Rock Products

SEP 2015

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www.rockproducts.com ROCK products • September 2015 • 53 Custom Built Equipment Whether you're looking to build a new aggregate plant or replace existing components, turn to Lincoln Contracting & Equipment. • Engineering/Detailing • Material Handling/Conveyors • Welding/Fabrication (AISC) • Electrical/Concrete • Turnkey Construction Rely on our 40+ years of experience to deliver quality products at an affordable cost. Call us for a quote today! 814.629.6641 / Fax: 814.629.6588 / Email: hew@lceci.com w w w . l i n c o l n c o n t r a c t i n g . c o m By a bipartisan vote of 65 to 34, the U.S. Senate passed a six- year surface transportation authorization. Passage of the "Developing a Reliable and Innovative Vision for the Econ- omy Act" or the DRIVE Act represents a major step toward completion of a robust highway bill this fall. Co-sponsored by Senators James Inhofe (R-Okla.), Barbara Boxer (D-Calif.), David Vitter (R-La.), and Tom Carper (D-La.), the bill would provide more than $40 billion in revenues to cover shortfalls in the Highway Trust Fund during the first three years of the legislation's six-year authorization. Averting the July 31 expiration of current surface trans- portation authority, the Senate also passed a three-month infrastructure extension that funds road and bridge proj- ects through this year's construction season, and provides more time for Congress to finish work on a multi-year authorization in the coming months. The short-term exten- sion, already approved by the House, awaits the President Obama's signature. "Supporting the nation's infrastructure is one of the basic functions of our government," said James G. Toscas, president and CEO of the Portland Cement Association (PCA). "Years of short-term stopgap measures have left our transportation system in terrible shape. Let's be honest: we won't be happy until this country has a long-term transportation bill with a costs and lower performance in Asia Pacific, Europe and Africa Middle East. Cement volumes should increase in all group regions in 2015 with the exception of Europe and Africa Middle East, accord- ing to the company. On a stand-alone basis and unconnected to the merger with Lafarge, it would have expected like-for- like operating profit adjusted for merger-related cost to be approximately 10 percent below the low end of the initial guidance of $2.8 billion to $3.0 billion in 2015. Following the successful completion of the merger the stand-alone guidance is not relevant anymore as LafargeHolcim results will be impacted by several items including required divest- ments and ramp-up of the synergies. Senate Passes DRIVE Act

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