Tags: Granite Construction

5 quarry owners team up to fund Bird Road interchange project in California

Apr 02, 2014

5 quarry owners team up to fund Bird Road interchange project in California

San Joaquin County, Calif. officials gathered recently to celebrate the completion of an interchange project at South Bird Road and Highway 120 that was made possible by five quarry owners, Tracy Press reports. Cemex, Granite Construction, Knife River Corp., Teichert Aggregates ...

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Publicly traded companies report positive trends

Apr 01, 2014

Publicly traded companies report positive trends

  After a significant wave of activity last month, there is little to report this month. At the same time, the news from the sector is positive, with a strong showing by many of the publicly traded companies for the fourth ...

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M&A Activity Off to a Fast Start

Mar 01, 2014

M&A Activity Off to a Fast Start

By George H. Reddin   After a, relatively speaking, quiet 2013, merger and acquisition activity is off to a feverish pace in 2014. Divestitures by Lafarge and Vulcan, and a merger between Martin Marietta and Texas Industries led the way. We have ...

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Data Mining

Feb 01, 2014

Data Mining

Data Mining

Dec 01, 2013

Data Mining

Balance sheet management continues among operators

Nov 01, 2013

Balance sheet management continues among operators

  Corporate divestitures once again dominated the activity last month, with Lafarge North America, Inc. and Vulcan Materials Co. leading the way. Balance sheet management continues to be the emphasis to create liquidity and borrowing capacity to take advantage of when ...

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Construction forecast holds promise, highways remain flat

Sep 01, 2013

Construction forecast holds promise, highways remain flat

By George H. Reddin Earnings reports from the construction aggregate sector show that there is improvement in the economic and construction industry fundamentals that drive demand for crushed stone, sand, and gravel. Data on housing starts and private non-residential construction continues ...

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Data Mining July 2013

Jul 20, 2013

Data Mining July 2013

Housing Increases More than Offset by Falling Federal Spending

Jun 01, 2013

Housing Increases More than Offset by Falling Federal Spending

By George H. Reddin   Merger and acquisition activity remains slow, but steady, as the outlook for many construction markets remains flat and disappointing. Spending on U.S. construction projects fell in March, as the biggest drop in government projects in more than ...

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Residential is up, but highways are status quo (at best)

May 01, 2013

Residential is up, but highways are status quo (at best)

By George H. Reddin     The first quarter of 2013 closed with slow, but steady, deal activity — the same pattern we’ve seen in recent years. The demand from buyers is as healthy as we have seen in years, and there remains ...

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Adding insult to injury

Apr 30, 2013

Adding insult to injury

Although Granite Construction abandoned efforts to permit its proposed Liberty Quarry in Riverside County, California, two groups continue to keep the matter alive. The city of Temecula and a citizens group, Save Our Southwest Hills (SOS), have modified their lawsuit ...

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Cemex results were a bright spot as units shipped decreased in 2012

Apr 01, 2013

Cemex results were a bright spot as units shipped decreased in 2012

By George H. Reddin The fourth quarter of 2012 brought mixed results from the construction materials sector, with companies like Granite and Vulcan reporting slight decreases in aggregates shipped and revenues earned. While there were some bright spots around the country, ...

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