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Vulcan Sells Ready-Mixed Plants to Thomas Concrete

Vulcan Materials Co. sold eight operational ready-mixed concrete plants, and 13 that are currently idle or in standby mode, to Thomas Concrete Group. The plants are located in Georgia. 

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Granite Construction Acquires LiquiForce

Granite Construction Inc. has acquired LiquiForce, a privately-owned company which serves public and private sector water and wastewater customers in both Canada and the United States.

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Construction Spending Predicted to Rise; Highways to Remain Flat

According to FMI's First Quarter Construction Outlook Report, total engineering and construction spending for the United States is forecast to be 7 percent in 2018, compared to up 4 percent in 2017. Spending growth in 2018 is forecast to be led by residential and select nonresidential segments.

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Housing Starts Rise 1.9 Percent

Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from HUD and the Commerce Department.

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Federal Memorandum Further Streamlines Permitting Process

On April 9, federal agency heads signed the One Federal Decision Memorandum of Understanding (MOU) which will further implement the administration's executive order to streamline the federal permitting process for major infrastructure projects.

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