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FMCSA grants mixer drivers two-year exemption from hours of service break rule

Sources: National Ready Mixed Concrete Association, Silver Spring, Md.

After 18-plus months of discussion between NRMCA representatives, federal lawmakers and agency staff, the Federal Motor Carrier Safety Administration is exempting concrete mixer truck drivers from the 30-minute break requirement in the current hours of service (HOS) guidelines. NRMCA Chairman Allen Hamblen (CalPortland) credits association members and staff for efforts leading to “much needed regulatory relief for the industry.”

Read more: FMCSA grants mixer drivers two-year exemption from hours of service break rule

SEFA Group adds 350,000 tons’ capacity of C618-grade fly ash

Sources: SEFA Group, Columbia, S.C.; CP staff

A coal ash beneficiation facility at the Santee Cooper Winyah Generation Station in Georgetown, S.C., has entered commercial operation, joining two other SEFA Group sites equipped with the proprietary Staged Turbulent Air Reactor (STAR) processing technology.

Read more: SEFA Group adds 350,000 tons’ capacity of C618-grade fly ash

Capital structure likely dooms major Canadian precaster in its current form

Sources: Armtec Infrastructure Inc. Concord, Ontario; CP staff

Toronto Stock Exchange-traded Armtec Infrastructure reports $474 million in 2014 revenue, up $18 million or 4 percent from the prior year, with Precast Concrete Solutions and Drainage Solutions business units accounting for $313 million and $161 million, respectively. The moderate financial performance is cited against the bleak backdrop of a challenging capital structure; significant debt levels; restrictive debt covenants; and, a nearly $47 million decline in market enterprise value during the fourth quarter of 2014.

Read more: Capital structure likely dooms major Canadian precaster in its current form