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NALC Buyout Includes High-Quality Reserves

The management team of NALC USA Corp., wholly owned subsidiary of North American Limestone Corp. based in Toronto, Ontario, Canada, announced the buyout of the company’s assets, effective July 1, 2014. The name of the new entity is NALC, LLC.

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Construction Spending Ticks Up in May

The U.S. Census Bureau of the Department of Commerce announced that construction spending during May 2014 was estimated at a seasonally adjusted annual rate of $956.1 billion, 0.1 percent (±1.6 percent) above the revised April estimate of $955.1 billion. The May figure is 6.6 percent (±2.1 percent) above the May 2013 estimate of $896.6 billion.

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Volvo CE Inaugurates New Customer Center

Volvo Construction Equipment (Volvo CE) inaugurated its North American Customer Center on June 23, with a ribbon cutting by Congressman Bill Shuster, Congressman Lou Barletta, Congressman Scott Perry, Volvo CE Americas President Göran Lindgren, Swedish Ambassador to the United States Björn Lyrvall, Pennsylvania State Senator Richard Alloway and other dignitaries.

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