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Housing Starts Fall in January

Nationwide housing starts dropped 3.8 percent to a seasonally adjusted annual rate of 1.099 million units in January, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance edged down 0.2 percent.

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Summit Materials to Acquire Boxley

Summit Materials anticipates a mid-March closing on key aggregate, concrete and asphalt-production assets of Roanoke, Va.-based Boxley Materials Co., a 124-year-old operator serving Virginia and West Virginia. A definitive agreement on the deal was announced less than two weeks after Summit closed on its recently reported deal for Wilmington, N.C.-based American Materials Co., with five sand and gravel operations in North and South Carolina.

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MSHA's POV Rule Challenged in Court

A district court judge in Southern Ohio will hear arguments on April 12 on whether the 6th U.S. Court of Appeals should hear the case against MSHA’s Pattern of Violations (POV) rule brought up by the National Stone, Sand and Gravel Association (NSSGA) and other associations.

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January Construction Starts Rise; Year Starts Strong

The value of new construction starts in January grew 2 percent to a seasonally adjusted annual rate of $607.9 billion, according to Dodge Data & Analytics.

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