Rock Products

JAN 2018

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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16 • ROCK products • January 2018 www.rockproducts.com Industry Analysis L ast year, everyone eagerly anticipated the "bold, visionary plan for a cost-effective system of roads, bridges, tunnels, airports, railroads, ports and waterways, and pipelines" that was supposed to be released in the first 100 days of the Trump Administration. Anticipation for the plan was evident at ConExpo-Con/Agg in March 2017, where aggregates producers turned up in droves to spend valuable capital upgrading equipment and technology. By all accounts it was a record show. The industry is still waiting. But there is new hope. According to recent media reports, President Trump plans to release his long-promised infrastructure proposal early in 2018, and at press time some details were being leaked. The White House plan calls for allocating at least $200 billion in federal funds over 10 years and counts on states, localities and the private sector to kick in $800 billion to reach the promised $1 trillion in investment. No word yet as to where that $200 billion in federal dollars will come from. Not the plan everyone expected, but it could work. "Last year, we pressed our priorities of an increased fuel tax and robust infrastructure investment and strongly supported regulatory reform efforts by Congress and the administra- tion," said Michael Johnson, president and CEO of the National Stone, Sand and Gravel Association (NSSGA). "Transportation Secretary Elaine Chao has said that an infrastructure bill is still on the administration's priority list for 2018, following Outlook/Forecast 2018 The Industry Is Poised for a Breakout Year, If That Infrastructure Plans Comes Through. By Mark S. Kuhar and Josephine Smith

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