Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/562664
The Aggregates Industry Outlook score rose slightly in August, up 0.73 percent from July's rating of 129.05. Lower energy costs were a primary driver for positive responses from some producers. Concerns about long-term transportation funding, however, continue to cast an element of uncertainty for many. Comments: The lack of a long term, properly funded transportation bill has created uncertainty in our state and local highway programs. They are unable to commit to their intended plans without federal funds in place. — Bill Schmitz, Vice President, Quality Control and Sales, Gernatt Asphalt Products, Inc. Here in Colorado, we experienced an unusually wet spring breaking all time record rainfall amounts in May, which softened numbers in Q2, but have rebounded nicely, and the rest of the year looks to be at or above projections. — Grant Smith, Production Manager, Transit Mix Concrete Co. The economy is improving at a slow pace, with expectations that it will continue. Declining energy costs are helping in various sectors. The possibility of rising interest rates at the Fed may moderate this growth, but not stop it. — Rick Gerroll, Sales Executive, County Materials Corp. While fuel/oil pricing is low, I see the aggregate market staying positive. However, a drastic increase in fuel/oil pricing could stop it in its tracks. — Karen Hubacz-Kiley, Chief Operating Offi cer, Bond Construction Corp. Weather has impacted year-to-date volume, creating a pent up demand for the remaining period and next spring. — Damian Murphy, Executive Vice President and Central Regional President, Summit Materials 7 AGGREGATES MANAGER September 2015 0 30 60 90 120 150 July August Raw score: 129.05 Raw score: 130.00