Rock Products - The Leading Voice of the Aggregate Industries.

Athabasca Minerals Touts Aggregates Plant Growth

Edmonton, Alberta, Canada-based Athabasca Minerals Inc. announced its financial results for the fourth quarter and 13 months ended Dec. 31, 2014. The company announced that revenue, net of royalties at its Susan Lake aggregates plant was $26.33 million for 2014 as compared to $25.36 million in 2013.

Read more: Athabasca Minerals Touts Aggregates Plant Growth

Silica Standard Costs Vastly Underestimated

A new report released by the Construction Industry Safety Coalition (CISC) found that the Occupational Safety and Health Administration’s (OSHA) proposed silica standards for the U.S. construction industry will cost the industry $5 billion per year – $4 .5 billion per year more than OSHA’s estimates. The coalition cautioned that the flawed cost estimates reflect deeper flaws in the rule and urged the federal agency to reconsider its approach.

Read more: Silica Standard Costs Vastly Underestimated

Construction Employment Declines, Also Expands

Construction employment declined by 1,000 jobs in March but is still up by 282,000 compared to the prior year, as the sector's unemployment rate fell to 9.5 percent, according to an analysis by the Associated General Contractors of America (AGC). Association officials noted that declining demand for residential and public sector projects offset gains in other areas to contribute to the overall month job losses.

Read more: Construction Employment Declines, Also Expands

February Construction Spending Flat

The U.S. Census Bureau of the Department of Commerce announced that construction spending during February 2015 was estimated at a seasonally adjusted annual rate of $967.2 billion, 0.1 percent (±1.2 percent) below the revised January estimate of $967.9 billion. The February figure is 2.1 percent (±1.6 percent) above the February 2014 estimate of $947.1 billion.

Read more: February Construction Spending Flat