and urbanisation.