Cemex Second Quarter Net Income Spikes Higher

Cemex, S.A.B. de C.V. announced that consolidated net sales reached $3.6 billion during the second quarter of 2017, an increase of 2 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016. 

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June Construction Starts Climb 4 Percent

New construction starts in June grew 4 percent from the previous month to a seasonally adjusted annual rate of $679.9 billion, according to Dodge Data & Analytics. Nonresidential building increased 13 percent in June, strengthening after two months of lackluster activity, and the nonbuilding construction sector rose 8 percent with the help of elevated activity for electric utilities. However, residential building slipped 4 percent in June, as both sides of the housing market (single-family and multifamily) retreated.

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MSHA Issues New Serious Accident Alert

The Mine Safety and Health Administration (MSHA) has issued the following serious accident alert.

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De Beers Canada’s Snap Lake Mine to Auction Equipment

De Beers Canada’s Snap Lake Mine in Yellowknife, NWT, Canada, will sell and auction a variety of equipment assets, including mining equipment, construction equipment and new inventory such as tires, wires and cables, transformers, substations and underground mining consumables.

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CalPortland Receives ARPA Community Excellence Award

CalPortland has received the 2016-2017 Community Excellence Award from Arizona Rock Products Association (ARPA) for its contributions to local communities made over the past year. 

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