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Bad Economy may
Doom Incumbents of Both Parties
This month’s election was small, but highly charged and may be a
precursor for a wild and woolly 2010 election season. The aggregate
industry’s resident political junkie, Pam Whitted, National Stone,
Sand & Gravel Association’s vice president of government affairs, gave
us her take on how things in D.C. are likely to shake out.
Read More.
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Aggregate Trader is the fastest way to buy and sell new and used
aggregate equipment and products. To make it even faster, LIST FREE in
October!* As online partners to Mine and Quarry Trader and Rock and
Concrete products, AggregateTrader.com is linking buyers to sellers -
fast. Move It FREE in October! www.aggregatetrader.com
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Martin
Marietta Promotes Nye, Zelnak retires
Martin Marietta Materials Chairman and CEO Stephen P. Zelnak Jr.
will retire mid-year 2010 after leading the company for over 27 years.
C. Howard (Ward) Nye will become CEO effective Jan. 1, 2010 and has been
elected to the board of directors. Read
More.
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AED, AEM:
Transportation Bill Key to Unemployment
In the wake of recent dismal government unemployment data, two
construction equipment industry trade groups are warning Congress that
the economy will shed more jobs in the coming months unless lawmakers
swiftly enact a new multi-year highway law. Read More
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Holcim’s Q3 Sales
Down, Income Up
In reporting its Q3 financial results, Holcim showed net income
like-for-like increased by 13.7% in the third quarter despite lower
sales volumes, and its operating EBITDA margin increased to 25.8%. Read More.
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Infrastructure
a Priority at Obama Job Summit
Rebuilding cities' infrastructure, fostering regional and local
economies, and coordinating federal and local energy efficiencies are
some of the priorities the National League of Cities President Kathleen
Novak wants to stress in her participation in President Obama's upcoming
job summit. Read
More.
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Quarrying
Moratorium Imposed
In the former Philippines capital Quezon City, the environmental
department issued a moratorium on all quarrying activities citing
imminent danger in the area, according to a report by BusinessWorld
Online. Read
More.
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Report
Identifies States in Financial Peril
Loss of state revenues, large budget gaps, increasing joblessness,
high foreclosure rates, legal and poor money-management practices have
brought California and several other states to the brink of financial
disaster, according to a report from the Washington, D.C.-based Pew
Center on the States. Read
More.
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U.S. Asphalt Demand
to Increase Slowly
The Freedonia Group predicts that consumption of asphalt products in
the United States will increase 1.7% annually to 30.8 million tons in
2013. This is equivalent to 169 million barrels of primary asphalt, the
vast majority of which is refined petroleum asphalt. Read More.
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Upcoming
Events
American Concrete Pavement Association Annual Meeting
Nov. 30-Dec. 4
Orlando, Fla.
Contact: ACPA
Web: www.acpa.org
TRB Annual Meeting
Jan. 10-14, 2010
Washington, D.C.
Contact: Transportation Research Board
Web: www.trb.org
ISEE Annual Conference
Feb. 7-10, 2010
Orlando, Fla.
Contact: International Society of Explosive Engineers
Telephone: (440) 349-4400
Web: www.isee.org
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