News

Martin Marietta purchasing Bluegrass Materials

June 26, 2017By

Bluegrass, one of the largest privately-held aggregate producers in the United States, is being acquired for $1.625 billion.

Martin Marietta’s Lloyd to retire; successor named

June 23, 2017By

Anne Lloyd, executive vice president and CFO of the company, announced plans to retire. James Nickolas, formerly of Caterpillar, will succeed her at Martin Marietta.

US-flag shipping on Great Lakes nearly identical to 2016

June 22, 2017By

U.S.-flag Great Lakes freighters moved 9.5 million tons of cargo on the Great Lakes in May, which is a virtual repeat of one year ago.

May 2017 construction starts increase 1 percent

June 21, 2017By

New construction starts in May increased 1 percent from April to a seasonally adjusted annual rate of $651.2 billion, reports Dodge Data & Analytics.

Mississippi Lime Co. acquires hydrated lime business

June 20, 2017By

Mississippi Lime Co. acquired Mercer Lime Co.’s hydrated lime business. Terms of the transaction were not disclosed.

Caterpillar invests in financial forecasting technology company

June 20, 2017By

According to Caterpillar, Alight’s software has modules that are designed specifically for several industries, including the mining industry.

Caterpillar implements leadership, company changes

June 19, 2017By

As a result of three vice presidents retiring, Caterpillar has made a number of leadership changes and appointments.

Caterpillar to construct Arizona division headquarters

June 15, 2017By

Caterpillar plans to open a headquarters for its surface mining and technologies division in Arizona.