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Knife River books nearly $42M gain from Tax Cuts & Jobs Act

Sources: MDU Resources Group Inc., Bismarck, N.D.; CP staff

A Tax Cuts & Jobs Act-prompted reevaluation of 2017 net deferred tax liabilities across MDU Resources produced a $41.9 million addition to fourth quarter figures for the Knife River Corp. construction materials business unit. Federal tax reform passed late last year lowers the corporate tax rate from 39 percent to 21 percent. The deferred tax liabilities gain positioned Knife River to contribute $123.4 million of MDU Resources' $284.2 million in 2017 earnings, against respective prior year figures of $102.7 million and $232.4 million.

Read more: Knife River books nearly $42M gain from Tax Cuts & Jobs Act

Sustainable construction drives new Global Cement & Concrete Association

Sources: Global Cement & Concrete Association, London; CP staff

The parent companies of CalPortland, Cemex USA, Holcim, Lafarge North America, Lehigh Hanson, Oldcastle Inc. and Votorantim Cement North America are among charter members of the Global Cement & Concrete Association (GCCA), dedicated to strengthening the sector's contribution to sustainable construction and offering solutions to social challenges across the world.

Read more: Sustainable construction drives new Global Cement & Concrete Association

ATMI Precast panels frame WeatherTech Super Bowl ad

Sources: CP staff; WeatherTech Direct LLC, Bolingbrook, Ill.

Auto protection product manufacturer WeatherTech offered the 100 million-plus viewers of this year's Super Bowl a quick sampling of precast concrete construction methods' speed and efficiency in a 30-second spot with the timely message, "At WeatherTech, we built our new factory right here in America. Isn't that the way it's supposed to be?"

Read more: ATMI Precast panels frame WeatherTech Super Bowl ad

Record Concrete Industry Management auction surpasses $1M

Sources: Concrete Industry Management National Steering Committee

The annual fund raising auction for CIM degree programs grossed $1.1 million from a pool of concrete fleet, plant and construction equipment and material offerings, along with sports, travel and entertainment packages. CIM Auction Committee Chairman Mike Philipps calls the event, staged at the Las Vegas Convention Center on World of Concrete 2018 day two, "our best ever … We had a record in terms of the value of donated items and attendees."

Read more: Record Concrete Industry Management auction surpasses $1M