Rock Products

JUL 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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4 • ROCK products • July 2017 What is the economic benefit of having an aggregates operation in the community? Good question, and the answer is something all aggregates producers should know. The Phoenix Center for Advanced Legal and Economic Public Policy just released a study that shows the positive impact of a stone, sand or gravel operation on jobs, tax revenues and other businesses in a community. You need a copy. Immediately. The study – The Economic Impact of the Natural Aggregates Industry: A National, State, and County Analysis – reveals that the aggregates indus- try is a significant contributor to the economic wellbeing of the United States, generating $27 billion in annual sales and employing 100,000 mostly skilled workers. The impacts are felt throughout the broader economy. The industry supports $122 billion in national sales, $32 billion in national earnings (i.e., wages), and between 364,000 and 600,000 jobs across a wide range of occupations and industries. Input-output analysis reveals that each job in the aggregates industry supports an additional 4.87 jobs throughout the economy. These jobs are widely spread across industries and occupations. Each dollar of earnings (i.e., wages) creates another $4.19 of earnings in other sectors, and each dollar of sales in the industry produces another $3.47 of sales in other industries. The effect of the aggregates industry is both large and diverse. Sizable effects on employment and output are found also at the state and county levels. These facts matter. As the National Stone, Sand and Gravel Association notes: Quarries create jobs and opportunity in every community. The economic effects of our industry are stable and long lasting. The Phoenix Center was established in 1998 with a mission to provide independent assessments of the economic and material implications of regulatory and economic policy in the U.S. and abroad. To achieve this goal, the center supports objective, solutions-based academic research unencumbered by political hyperbole, partisanship and ideological agendas. Its work is grounded in fact, law and economic theory. This is an important resource for aggre- gates producers, and everyone should own a copy. It is available for free down- load at Mark S. Kuhar, editor mkuhar@mining - (330) 722 - 4081 Twitter: @editormarkkuhar Editorial Office 11655 Central Parkway, Suite 306 Jacksonville, Florida 32224 U.S.A. Phone: +1.904.721.2925 • Fax: +1.904.721.2930 Mining Media International Corporate Office 8751 East Hampden Avenue, Suite B1 Denver, Colorado 80231 U.S.A. Phone: +1.303.283.0640 • Fax: +1.303.283.0641 Editor, Mark S. Kuhar, Associate Editor, Josephine Smith, Graphic Designer, Michael Florman, President/Publisher, Peter Johnson, U.S. & Canada, Sales, Sean Carr, Kyle Nichol, Scandinavia, UK and European Sales Manager, Colm Barry, / Jeff Draycott, German Sales Manager, Gerd Strasmann, Classified Adver tising: Christin Doran, (317) 802-7118, Project Manager, Tanna Holzer, Production Manager, Dan Fitts, Rock Products, Volume 120 Issue 7, (ISSN 0035 - 7464) is published monthly by Mining Media, Inc., 10 Sedgwick Drive, Englewood, Colorado 80113 (mining - media. com). Periodicals Postage paid at Englewood, CO, and additional mailing offices. Canada Post Publications Mail Agreement No. 40845540. Canada return address: Station A, PO Box 54, Windsor ON N9A 6J5, Email: circulation@mining - Current and back issues and additional resources, including subscription request forms and an editorial calendar, are available at SUBSCRIPTION RATES: Free and controlled circulation to qualified subscribers. Non - qualified persons may subscribe at the following rates: USA and Canada, 1 year, $82.00; 2 year, $139.00. Outside the USA and Canada, 1 year, $134.00; 2 year, $249.00 surface mail (1 year, $191.00; 2 year, $352.00 airmail delivery). For subscriber services or to order single copies, write to Rock Products, 8751 East Hampden Avenue, Suite B1, Denver, CO 80231 USA; call +1 303 - 283 - 0640 (USA) or visit www.mining - SUBSCRIPTIONS: To update or cancel a subscription, email circulation@mining - ARCHIVES AND MICROFORM: This magazine is available for research and retrieval of selected archived articles from leading electronic databases and online search services, including Factiva, LexisNexis, and Proquest. For microform availability, contact ProQuest at 800 - 521 - 0600 or +1 734 - 761 - 4700, or search the Serials in Microform listings at POSTMASTER: Send address changes to Rock Products, PO Box 828 Northbrook, IL 60065-828. REPRINTS: Mining Media Inc, 8751 East Hampden Avenue, Suite B1, Denver, CO 80231 USA. Phone: +1 303 - 283 - 0640, Fax: +1 303 - 283 - 0641, www.mining - PHOTOCOPIES: Authorization to photocopy articles for internal corporate, personal, or instructional use may be obtained from the Copyright Clearance Center (CCC) at +1 978 - 750 - 8400. Obtain further information at EXECUTIVE OFFICE: Mining Media, Inc., 8751 East Hampden Avenue, Suite B1, Denver, CO 80231 USA Phone: +1 303 - 283 - 0640, Fax: +1 303 - 283 - 0641, www. mining - COPYRIGHT 2017: Rock Products ALL RIGHTS RESERVED. What Is Your Economic Benefit?

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