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Summit Materials Acquires Aggregates, Ready-Mix Operations

Summit Materials has announced another round of acquisitions. The company acquired Southwest Ready-Mix, a ready-mix concrete company in southwest Houston; Colorado County Sand & Gravel, an aggregates company in Colorado County, Texas; and Concrete Supply of Topeka/Builders Choice ConcreteColorado County Sand & Gravel, an aggregates and ready-mix concrete company based in Topeka, Kan.

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TCC Cautions Congress About its Failure to Act

With October 1 marking the beginning of fiscal year 2015, the 31-member organization Transportation Construction Coalition (TCC) urged Congress to find a way to pay for, and pass, a new long-term surface transportation measure as soon as possible. They cautioned that failure to act would lead to another self-imposed funding crisis that would undermine vital road, highway and transit repairs.

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Construction Employment Drives Forward

The U.S. construction industry added 16,000 jobs in September, according to the Oct. 3 Bureau of Labor Statistics preliminary estimate. The August estimate was revised downward from 20,000 to 16,000 net new jobs. Nonresidential construction added 3,200 jobs in September, accounting for only 20 percent of the total gain in construction employment.

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Fuel Economy Gains Highlight Need for Highway Trust Fund Action

GAS-150The Environmental Protection Agency just announced that new vehicles achieved  all-time-high fuel economy in 2013. Model year 2013 vehicles achieved an average of 24.1 miles per gallon (mpg) – a 0.5 mpg increase over the previous year and an increase of nearly 5 mpg since 2004.

Read more: Fuel Economy Gains Highlight Need for Highway Trust Fund Action