Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff
Lafarge North America has sold five ready mixed concrete, three asphalt and three aggregate operations serving the Albuquerque, Rio Rancho and Santa Fe, N.M., markets. The integrated properties comprise one of six third-quarter acquisitions through which Vulcan Materials invested nearly $320 million emanating from the sale of Florida concrete and cement production assets earlier this year.
Source: Associated General Contractors of America, Washington, D.C.
Construction employers added 16,000 jobs last month as sector unemployment fell to 7 percent, the lowest rate for September since 2007, according to an AGC analysis of monthly employment figures the U.S. Bureau of Labor Statistics released October 3.
Source: Associated Builders and Contractors, Washington
The ABC Construction Confidence Index (CCI), which reflects nonresidential construction industry prospects using three measured categories—revenues, profit margins and hiring—increased across all indices during the first six months of 2014.