Martin Marietta Scores Record Second Quarter Results

Martin Marietta Materials Inc. reported record results for the second-quarter ended June 30, 2017, including consolidated net sales of $996.3 million, an increase of 8.8 percent compared with $915.4 million in the second quarter of 2016. The company also reported:

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MSHA Reports Fifth Fatality This Year

The Mine Safety and Health Administration (MSHA) reported a fatality at EP Management Corp.'s Celatom Plant, a nonmetallic minerals operation in Oregon. On July 14, a part-time mine employee was moving irrigation pipe by hand and was electrocuted when the pipe came in contact with high-voltage transmission lines overhead.

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Construction Material Prices Building Up Construction Costs

Construction costs rose again in July, according to IHS Markit and the Procurement Executives Group (PEG). The headline IHS Markit PEG Engineering and Construction Cost Index registered 51.3, down from 51.5 in June. Both material/equipment and labor had few categories with falling prices. While the material/equipment sub-index rose, the labor sub-index showed some weakness.

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Eagle Materials Reports Strong First Quarter

Eagle Materials Inc. reported financial results for the first quarter of fiscal 2018 ended June 30, 2017. The company is reporting record revenues of $366.1 million, up 23 percent.

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Senate Committee Votes to Save, Increase TIGER Grants

According to a report in The Hiil, a Senate panel has rejected President Trump’s effort to eliminate Obama-era transportation grants, instead opting to provide a funding boost for the program.

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