SFA and Itasca, Ill., broker Gallagher Construction Services have launched a comprehensive underwriting program that provides steel framing users as much as 50 percent discounts on a range of insurance products
Hanson Paver has purchased the stock of Navastone, a concrete paver and segmental retaining wall unit supplier with Cambridge, Ont., and Cement City, Mich., operations, plus Morris, Ill., and York, Pa., distribution yards
In its 2007 Construction Outlook Midyear Update, McGraw-Hill reports that new construction is pacing $641.4 billion, or 6 percent below the 2006 level; single family housing activity remains in decline, with renewed expansion not expected until 2008 at the earliest; the dollar value in institutional buildings is on pace for a 7 percent gain, owing to public building and education and healthcare facility work; and, commercial office work continues to rise
PCA's current forecast notes that cement consumption, burdened by the housing market's hard correction, has weakened in 2007 and is trending toward a 4.4 percent drop against 2006 levels, but rebounding with a 2.2 percent gain next year
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