Rock Products

MAR 2017

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

Issue link: http://rock.epubxp.com/i/791883

Contents of this Issue

Navigation

Page 13 of 107

12 • ROCK products • March 2017 www.rockproducts.com I N D U S T RY N E W S IN THE KNOW aggregates product line shipments and increased 3.0 percent as com- pared with 2015. The Mid-America Group led this growth with a 21.2 percent increase, and the Southeast Group achieved a 3.1 percent increase. Steady economic improvement across the southeastern United States is driv- ing gains in office, retail and industrial development in North Carolina, South Carolina and Georgia. The West Group was negatively impacted by weather deferrals and lower energy-sector demand. The residential market accounted for 21 percent of the aggregates product line shipments for the year. Volumes to this segment increased 21.6 per- cent, driven by continued strength in housing construction. The Mid-Amer- ica Group and West Group achieved growth of 23.8 percent and 23.3 per- cent, respectively. With 2016 national housing starts of 1.17 million, still well below his- torical averages, the positive trends in housing construction in the com- pany's top states indicate continued growth in 2017. Florida, Georgia and Colorado are ranked in the top 10 states for gains in housing starts. Additionally, on the metro-level, Dallas, Atlanta, Kansas City, Austin, Texas, and Colorado Springs, Colo., all experienced double-digit growth in housing starts and rank in the top 10 for 2016. T h e C h e m Ro c k / R a i l m a r ke t accounted for the remaining 8 per- cent of aggregates product line volumes. The volume decline in this segment for the year principally reflects lower capital and mainte- nance activity by railroads. Overall, aggregates product line ship- ments increased 0.4 percent and 1.4 percent for the fourth-quarter and full-year 2016, respectively. The full- year increase reflects a 6.5 percent improvement in the Mid-America Group, partially offset by project and weather delays in the Southeast Group and West Group. Full-year aggregates product line pricing increased in all reportable groups. The overall price improve- ment of 7.3 percent was in line with management's expectations and led by a 10.6 percent increase in the West Group. The Southeast Group and Mid-America Group reported increases of 7.1 percent and 4.3 per- cent, respectively. U S T S U B A K I . C O M Total Package ROLLER CHAINS • ENGINEERING CLASS CHAINS • BACKSTOPS • SPROCKETS • CABLE & HOSE CARRIERS • POWER TRANSMISSION PRODUCTS WHY RISK GOING WITH ANY OTHER BRAND? Stack the deck in your favor by choosing Tsubaki chains, sprockets and backstops. U.S. Tsubaki's portfolio of Mining products will provide the reliability and durability required to keep your operation running at its best, even in the harshest conditions. U.S. Tsubaki's leading service and engineering support will design the right solutions for your application, minimizing downtime and saving you money. So be an ACE and go ALL IN with Tsubaki! DEAL YOURSELF A WINNING HAND ©2016 U.S. Tsubaki Power Transmission, LLC All Rights Reserved.

Articles in this issue

Links on this page

Archives of this issue

view archives of Rock Products - MAR 2017