FMI whitepaper offers insights on executive pay
Management consulting and investment banking firm FMI released a whitepaper on executive pay trends that is available as a free download here. The whitepaper, authored by Mike Rose, offers a few key...
View Article2014 construction put in place to end on high note
According to FMI’s Q4 Construction Outlook, total construction put in place (CPIP) for 2014 will be $62 billion greater than last year, which is a 7 percent increase. The outlook also reports that CPIP...
View ArticleIndustry leaders offer highway bill insights
At Pit & Quarry‘s 2014 Roundtable & Conference, industry leaders came together to discuss industry issues and propose solutions to them. Check out this video to see some of their opinions on...
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Economics pulse: Construction materials update
Last year proved to be a year of mixed results for the construction materials sector. Production volumes increased in 2014, but not at the pace that many expected. Sales increased but profit margins...
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FMI warns shortage in trade workers may slow construction
After surveying members of the Construction Personnel Executive Group, FMI reported a craft labor shortage might slow construction. The survey determined that 24 percent of the survey respondents will...
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FMI predicts 8 percent construction growth in 2015
FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The...
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FMI Corp. Banking and Management Consulting
Founded in 1953, FMI is a leading investment banking and management consulting firm to the engineering and construction industry. FMI delivers innovative, customized solutions to contractors,...
View ArticleFMI report indicates growth in nonresidential construction
According to FMI’s Q2 2015 Nonresidential Construction Index Report (NRCI), the nonresidential construction sector has grown at a solid pace the past 18 months despite rising costs of construction...
View ArticleFirm scales back 2015 construction outlook
Construction activities are expected to grow at 5 percent this year, FMI Corp. reports, leveling off from a previous forecast of 8 percent that the firm produced. Although the new prediction is...
View ArticleFMI forecast revised to incorporate more potential growth
Construction activities are forecasted to grow at 6 percent through 2015, up from a second-quarter forecast of 5 percent, according to the latest FMI construction outlook. Construction growth is not...
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Economics pulse: Construction materials update
The Construction Materials sector has had an eventful 2015 marked by major transactions and the sector’s first initial public offering in over 15 years. Volumes continue to move up modestly as the...
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2015/16 State of the Industry
The potential for a long-term highway bill could have U.S. quarries busy in coming years. This year has delivered big developments for the aggregates industry, and 2016 promises even more. The biggest...
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Pit & Quarry Roundtable draws nearly 50
George Reddin of FMI Capital Advisors Inc. delivers a presentation. The Pit & Quarry Roundtable & Conference took place Jan. 12-14 in Fort Lauderdale, Fla., uniting aggregate producers,...
View ArticleP&Q Roundtable 2016: The state of the aggregates industry
With the FAST Act and recent megadeals of 2015 in mind, industry professionals, including FMI’s George Reddin and Polydeck Screen Corp.’s Joe Teague, reflect on the current state of the aggregates...
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Industry stock prices up slightly this month
Most of the publicly traded aggregate-producer stocks have climbed slightly in the past month. Most notably, Eagle Materials (EXP) is up nearly 14 percent since this time in August. Overall,...
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Mid-year construction materials review
If the first-half of 2017 for the construction materials industry can be summed up in a word, it’s “uncertainty.” Financial performance and economic conditions continue to improve, but stock prices...
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Highlights from the Pit & Quarry Roundtable & Conference
From left: Alleyton Resource’s Brian Hollrah, ACG Materials’ Scott Alexander and Anderson Columbia’s Dan Johnson participated in a panel discussion with Pit & Quarry‘s Kevin Yanik. Photo by Allison...
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AGG1, NSSGA Annual Convention on the horizon
The Pit & Quarry staff is headed to Houston in a few short weeks for AGG1, the NSSGA Annual Convention, the Pit & Quarry Hall of Fame Induction Ceremony and more. Photo by Katie Haugland Bowen...
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Construction materials developments to expect in 2018
Expect at least one billion-dollar-plus transaction to go down in the industry in 2018. Photo: iSstock.com/Cecilie_Arcurs The construction market had an exceptional year in 2017, with construction put...
View ArticleFMI: Favorable roads lie ahead
At first blush, the first quarter of 2018 was a poor one for construction materials firms. FMI’s Construction Materials Index (CMI) declined in the first quarter by more than 13 percent, making it the...
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