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Construction Spending Down for Month; Up for Year

Construction spending during July 2017 was estimated at a seasonally adjusted annual rate of $1,211.5 billion, 0.6 percent (±1.5 percent) below the revised June estimate of $1,219.2 billion. The July figure is 1.8 percent (±1.8 percent) above the July 2016 estimate of $1,189.8 billion.

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Cemex Makes Huge Donation to Texas Relief Effort

Cemex, S.A.B. de C.V.  announced a $500,000 donation for employee and community relief efforts in Texas after the devastating effects of Hurricane Harvey.

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NSSGA Awards Barry K. Wendt Memorial Scholarship

The National Stone, Sand and Gravel Association's (NSSGA) Manufacturers & Services (M&S) Division selected Gregory Meyer, a senior at Virginia Tech, as the recipient of the 2017 Barry K. Wendt Memorial Scholarship.

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PB Materials Acquires Aggregates, Ready-Mix Assets in Texas

PB Materials Holdings Inc. (PBM), a regional producer of aggregates and ready-mix concrete in the Permian Basin, has completed the simultaneous acquisitions of substantially all of the assets of  WUUD Aggregate LLC, ARM Trucking Limited Co. and Kermit Concrete Co.

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Aggregates Production Dips in Second Quarter

An estimated 606 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2017, a slight decrease compared with that of the second quarter of 2016, according to Jason Willett, crushed-stone commodity specialist for the U.S. Geological Survey (USGS). The estimated production for consumption in the first six months of 2017 was 1.02 billion metric tons (Gt), a slight decrease compared with that of the same period of 2016.

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