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OSHA revisits injury, illness recordkeeping requirements

Source: Occupational Safety & Health Administration

A public comment period on an amended OSHA rule, where the agency clarifies an employer’s continuing obligation to make and maintain an accurate record of each recordable injury and illness over a five-year period, runs through September 28. OSHA proposes no new compliance obligations and does not call for any injury or illness records beyond existing requirements.

 

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Historic weather impacts can’t stop Martin Marietta, Vulcan financial trajectories

Sources: Martin Marietta Materials, Raleigh, N.C.; Vulcan Materials Co., Birmingham, Ala.; CP

With stakes in some of the strongest cement, concrete and aggregate markets, two of the industry’s top bellwether operators kicked off August with parallel messages to investors: Even with the negative effect of heavy spring rains on shipments, especially in Texas, first half sales and profits climbed when compared to the first six months of 2014. Upbeat second quarter 2015 earnings reports, plus solid sales, pricing and profit projections, sent Martin Marietta Materials stock toward an all-time high, $170/share, and Vulcan Materials stock to an eight-year high, hovering $96/share.

 

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Martin Marietta dispatches principal TXI California assets to CalPortland

Sources: Taiheiyo Cement Corp., Tokyo; Martin Marietta Materials, Raleigh, N.C.; CP staff

A $420 million asset deal with Martin Marietta, anchored by the former TXI Oro Grande plant, will enable Glendora, Calif.-based CalPortland Co. to replace capacity from its idled Colton mill—about 35 miles south—and strengthen a home state, integrated cement and concrete platform. Coupled with Stockton and San Diego terminals, the plant will contribute to what CalPortland parent Taiheiyo Cement reports is “a steady improvement in sales volume and profit in [the] Group’s U.S. operations.”

Read more: Martin Marietta dispatches principal TXI California assets to CalPortland