ASTM Aggregates Committee Honors Graves

Robin E. Graves, corporate manager of technical services with Vulcan Materials Co. in Birmingham, Ala., received the Katharine and Bryant Mather Award from ASTM International Committee on Concrete and Concrete Aggregates (C09).

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Dodge Momentum Index at Eight-Year High

The Dodge Momentum Index increased 2.9 percent in December to 136.7 (2000=100) from its revised November reading of 132.8. 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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Vulcan to Acquire Tennessee Operations

Vulcan Materials Co. has signed an asset purchase agreement to acquire Lebanon, Tenn.-based LoJac Holdings Corp.'s asphalt, construction, safety and Monterey operations, according to The Tennessean.

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U.S. Limestone Shipments Down; Canadian Up on Great Lakes

Shipments of limestone on the Great Lakes totaled 26.3 million tons in 2016, a decrease of 9.3 percent compared to 2015, according to the Lake Carriers' Association. Loadings for 2016 were also 5.3 percent below the trade’s five-year average.

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Summit Materials Acquires Colorado, Arkansas Operations

Summit Materials Inc. entered into definitive agreements to acquire Colorado-based Everist Materials, LLC and Arkansas-based Razorback Concrete Co., subject to customary closing conditions. Both transactions are expected to close on or before Feb. 28, 2017.

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