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U.S. Concrete, Amboy Aggregates Strike Deal

U.S. Concrete Inc. announced that its wholly owned subsidiary, Eastern Concrete Materials Inc. acquired New York Sand and Stone, LLC from Amboy Aggregates, a joint venture between Great Lakes Dredge and Dock Co. LLC, a wholly owned subsidiary of Great Lakes Dredge and Dock Corp. and Ralph Clayton and Sons Materials L.P. The acquisition includes the assignment of leases to operate two existing aggregate distribution terminals on the East River in Brooklyn, N.Y.

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Construction Starts in September Climb 10 Percent

New construction starts in September advanced 10 percent to a seasonally adjusted annual rate of $604.1 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The increase followed an up-and-down pattern during the previous two months, and brought activity to its highest level so far during 2014.

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Eagle Materials Acquires CRS Proppants

Eagle Materials Inc. has entered into a definitive agreement to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC (CRS Proppants), an established supplier of high-quality northern-white frac sand to the energy industry.

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Nationwide Housing Starts Climb Even Higher

For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production in September rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units.

Read more: Nationwide Housing Starts Climb Even Higher