The American Road and Transportation Builders Association reacted favorably to the Obama administration’s FY 2015 budget, released early last month, which recommends investing $90.9 billion in transportation improvements, a proposed $18.6 billion over the FY 2014 amount, or a 25.7 percent increase. In a follow up to the president’s late-February outline MAP-21 reauthorization priorities, the administration again called for a four-year, $302 billion surface transportation program from FY 2015 through FY 2018.
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Lead forecaster confirms positive construction trends
Source: FMI, Raleigh, N.C.
In its Q1-2014 Construction Outlook, management consulting and investment banking services provider FMI tracks construction put-in-place activity, projected at 8 percent growth this year over 2013, and offers an early gauge on key sectors:
Read MoreNPCA projects 6 percent growth in 2014 precast shipments
Source: National Precast Concrete Association, Carmel, Ind.
Based on data from its recently released Precast Industry Benchmarking Report and leading forecasters, NPCA projects U.S. producers’ shipments increasing this year to $16.8 billion from $15.9 billion in 2013, the 6 percent gain modest against higher overall construction growth in 2014.
Read MoreFHWA evolves Highway Materials Engineering Course
The Federal Highway Administration is extensively revising its Highway Materials Engineering Academy, which for 20 years has prepared transportation agency staff to develop specifications and guidance; make effective project acceptance decisions; and, design, construct and maintain assets to achieve long service life.
Read MoreRoad Builders Economist Projects Moderate Growth For 2014
Factoring a modest increase in construction costs, the American Road & Transportation Builders Association (ARTBA) projects that the overall U.S. transportation infrastructure construction market will grow 5 percent this year, to $135.8 billion from $129 billion in 2013.
Read MoreCSHub Investments’ Ripple Effect
A new roadmap shows how European Union cement interests, with much customer assistance, can clip carbon dioxide output from 1990 levels by 80 percent at mid-century. The ambitious goal fits the European Cement Association, based in Brussels—ground zero of carbon trading schemes, voluntary initiatives and regulatory pursuits aimed at net CO2 emissions reduction across the business and consumer landscape. It hinges on improvements in fuel- and energy-intensive cement milling, coupled with promotion of the energy or fuel efficiency inherent in concrete building and transportation slabs or structures.
Read MoreObama talks transportation funding, Jobs Act at Hilltop Concrete
With a rickety, steel trestle bridge as a backdrop, President Obama told a late-September gathering at Hilltop Concrete’s downtown Cincinnati plant, “We used to have the best infrastructure in the world.
Read MoreObama talks transportation funding, Jobs Act at Hilltop Concrete
Sources: White House press staff; National Ready Mixed Concrete Association, Silver Spring, Md.; Hilltop Basic Resources, Cincinnati; CP staff
With a rickety, steel trestle bridge as a backdrop, President Obama told a September 22 gathering at Hilltop Concrete’s downtown Cincinnati plant, “We used to have the best infrastructure in the world. We’re the country that built the Intercontinental Railroad, Interstate Highway System, Hoover Dam [and] Grand Central Station.”
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