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Summit Materials bolts on LeGrand Johnson to Kilgore Cos. business

Sources: Summit Materials Inc., Denver; CP staff

Summit Materials has acquired LeGrand Johnson Construction Co., serving northern and central Utah, western Wyoming and southern Idaho through four ready mixed concrete, five sand & gravel and five asphalt plants. The Logan, Utah, operator becomes the 12th brand integrated with Kilgore Companies, an Intermountain platform—spanning upwards of 20 ready mixed and 20 aggregate sites, plus newer asphalt capacity—built since 2009.

Read more: Summit Materials bolts on LeGrand Johnson to Kilgore Cos. business

Index affirms strong underpinnings for nonresidential market

Sources: FMI Corp., Raleigh, N.C.; CP staff

Except for the hint of a slight decline indicated at mid-year, commercial, industrial and institutional building activity continues at a steady pace, according to the Nonresidential Construction Index Report (NRCI) for Q3 2015. Prepared by management consultant FMI, the index reflects sentiments of construction executives nationwide.

Read more: Index affirms strong underpinnings for nonresidential market

Builders boost housing starts to pre-recession watermark

Source: National Association of Home Builders, Washington, D.C.

Led by a strong jump in single-family production, nationwide housing starts inched up 0.2 percent to a seasonally adjusted annual rate of 1.206 million units in July, according to U.S. Department of Housing and Urban Development and Commerce Department data. Single-family starts rose 12.8 percent to a seasonally adjusted annual rate of 782,000 units after an upwardly revised June reading, while multifamily work fell 17 percent to 424,000 units.

Read more: Builders boost housing starts to pre-recession watermark