How key construction markets are shaping for 2023
What does the road ahead look like for public and private construction? FMI Capital Advisors’ George Reddin and Rob Mineo offer perspective. Featured photo: P&Q Staff VDG is the leading...
View ArticleWhat’s happening with IIJA dollars right now
FMI Capital Advisors’ George Reddin and Rob Mineo share their observations and expectations for the rollout of Infrastructure Investment & Jobs Act (IIJA) funds. Featured photo: P&Q Staff VDG...
View ArticleHow ESG is taking hold of the construction materials industry
FMI Capital Advisors’ George Reddin and Rob Mineo share how environmental, social and governance (ESG) initiatives are becoming a bigger part of public producer businesses, as well as how private...
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Coping with uncertainty among construction materials
An effective rollout of Infrastructure Investment & Jobs Act funds will have an effect on construction materials demand in 2023 and beyond. Photo: P&Q Staff FMI Capital Advisors’ George Reddin...
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Pit & Quarry Roundtable now a month away
The Pit & Quarry Roundtable & Conference returns next month, and aggregate producers interested in attending the annual event still have time to apply. The Roundtable, scheduled for Jan. 24-25...
View ArticleHow construction materials M&A is shaping for 2023
FMI Capital Advisors’ George Reddin and Rob Mineo detail how buyers are becoming more selective when hunting for the right merger and acquisition (M&A). Featured photo: P&Q Staff VDG is the...
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Plenty to keep tabs on within the aggregate industry
Yanik Somehow, 2022 is already halfway over. Fortunately, the first six months of the year were productive ones for aggregate producers. Operations were busy, with producers putting plenty of materials...
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Photo gallery: 2023 Pit & Quarry Roundtable & Conference
George Reddin, managing director of FMI Capital Advisors, delivered his annual construction materials market outlook for Roundtable attendees. Photo: P&Q Staff From left: The winning foursome...
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P&Q Roundtable a wrap in Miami
The 2023 Pit & Quarry Roundtable & Conference was held at The Biltmore in Coral Gables, Florida. Photo: P&Q Staff Aggregate producers, equipment suppliers and others gathered this week at...
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How construction materials producers are situated for 2023
The production of crushed stone, sand and gravel in the fourth quarter showed signs of softening, according to FMI Capital Advisors. Photo: Diatrezor/iStock / Getty Images Plus/Getty Images The 2022...
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How construction materials firms are faring versus the ‘general market’
Over the past 75 days, FMI Capital Advisors’ Construction Materials Index (CMI)* has outperformed the “general market” by more than 15 percent. This could be due to many factors, potentially centering...
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The catalysts boosting construction materials firms right now
FMI’s Construction Materials Index (CMI), which tracks the stock performance of 18 publicly traded construction materials companies, continued its strong run into July. Compared to last month’s update,...
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Making sense of construction materials right now
Coughlin Mineo Reddin By the end of August, there is normally a clear sense for how full-year performance is going to look for both the general economy and the construction materials industry. 2023,...
View ArticleFMI leaders discuss the flow of IIJA funds
FMI Capital Advisors’ Rob Mineo and George Reddin offer an update on Infrastructure Investment & Jobs Act (IIJA) funding, what held up their flow and what the market can expect in 2024. Featured...
View ArticleHow residential, nonresidential construction is faring
FMI Capital Advisors’ George Reddin and Rob Mineo characterize what’s been happening in these key construction markets. Featured photo: P&Q Staff Related: FMI leaders discuss the flow of IIJA...
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How producers are performing at the end of the third quarter
In our latest review, we see that the Construction Materials Index (CMI) continues to outperform the major indices – although the gap has normalized and slightly narrowed. Investors have likely priced...
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The factors aiding recent construction materials acquisitions
Heading into the final weeks of 2023, we see the market performance for construction materials firms continue to shine, outpacing the general indices by a significant margin. FMI’s Construction...
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P&Q Roundtable a hit at PGA National Resort
The 2024 Pit & Quarry Roundtable & Conference took place at PGA National Resort in Palm Beach Gardens, Florida. Photo: P&Q Staff Aggregate producers, equipment suppliers and others gathered...
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How construction materials firms fared in the first quarter
As the first quarter comes to a close, share prices for construction materials companies continue to outperform the broader markets. Factors such as pricing momentum, IIJA projects coming online and...
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What’s driving the industry’s growth
Although aggregate volumes are down of late, construction materials firms continue to make gains behind methodical adjustments in pricing. Photo: P&Q Staff Throughout the first few months of 2024,...
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