Sources: U.S. Geological Survey; CP staff
Surveys from the federal agency closest to the construction materials supply chain indicate that portland and blended cement, sand & gravel and crushed stone producers closed 2018 with respective year-over-year shipment gains of 3 percent, 7 percent and 4 percent.
Read MoreSource: American Concrete Pavement Association, Rosemont, Ill.
The American Concrete Pavement Association Board has approved a resolution formally supporting a new Transportation Research Board (TRB) report stating the case for annual investment of $45 billion to $70 billion to cover rebuilding of Interstate highway pavements and bridges. Proposed funding levels in “Renewing the National Commitment to the Interstate Highway System: A Foundation for the Future” apply only to the Interstate portion of the overall Federal-aid highway system.
Read MoreSource: U.S. Federal Trade Commission
The Federal Trade Commission threshold at which a proposed transaction is subject to pre-merger filings increases from $84.4 million to $90 million, effective April.
Read MoreSources: Sika Corp., Lyndhurst, N.J.; CP staff
The latest additions to Sika AG’s North American operations are King Packaged Materials Co., a large independent Canadian producer of dry shotcrete, grouts, mortars and concrete solutions, and sister business King Shotcrete Equipment Inc.—both under KPM Industries Inc., Oakville, Ontario. The acquisitions expand the geographical footprint of Quebec-based Sika Canada and improve its growth potential in home improvement, construction, mining and tunneling markets.
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