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MSHA Reports 12th Fatality

The Mine Safety and Health Administration (MSHA) reported that on July 24, two miners were loading explosives from inside an aerial lift’s basket when the basket jolted upward into the mine roof, causing the death of one of the miners. The incident happened at Carmeuse's Cisco Mine in Murray, Ga.

Read more: MSHA Reports 12th Fatality

CEMEX Secures Aid for Non-Profits Across California

CEMEX USA's philanthropic arm, the CEMEX Foundation, has awarded grants to more than 20 different nonprofit organizations across California, and the funding is expected to help provide food, housing, childcare, access to education and other vital support to communities in need as part of the company’s response to the COVID-19 pandemic. 

Read more: CEMEX Secures Aid for Non-Profits Across California

Dodge Momentum Index Increases in July

The Dodge Momentum Index moved 3.4% higher in July to 124.7 (2000=1000) from the revised June reading of 120.5. The Momentum Index, issued by Dodge Data & Analytics, 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. During the month, the commercial component increased 5.3% while the institutional component was unchanged.

Read more: Dodge Momentum Index Increases in July

Granite Provides Business Update

Granite Construction Inc. provided a business update and second quarter 2020 preliminary select financial information.

Read more: Granite Provides Business Update

Arcosa Sees Spike in Construction Materials Business

Arcosa Inc. reported that total revenues increased 15% to $498.5 million in the second quarter. Construction materials revenues increased 28% to $148.2 million in the second quarter, driven primarily by the acquisition of Cherry Industries. "In our legacy construction aggregates businesses, natural aggregates revenues were higher due to a robust increase in volume, partially offset by weakness in our plants serving oil and gas markets," the company stated.

Read more: Arcosa Sees Spike in Construction Materials Business