Pit & Quarry, March 2015

INDUSTRY SNAPSHOT P Q AGGREGATES INDUSTRY INDEX APR 12 MAY JUN JUL AUG SEP OCT NOV DEC JAN 13 FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN 14 March 282 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 300 250 200 150 The P Q Aggregates Industry Index takes a five point dip this month JAN 15 FEB MAR Source Pit Quarry MSHA discrimination complaints reach record high The U S Department of Labors Mine Safety and Health Administration MSHA filed 49 discrimination complaints last year more than any other year MSHA reports The complaints filed with the Federal Mine Safety and Health Review Commission involved allegations of discrimination made by miners in the form of a discharge suspensions or other adverse action MSHA says In addition MSHA filed 45 complains in 2014 requesting temporary reinstatement of miners Thats the second highest number ever filed According to the Federal Mine Safety and Health Act of 1977 a miner cannot be discharged discriminated against or interfered with in the exercise of statutory rights because he or she engaged in a protected activity such as filing a complaint alleging a health or safety violation or refusing to work under unsafe or unhealthy conditions MSHA reported an increased number of complaints after increasing educational efforts More than 300 attend OSSGA safety seminar The Ontario Stone Sand Gravel Association OSSGA held its annual Operations Health Safety Seminar in Toronto In addition to a variety of educational sessions the event featured a supplier expo and guest speakers Thirty two vendors filled the exhibit hall to discuss their products and services and 320 people attended the twoday The guest speaker for the associations awards luncheon was Carl Dixon of the Canadian second day included a keynote speech by Clint Malarchuk a former National Hockey League goalie who now tours as a motivational working safely with jaw crushers tires blasting equipment and electricity Monthly Construction Contract Value Seasonally Adjusted Annual Rates in Millions band The Guess Who The events speaker Seminar topics included Dec 2014 Nov 2014 Change event Nonresidential Building 196595 256867 23 Residential Building 247263 239200 3 Nonbuilding Construction 124293 181571 32 Total Construction 568151 677638 16 Source Dodge Data Analytics FIRST OF MONTH OPENING FEB JAN Cemex CX 896 1022 CRH Oldcastle CRH 2519 2395 Eagle Materials EXP 7200 7688 Granite Construction GVA 3424 3832 Martin Marietta Materials MLM 10871 11163 U S Concrete USCR 2530 3019 U S Lime Minerals USLM 6944 7380 Vulcan Materials Co VMC 7117 6639 Source Yahoo Finance Above U S Concrete experienced a 162 percent decline from January to February Below Nonresidential building experienced a 17 percent year over year improvement according to Dodge Data Analytics Residential building also experienced gains while nonbuilding construction slipped 6 percent Year to Date Construction Contract Value Unadjusted Totals in Millions 12 mo 2014 12 mo 2013 Change Nonresidential Building 208218 177362 17 Residential Building 227820 210325 8 Nonbuilding Construction 139230 148755 6 Total Construction 575268 536442 7 Source Dodge Data Analytics 10 PIT QUARRY March 2015 www pitandquarry com