The National Steering Committee for the Concrete Industry Management (CIM) program raised more than $800,000 in gross revenue at its 10th annual auction. Proceeds will benefit CIM degree programs at Middle Tennessee State University, Murfreesboro; California State University, Chico; New Jersey Institute of Technology; and, Texas State University.
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Year-over-year sales and profit gains, bolstered by core aggregate operations’ higher shipments and pricing conditions, plus better than anticipated Texas Industries merger results, have Martin Marietta Materials Inc. enjoying investor confidence approximating pre-recession levels.
Construction aggregates production in 2014 reached an estimated 2.17 billion metric tons, valued at $19.8 billion and besting the prior year volume by more than 7 percent, according to the U.S. Geological Survey Mineral Commodity Summaries 2015 report.
Read MoreThe rumbling began late last year among units at Allied Stone and Cordova Dredge, businesses of Illinois aggregate producer Riverstone Group. Members of each petitioned the National Labor Relations Board to conduct elections on maintaining International Union of Operating Engineers Local 150 as their collective bargaining representative.
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