Tag: CMI

Says PPI’s Jeff Poe: “You can have a conveyor track perfectly in the center for years, and then all of a sudden it will want to track to the left or the right.” Photo: P&Q Staff

How producers are performing at the end of the third quarter

September 25, 2023By George Reddin, Rob Mineo and Evan Coughlin

FMI Capital Advisors leaders write that the producing companies in their Construction Materials Index continue to outperform the general market. The gap, however, has narrowed.

What’s driving CMI companies’ successes

August 16, 2023By Marie Emerick and Kevin Yanik

George Reddin and Rob Mineo of FMI Capital Advisors say price increases among companies in the Construction Materials Index are part of what is leading that group to outperform overall market growth.

The catalysts boosting construction materials firms right now

July 17, 2023By George Reddin, Rob Mineo and Evan Coughlin

FMI Capital Advisors leaders detail how construction materials companies are finding ways to outperform the general market of late.

Over the past 75 days, FMI Capital Advisors’ Construction Materials Index (CMI)* has outperformed the “general market” by more than 15 percent.

How construction materials firms are faring versus the ‘general market’

June 5, 2023By George Reddin, Rob Mineo and Evan Coughlin

FMI Capital Advisors’ Construction Materials Index illustrates how the industry has been on a good run over the last two and a half months.

Riprap and boulders represent about 15 percent of Albert Frei & Sons’ revenue, yet only 2 percent of its volume, President Albert Frei Jr. says. Photo by Kevin Yanik

Momentum still on the industry’s side

April 25, 2022By George Reddin and Rob Mineo

Although inflation, rising interest rates and the supply chain present serious issues, plenty of runway remains for construction materials producers to grow.

Photo: MichaelUtech/iStock / Getty Images Plus/Getty Images

Market Insights: Is now the right time to sell?

June 3, 2021By George Reddin

With a robust residential market, an increasing likelihood of an infrastructure bill and buyers signaling their desire to grow, the answer might be yes.

Divestitures are sometimes required to complete a deal involving crushed stone, sand and gravel operations. Photo: iStock.com/peuceta

The latest merger & acquisition influencers

November 25, 2019By George Reddin and Scott Duncan

While the economic fundamentals are favorable, FMI’s George Reddin and Scott Duncan explain why buyers of construction materials firms remain rather selective.

Excessive rainfall in several regions provided for a number of challenging days for aggregate operations in 2018. Photo by Joe McCarthy.

Reasons to feel good about the industry in 2019

April 8, 2019By PQ Staff

2018 pressures remain for the construction materials industry, but FMI’s George Reddin gives producers several reasons to be optimistic about 2019.

2019: The ‘show me’ year

February 22, 2019By Scott Duncan, George Reddin and Alexis Korczynski

Despite adverse weather and interest rate hikes in the second half of 2018, several early 2019 signs point to a positive year ahead, write FMI Corp.’s George Reddin and Scott Duncan.