Rock Products

FEB 2019

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 • February 2019 IN THE KNOW totaled 4.9 million tons, an increase of 1.7 percent from 2017, and 10.8 per- cent better than their five-year average. Lake Carriers' Association represents 13 American companies that operate 45 U.S.-flag vessels on the Great Lakes and carry the raw materials that drive the nation's economy: iron ore and flux- stone for the steel industry, aggregate and cement for the construction indus- try, coal for power generation, as well as salt, sand and grain. Collectively, its members can transport more than 90 million tons of dry-bulk cargo per year and employ more than 1,600 men and women, all of whom are U.S. citizens or legally admitted aliens, and provide annual wages and benefits of approximately $125 million. In turn, those cargos create and sustain nearly 116,000 jobs in the eight Great Lakes states and generate more than $20 bil- lion in economic activity, $8.3 billion in personal income, $16.4 billion in business revenue, $4.1 billion in local purchases and $3.7 billion in taxes. FAST FACT Loadings from U.S. quarries totaled 23.45 million tons, an increase of 1.2 percent compared to 2017. Dodge Momentum Index Lower in December; Up for Year The Dodge Momentum Index fell 4.9 percent in December 2018 to 151.9 (2000=100) from the revised November 2018 reading of 159.7. The Momentum Index is issued by New York-based Dodge Data & Analytics and is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. LOOKING BEYOND THE HORIZON BKT's extensive product portfolio comprises specific cutting-edge tire ranges to cater for the most demanding needs in a variety of fields such as agriculture, construction, and OTR, as well as transport and agro-industrial applications. BKT USA Inc. 2660 West Market St., Suite 100 Fairlawn (Akron) - OH 44333 Toll free: (+1) 888-660-0662 - Office: (+1) 330-836-1090 Fax: (+1) 330-836-1091

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