Sullivan: March Data Weakens; Outlook Hinges on One Factor

Recent economic data reflected a modest economic weakening of conditions in the context of elevated inflation, according to Construction Materials Economist Ed Sullivan. Consumer spending increased – but at a rate less than expected. As a result, inventories rose – sending a signal that future production may come in light. GDP for the fourth quarter was revised down from 0.7%…

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New SESCO Cement Terminal Features 100,000 Tons of Capacity

SESCO Cement Terminal

SESCO Cement celebrated the opening of its new cement import terminal located on Port Redwing at Port Tampa Bay, officially marking the company’s commitment to the Florida construction industry and the Tampa Bay region. The ribbon cutting ceremony, held at 6035 Diana Toledo Almeida Road in Gibsonton, was attended by company leadership, state officials and construction and maritime industry representatives.…

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Fortera Builds Out Finance Leadership 

Albert Luu

As the company transitions from proven technology to commercial deployment, cement manufacturer Fortera has appointed Albert Luu as chief financial officer (CFO) and transitioned Scott Healy into the newly created role of chief origination officer.  The moves support Fortera’s transition into its next phase of growth, centered on commercial-scale deployment and customer adoption with additional financing and fundraising expertise. “Fortera is at a stage where the…

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CBMI Construction Joins the World Cement Association 

The World Cement Association (WCA) announced that CBMI Construction Co. Ltd. has joined the association as an associate corporate member. CMBI is a global service provider of green and low-carbon solutions for the cement and building materials industry. Established in 1959, the company has more than 65 years of experience delivering engineering excellence, technological innovation and integrated project solutions worldwide.…

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alcemy Joins the World Cement Association 

alcemy

The World Cement Association (WCA) welcomed alcemy as its newest Associate Corporate Member, strengthening the Association’s growing network of technology leaders driving efficiency and sustainability across the cement and concrete industry. alcemy is at the forefront of applying artificial intelligence to one of the sector’s core challenges: ensuring consistent product quality while reducing clinker content. In an industry where variability…

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Cemex, Port Tampa Bay Complete $36M Terminal Expansion 

Cemex US and Port Tampa Bay, joined by Tampa Mayor Jane Castor, celebrated the opening of the newly expanded Cemex Aggregate Terminal at Port Tampa Bay.  The expansion, supported by a $29 million Cemex investment and a $7 million Florida Department of Transportation grant, significantly increases the terminal’s capacity to receive, store and distribute the aggregates used in concrete, asphalt…

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