Rock Products

NOV 2012

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

Issue link: https://rock.epubxp.com/i/94280

Contents of this Issue

Navigation

Page 34 of 87

these sectors less certain." Nonbuilding Construction Nonbuilding construction in September soared 67 percent to $197.9 billion (an‐ nual rate). The main lift came from a 335 percent surge for the electric utility and gas plant category, as a $4.8 billion liquefied natural gas plant in Louisiana (the Sabine Pass Liquefaction Project) was included as a September construc‐ tion start. Without this project, the gains for several levels of construction activ‐ ity in September would have been more moderate – electric utilities and gas plants, up 60 percent; nonbuilding con‐ struction, up 19 percent; and total con‐ struction, up 3 percent. Public works construction overall was up 10 percent in September, helped by gains from the environmental public works categories. Water supply con‐ struction increased 48 percent, aided by the start of a $192 million water quality control plant in California. River/harbor development work in September ad‐ vanced 38 percent, while sewers rose 19 percent. The "other public works" category, which includes a diverse set of projects, climbed 35 percent in Septem‐ ber with the lift coming from a $326 million mass transit rail line in Califor‐ nia, a $250 million outdoor sports sta‐ dium for Baylor University in Waco, Texas, and a $220 million petroleum pipeline in Louisiana and Mississippi. On the negative side, highways and bridges settled back in September, falling 1 percent and 24 percent, respec‐ tively. For the first nine months of 2012, highways and bridges together dropped 10 percent compared to last year, in‐ cluding construction start declines for these states – Texas, down 41 percent; Ohio, down 19 percent; and Florida, down 16 percent. Nonresidential Building Nonresidential building, at $139.0 bil‐ lion (annual rate), fell 5 percent in Sep‐ tember, retreating after the 7 percent gain in the previous month. The com‐ mercial categories showed stronger ac‐ tivity relative to August. Warehouse construction advanced 60 percent, with www.rockproducts.com the help of such projects as a $57 mil‐ lion distribution center for Dollar Tree in Windsor, Conn. Hotel construction in‐ creased 37 percent, aided by a $68 mil‐ lion addition to a hotel in Miami, plus two hotel renovations for Westin prop‐ erties in Atlanta ($45 million) and Cleveland ($36 million). Stores and shopping centers, up 11 per‐ cent, included $91 million for the retail portion of the Brickell CitiCentre mixed‐ use project in Miami (with the entire complex having an estimated construc‐ tion start cost of $500 million). Office construction grew 9 percent in Septem‐ ber, and included $43 million for the of‐ fice portion of the Brickell CitiCentre project, as well as corporate office build‐ ings that reached groundbreaking in Canton, Ohio ($42 million); Overland Park, Kan. ($35 million); and Plano, Texas ($32 million). Manufacturing plant construction in September dropped 10 percent compared to August. Residential Building Residential building in September slipped 1 percent to $170.3 billion (an‐ nual rate). Multifamily housing re‐ treated 10 percent after its 43 percent jump in August, which though down for the month still maintains the broader upward trend for this project type. Large multifamily projects that reached groundbreaking in September included $231 million for the condominium por‐ tion of the Brickell CitiCentre project in Miami. There were also two large multi‐ family projects that started in San Fran‐ cisco during September – a $119 million condominium tower and an $82 million apartment building. Single‐family housing maintained its gradual upward movement that's been present throughout much of 2012, growing 2 percent in September. The pace for single family housing in Sep‐ tember was 23 percent higher than what was reported back in January. E visit martin-eng.com call 800.544.2947 email info@martin-eng.com 'RQ·W VDFULÀFH SHUIRUPDQFH IRU SULFH Remove carryback with the MARTIN® PV Cleaner, WKH HFRQRPLFDO EHOW FOHDQHU GHVLJQHG VSHFL¿FDOO\ IRU wet, sticky sand and gravel applications. $ *OREDO &RPSDQ\ 5HJLVWHUHG WUDGHPDUN RI 0DUWLQ (QJLQHHULQJ &RPSDQ\ LQ WKH 86 DQG RWKHU VHOHFW ORFDWLRQV 0DUWLQ (QJLQHHULQJ &RPSDQ\ $GGLWLRQDO LQIRUPDWLRQ FDQ EH REWDLQHG DW ZZZ PDUWLQ HQJ FRP WUDGHPDUNV ROCKproducts • NOVEMBER 2012 33

Articles in this issue

Links on this page

Archives of this issue

view archives of Rock Products - NOV 2012