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Manufacturing, utility, energy sectors temper 2016 construction start figures

Sources: Dodge Data & Analytics, New York; CP staff

Total 2016 construction starts advanced 1 percent to $676.5 billion, a considerably smaller gain than the 11 percent increase reported for 2015, according to Dodge Data & Analytics. If the volatile manufacturing and electric utility/gas plant categories are excluded, last year’s total construction starts would be up 4 percent, depicting a more gradual deceleration relative to the corresponding 9 percent year-over-year increase in 2015.

Read more: Manufacturing, utility, energy sectors temper 2016 construction start figures

Lanxess takes world view of iron oxide pigment production, supply

Sources: Lanxess AG, Cologne, Germany; CP staff

Under a “Trusted partnerships for sustainable growth” theme, the third Lanxess Pigments Symposium took place in Las Vegas as a lead in to the World of Concrete 2017, and provided 100-plus affiliates from around the globe a platform to discuss industry challenges.

Read more: Lanxess takes world view of iron oxide pigment production, supply

Multiemployer Pension law frees union local to cut plan benefits, avert fund insolvency

Sources: U.S. Treasury Department; Iron Workers Local 17, Cleveland; CP staff

The Treasury Department has certified the results of an election in which Iron Workers Local 17 Pension Fund participants approved benefit cuts, effective February 1, to avoid fund insolvency in 2024. Votes were cast 2 to 1 for a plan reducing accrued benefits and eliminating early retirement subsidies plus extra benefit credits.

Read more: Multiemployer Pension law frees union local to cut plan benefits, avert fund insolvency

Union membership rate slides more

Sources: U.S. Bureau of Labor Statistics (BLS); CP staff

The level of wage and salary workers who were members of unions, hence the union membership rate, was 10.7 percent in 2016, down 0.4 percent from 2015. BLS Current Population Survey findings show the number of unionized wage and salary workers declined 240,000 last year, to 14.6 million. BLS cites among other 2016 data highlights:

Read more: Union membership rate slides more

Global cement group spawns concrete twin, responsible sourcing certification

Sources: Cement Sustainability Initiative, Geneva; CP staff

The World Business Council for Sustainable Development’s Cement Sustainability Initiative (CSI), along with partners from the Americas, Europe and Asia, has launched a responsible sourcing certification system for concrete.

Read more: Global cement group spawns concrete twin, responsible sourcing certification