Construction input prices rose 2.9% in March, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices expanded 2.8% for the month.
Telematics company Trimble has entered into a definitive agreement to sell its Loadrite, Time and Frequency, Spectra Precision Tools and SECO accessories businesses to Precisional, an affiliate of private equity firm The Jordan Company (TJC).
Titan America is building a new 70,000-ton dome at its Roanoke Cement Company import terminal in Chesapeake, Virginia. The investment will strategically position the company to meet the growing demand for its products in the Mid-Atlantic region.
Metso Outotec and Tutt Bryant have signed a distribution contract that extends Tutt Bryant’s prior reach to include fixed plant crusher wears, spares and service support for Australian customers.
Associated Builders & Contractors (ABC) reports that its Construction Backlog Indicator increased to 8.3 months in March, according to an ABC member survey conducted March 22 to April 5. The reading is up 0.5 months from March 2021.
Metso Outotec is developing a full range of electrically driven track-mounted crushers and screens in response to a growing demand for sustainable plant solutions.
CEMEX has expanded its pioneering use of alternative fuels with an agreement with 3M in Panama to process its industrial waste. This collaboration aligns with CEMEX's Future in Action strategy to reduce its carbon footprint and contribute to a circular economy.
