Rock Products

JUL 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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Page 2 of 79 ROCKproducts • July 2019 • 1 FIRST LOOK Wendling Quarries Acquires Coots Materials Wendling Quarries Inc. purchased the Iowa assets of Coots Materials Co., according to a company announcement. The deal includes Coots Quarry, Jabens Quarry and the Coots Sand Pit. TOP NEWS TACA Meeting a Success The Texas Aggregates & Concrete Association (TACA) welcomed more than 360 attendees to its 65th Annual Meeting June 12-14 at the Gaylord Hotel in Grapevine, Texas. Lindsey Aggregates' New Plant Lindsey Aggregates, based in New York state, opened its doors to showcase its new multi-million-dollar integrated sand washing system, designed and installed by full-service EPC company CDE. Rock Products was on-hand for the equipment debut. MSHA WATCH The agency completed a major upgrade to its primary data system – the Mine Data Retrieval System (MDRS) – bringing increased functionality and more intuitive navigation to this widely used feature. The MDRS offers a variety of tools to help operators monitor their compliance with MSHA regulations. The system provides access to comprehensive mine location, status, ownership, employment, production, accident/inspection/violations history and health- sampling data. The estimated U.S. output of construction aggregates produced and shipped for consumption LQ WKH ¿UVW TXDUWHU RI ZDV PLOOLRQ PHWULF WRQV 0W DQ LQFUHDVH RI FRPSDUHG with that of the same period of 2018, according to Jason Willett, crushed stone commodity specialist for the U.S. Geological Survey. USGS STATS The U.S. Census Bureau estimated that construction spend- LQJ GXULQJ $SULO ZDV DW D VHDVRQDOO\ DGMXVWHG DQQX- DO UDWH RI ELOOLRQ QHDUO\ WKH VDPH DV WKH UHYLVHG 0DUFK HVWLPDWH RI ELOOLRQ 7KH$SULO ¿JXUH LV EHORZ WKH$SULO HVWLPDWH RI billion. 7KH 'RGJH 0RPHQWXP ,QGH[ IHOO LQ 0D\ WR (2000=100) from the revised April reading of 142.4. The Mo- mentum Index, issued by Dodge Data & Analytics, is a monthly PHDVXUHRIWKH¿UVWRULQLWLDOUHSRUWIRUQRQUHVLGHQWLDOEXLOGLQJ projects in planning, which have been shown to lead construc- tion spending for nonresidential buildings by a full year. 7RWDO KRXVLQJ VWDUWV SRVWHG D GHFUHDVH LQ 0D\ million units) compared to an upwardly revised April estimate of 1.281 million units, according to the joint data release from the Census Bureau and HUD. Relative to May 2018, total VWDUWVDUHEHORZWKHDQQXDOSDFHRIPLOOLRQXQLWV ECONOMIC INDICATORS ENERGY WTI CRUDE OIL FUTURES PRICE EDUUHOXSIURPZHHN HDUOLHUGRZQIURP\HDUHDUOLHU NATURAL GAS FUTURES PRICE 00%WXGRZQIURP ZHHNHDUOLHUGRZQIURP\HDUHDUOLHU RETAIL GASOLINE PRICE JDO GRZQ IURP ZHHNHDUOLHUGRZQIURP\HDUHDUOLHU RETAIL DIESEL PRICE JDO GRZQ IURP ZHHNHDUOLHUGRZQIURP\HDUHDUOLHU ELECTRICITY $YHUDJH SULFH WR LQGXVWULDO FXVWRPHUV FHQWVNLORZDWW KRXU XS IURP 6.66 cents/kilowatt hour from year earlier. Source: U.S. Energy Information Administration

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