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

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50 • ROCK products • March 2017 www.rockproducts.com BENCHMARK 2017 SURVEY • Automation products, 25.93 percent. •  Portable crushing/screening plants, 22.96 percent. •  Drones/stockpile measurement, 17.78 percent. • Energy management, 14.07 percent. • Breakers, 11.85 percent. • Frac sand equipment, 5.19 percent. • Other, 4.44 percent. Looking Ahead Aggregates producers are pretty con- fident right now that they are sitting on an acceptable amount of reserves for the foreseeable future. About 80 percent of respondents said they have adequate reserves. When asked what limits their access to reserves, respon- dents cited permitting issues, followed by access to materials and a limited quantity of materials. In addition, 22 percent of respondents said their plants would operate at 90 to 100 percent capacity in 2017. That is up from 19 percent in 2016. Conversely, while last year's survey revealed that 32 percent of respondents said their plants would only operate at 80 to 90 percent of capacity, this year's survey indicated that in 2017, only 24 percent said their plants would only operate at 80 to 90 percent of capacity. When asked to describe the attitude in the aggregate industry in 2017, the answer is clear. Producers are feeling good about their prospects going for- ward, with a strong 75 percent saying they are "more optimistic," well up from last year when 49 percent noted their optimism. That tracks closely with the number of respondents who expect aggregates production to increase this year: 64 percent, up from 50.8 percent last year. Statistics based on information gath- ered by more than 350 respondents who accessed the survey. 29.63% 16.30% 27.41% 26.67% 0.00% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% Less than $500 ,000 $500,000 - $1 million $1 - $5 million $5 - $10 million No Answer What is your company's capital expenditure budget for 2017? 74.81% 19.26% 5.93% 0.00% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% More Optimistic No Change More Pessimistic No Answer Going into 2017, how would you describe the attitude in the aggregates industry compared with 2016?

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