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Will Senate Finally Tackle Highway Bill?

On Tuesday, July 8, Sen. Mitch McConnell (R-Ky.) said that the Senate could consider a highway bill as early as the week of July 15, and reiterated that the Senate would not recommend increasing the fuel user fee to fund the bill, according to the National Stone, Sand and Gravel Association (NSSGA).

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Dodge Momentum Index Declines in June

The Dodge Momentum Index fell to 118.3 (2000=100) in June, down 1.3 percent from 119.9 in May, according to Dodge Data & Analytics. 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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Construction Materials Firms Consolidate

Three Mid-Atlantic companies known for materials production and heavy civil construction management and implementation have combined to make the largest organization of its kind in the region.

 

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Graymont Completes Major Acquisition

Graymont has finalized its previously announced acquisition of two New Zealand-based producers, McDonald’s Lime and Taylor’s Lime. The acquisition extends the U.S. and Canadian producer's reach into the Asia-Pacific region. Graymont also has a significant investment in Grupo Calidra, the largest lime producer in Mexico.

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Winkleman Named President, CEO of Hinkle Contracting

Hinkle Contracting Co. LLC appointed Larry Winkleman as president and CEO effective June 1, 2015, succeeding Tom Hinkle. Winkleman joined Hinkle in August 2013 as chief operating officer, having worked for three prominent Ohio construction and construction materials businesses, S.E. Johnson Companies Inc., Kokosing Construction Co. Inc., and, most recently, Miller Bros. Construction Inc. Winkleman is a civil engineer and has a Master of Business Administration degree.

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