Pit & Quarry, January 2011

Roundtable ConfeRenCe FACING THE ISSUES Roundtable participants discussed the economy the highway bill MSHA issues ConExpo Con Agg and more Owing to a large turnout we divided our roundtable event into two sessions in separate rooms Following is a partial transcript for one of those sessions For a complete transcript please visit www pitandquarry com and click on Web Exclusives CONSTANTINO In some parts of the country producers are finally beginning to recover from the recent recession Maybe not as much as wed like to see and now theres talk we may be headed for another dip How are things in your market and for your company HINRICHSEN Where I see the greatest improvement or the continued investment in businesses is in shipping by rail or by water If you can move your markets a long distance relatively cheap Hinrichsen that seems to be where investment is occurring GRAY Companies are manufacturing anything having to do with power generation and natural gas oil fields Wind energy is requiring a significant amount of aggregates Were seeing high activity in those areas KRAUSE For us it depends on the marketplace Certain markets are doing really well right now but mainly because of government Sevin influence roadwork projects special projects Its not what I call sustainable business right now but there are some markets that were running seven days a week 24 days a day right now just trying to keep up with demand SEVIN Are they for sale KRAUSE Everything is for sale CONSTANTINO Mark is that a state bystate thing Does it depend on state budgets KRAUSE Yes state budgets I live in Iowa and its unique in that we have this governors race and the Republican is saying that the highways funds Krause PART 2 PARTICIPANTS John Bennington GreyStone Jim Brown Breaker Technology Inc Darren Constantino Pit Quarry Magazine Michael Duffy Dyno Nobel Rick Everist L G Everist Inc Rob Fuller Power Transmission Solutions Jeff Gray Telsmith Michael Heenan Ogletree Deakins Mike Hinrichsen Caterpillar Mark Krause Lafarge North America Ron Kuehl Polydeck Screen Corp Bill Malone Sandvik Jim Panter Fenner Dunlop George Reddin FMI Irik Sevin VantaCore George Sidney McLanahan Corp Julian Smith Jr Orica USA Kent Starwalt Tennessee Road Builders Assn Bill Warr Thompson Tractor Co Mike Wedding Nugent Sand Co 22 PIT QUARRY January 2011 www pitandquarry com