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Dodge Momentum Index Inches Higher in July

The Dodge Momentum Index moved slightly higher in July, increasing 0.5 percent to 134.7 (2000=100) from its revised June reading of 134.1. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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Excavator Operator Killed at Tennessee Quarry

On July 25, a 59-year-old excavator operator, with 17 years of experience, was killed at Vulcan Materials Savannah Quarry in Tennessee. Prior to the accident, the victim was loading shot rock into haul trucks. While waiting for the haul trucks to return, the victim was separating out oversized rocks when the cab of his excavator was struck by falling material from the highwall.

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Aggregates Team Places in Mine Rescue Competition

A team from Carlsbad, N.M., beat out 35 teams from 16 states nationwide to finish first at the 2016 National Metal and Nonmetal Mine Rescue Contest in Reno, Nev.

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MDU Construction Materials Business Spikes Higher

MDU Resources Group Inc. reported second quarter earnings from continuing operations of $46.1 million, compared to earnings from continuing operations of $25.8 million for the second quarter of 2015. Including discontinued operations, the exploration and production, and refining businesses, the company reported a loss of $109.3 million for second quarter 2016, compared to a loss of $229.8 million for second quarter 2015.

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