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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18 • ROCK products • January 2018 Industry Analysis efforts to reform health care and the tax code. It will take a massive concerted effort to move the needle on an immediate and long-term solution to fix our nation's highways, ports and airport, and NSSGA is ready to team with general construc- tion contractors, transportation and trucking associations and highway users to get the job done. "A new MSHA administrator will also bring changes to the industry in 2018," Johnson said. "NSSGA opened discussions with David Zatezalo and his team to push for a culture of encouraging compliance versus the punitive enforcement environment of the last administration." The Public Is On-Board If states and localities are going to be kicking in more money, the public is on board. Voters in 20 states approved more than 80 percent of 215 transportation investment ballot mea- sures on election day, Nov. 7, 2017, mostly at the local level, according to analysis conducted by the American Road & Transportation Builders Association's Transportation Invest - ment Advocacy Center (ARTBA-TIAC). Preliminary results show voters approved 176 of the 215 measures, or 82 percent. Results are still pending in six Michigan localities. The approved measures will support $2.9 billion in new transportation investment revenue and $1.3 billion in continued funding through tax extensions or renewals. The timing of the market impact of these actions is difficult to project as revenue approved will last as long as 25 years. Maine voters approved the only statewide measure – a $105 million transportation infrastructure bond – with 72 percent support. This was the state's fifth successful transportation bond in six years. Voters in Pinal County, Ariz., approved a half-cent sales tax that will total $640 million for highway construction over the next 20 years. In Pinellas County, Fla., a renewal of a 1 cent countywide sales tax will provide a total of $412 mil- lion for road, bridge and trail projects. Voters in Denver also approved a measure to provide a $415.5 million bond to fund road and bridge repairs as part of a larger $937 million bond package that voters signed off on. Georgia voters approved all 12 sales tax measures on the ballot. As part of the state-wide transportation funding increase passed in 2015, legislators included a provision to allow local governments to raise revenue for infrastructure investment through ballot initiatives. The largest number of measures were in Michigan and Ohio – representing more than two-thirds of the initiatives tracked by ARTBA-TIAC. Many of these were smaller prop- erty tax measures to renew local funding for roads, streets and bridges for a five-year period. Voters also approved several other measures earlier in the year, among them a $1.6 billion bond in West Virginia approved Oct. 7 with 73 percent support. Including the most recent results, voters have approved 74 percent of over 1,200 transportation investment ballot mea- sures tracked by ARTBA-TIAC since 2007. New Jersey voters showed their support for transportation funding by reelecting lawmakers who backed the state's 2016 gas tax increase. ARTBA-TIAC tracked New Jersey state legis- lative elections as lawmakers faced voters for the first time since approving the October 2016 state gas tax increase. On Nov. 7, 100 percent of 61 New Jersey lawmakers who voted for the gas tax increase in 2016 and ran for reelection won their seats. The results compare to 97 percent of 36 lawmakers who voted against the gas tax increase and won reelection. The findings corroborate an earlier ARTBA-TIAC report that found voting for a state gas tax increase does not hurt reelection chances. The analysis of more than 2,500 state legislators from 16 states who voted to increase state gas taxes for transportation funding found that 91 percent were returned to office in the next general election. This included 89 percent of Democratic legislators and 95 percent of Republican lawmakers. The reelection rates are similar among lawmakers who voted against raising gas taxes. Aggregates Production While the industry was left waiting for the infrastructure plan, the aggregates industry spent most of 2017 treading water. An estimated 656 million metric tons (Mt) of total

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