Tag: state of the industry

Insights from the 2023 Pit & Quarry Roundtable

January 26, 2023By Marie Emerick

Aggregate producers and equipment suppliers reflect on what excites them about the state of the aggregate industry.

After a successful 2022, industry stakeholders are optimistic that, given the right conditions, 2023 with be another bountiful year. Photo: P&Q Staff

Aggregate industry stakeholders hopeful for 2023

December 13, 2022By P&Q Staff

Aggregate producers, equipment manufacturers, dealers and state association heads are mostly optimistic heading into the new year.

Legislative, regulatory developments to expect in 2023

December 11, 2022By Michael W. Johnson

Michael Johnson of the National Stone, Sand & Gravel Association explains what’s on the agenda come January when the next Congress gets underway.

Kimball Equipment’s Kirk Rainbolt says deep equipment and parts inventories are critical in order to alleviate long lead times and fuel growth. Photo: Kimball Equipment

Why 2023 can be another good year for the industry

December 8, 2022By Kirk Rainbolt

Kimball Equipment’s Kirk Rainbolt reflects on where the aggregate industry is at this moment in time while providing an optimistic outlook for the year ahead.

Some producers are turning to overland conveyors to minimize their hauling operations. Photo: P&Q Staff

Producers turning to tech as solution to labor shortage

December 6, 2022By Greg Donecker

Kemper Equipment’s Greg Donecker offers an industry reflection for 2022 while outlining trends that emerged over the past 12 months.

John Scepaniak says his company saw a bigger push this year for aggregates that were sustainably sourced. Photo: P&Q Staff

Scepaniak: Expect a return to normalcy in 2023

December 5, 2022By John Scepaniak

Wm. D. Scepaniak’s John Scepaniak reflects on the year that was in the aggregate industry while sharing his expectations for 2023.

Companies can prepare for a tougher economic environment in 2023 by tracking cash flow closely, investing selectively and hiring prudently. Photo: AUDINDesign/iStock / Getty Images Plus/Getty Images

Clouds gathering, turbulence growing for 2023

December 2, 2022By Phillip M. Perry

Less robust activity in housing, retail and manufacturing will put downward pressure on growth and contribute to a deceleration in profits.

In its latest quarterly report on aggregates, the U.S. Geological Survey says aggregate production was up 3 percent in the third quarter. Photo: P&Q Staff

Assessing the aggregate industry as 2022 nears finish line

November 29, 2022By Kevin Yanik

Aggregate producers were once again resilient in 2022, but their ability to adapt has been on full display this year.

Says The Frazier Quarry’s Kevin Baker: “We really try to focus on our cost per ton and our cost per hour with all of our folks and try to make our decisions around those types of metrics.” Photo: The Frazier Quarry

What dynamics are driving construction materials right now

October 25, 2022By Kevin Yanik

FMI Capital Advisors’ George Reddin and Rob Mineo offer reflections on the construction materials market while previewing what’s expected for the remainder of 2022 and 2023.