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.
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.
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:
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.
Sources: Concrete Industry Management (CIM) National Steering Committee; CP staff
The National Steering Committee reports a near-record $875,000 in gross proceeds from the 2017 CIM auction, staged January 18 at the Las Vegas Convention Center, amid the World of Concrete show. Liquid Stone Concrete, Burleson, Texas, was the winning bidder for the signature item: a Mack Granite Axle Forward-mounted McNeilus 11-yd. Bridgemaster.