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October Construction Starts Recede 4 Percent

New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016. 

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Boral Ltd. Acquires Headwaters Inc.

Boral Ltd. will acquire Headwaters Inc. for $24.25 per share in cash, a deal valued at $2.6 billion, according to the companies.

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New Senate Leadership Looks Favorable to Aggregates Industry

The Senate Environment and Public Works Committee – which has jurisdiction over infrastructure spending and environmental regulations – will have a new chairman and ranking democrat in the new Congress. The committee will be led by the new Chairman John Barrasso (R-Wyo.), and ranking Democrat Tom Carper (D-Del.)

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Montana Tech Holds Mining Symposium

A mining and mineral symposium at Montana Tech, Butte, Mont., attracted geologists and mineralogists as presenters and people from as far as Washington, California and Idaho as well as Montana as attendees, according to the Montana Standard.

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House Approves Concrete Masonry Bill

On the opening day of the lame duck session of the 114th Congress, the U.S. House of Representatives approved HR 985, the Concrete Masonry Products, Research, Education and Promotion Act of 2015 by a vote of 355 to 38.

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