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LafargeHolcim Predicts Market Growth in North America

LafargeHolcim reported net sales growth of 5.1 percent in its fourth quarter. Four bolt-on acquisitions were completed in 2018 in Europe and North America, which drove growth and added to the company’s presence in Ready-Mix Concrete and Aggregates. These acquisitions had immediate impact on profitability and brought the company closer to its end-customers. Four more bolt-on acquisitions have been signed in 2019 in Europe, Australia and North America.

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Dodge Momentum Index Falters in February

The Dodge Momentum Index lost 4.4 percent in February, falling to 146.9 (2000=100) from the revised January reading of 153.6. 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. 

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Knife River Adds New Texas Aggregates Deposits

MDU Resources Group Inc.'s subsidiary Knife River Corp. has acquired substantial additional aggregate deposits in Texas, which will augment existing company operations and enhance its ability to sell aggregates to third parties.

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Knife River Acquires Oregon Construction Materials Firm

MDU Resources Group Inc.'s subsidiary Knife River Corp. acquired Viesko Redi-Mix, Inc., a ready-mix concrete supplier headquartered near Salem, Ore.

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Wheeler Confirmed as EPA Chief

The Senate confirmed former coal industry lobbyist Andrew Wheeler to lead the Environmental Protection Agency, despite concerns by Democrats and one Republican about regulatory rollbacks he's made in eight months as the agency's acting chief.

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