Posts Tagged ‘construction materials’

Construction materials prices show some volatility

WASHINGTON — Construction materials prices expanded just 0.1 percent in December and are up 1.3 percent year over year, according to a Jan. 15 Producer Price Index released by the Department of Labor. Nonresidential construction materials prices also rose only 0.1 percent for the month and are 1 percent higher than the same time one […] [...]

MMC Materials fueling trucks with natural gas

The Ridgeland-based Ready Mix Concrete and construction materials provider announced last week the successful conversion of a dozen mixer trucks at its 220 Plant location in Jackson to burn natural gas. “The primary reason we decided to convert the trucks to natural gas was environmental,” said Stanley Mangum, MMC Central Region vice president. “But, we […] [...]

Construction materials prices remain flat

It seems nothing is predictable in the construction industry these days. Trends and numbers do not always add up for builders who are slogging through one of the biggest construction turndowns in decades. That is certainly the case with current construction materials prices. According to a report from the Associated Builders and Contractors, which cited […] [...]

Settlement reached in tainted Chinese drywall case

NEW ORLEANS — A settlement outlined yesterday between a major manufacturer of Chinese-made drywall and homebuilders who used the tainted product in Florida, Texas, Louisiana and Mississippi could affect anywhere from 800 to 1,500 homes, attorneys said. Lawyers called it a significant step toward resolving problems with some 10,000 buildings blamed on the drywall. Plaintiffs’ […] [...]

Could homeowners lose insurance due to Chinese drywall?

MIAMI — Mississippi homeowners who are the victims of defective Chinese drywall may want to keep a close eye on events in Florida. An attorney for homeowners who bought properties with tainted Chinese drywall says Florida’s public insurance company has again reversed course, saying it will suspend policies for those individuals. David Durkee says his […] [...]

Manufacturer settles Chinese drywall cases

PLAQUEMINE, La. — Knauf Plasterboard Tianjin Co., Ltd., one of the companies responsible for manufacturing defective Chinese drywall, has agreed to settle two Louisiana cases set to go to trial today in U.S. District Court Judge Eldon E. Fallon’s courtroom in New Orleans. Plaintiffs, Paul and Celeste Clement and John Campbell, own homes that contain […] [...]

Senators’ concerns over imported drywall rise

WASHINGTON — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) are pressing the U.S. Fire Administration (USFA) to establish a public information campaign to alert homeowners to the potential fire hazards posed by corrosive drywall imported from China. Cochran and Wicker are among six Senators who today asked the USFA, an agency within the […] [...]

Lawmakers want protection from imported drywall

Sen. Thad Cochran (R.Miss.) and Roger Wicker (R-Miss.) have joined in asking the federal government to help protect Mississippi consumers from companies and individuals offering questionable solutions for contaminated drywall imported from China. In a letter to Federal Trade Commission (FTC) chairman Jon Leibowitz, the Mississippi senators joined in formally asking the FTC to investigate […] [...]

Cost of construction materials is on the rise again

by Published: November 16,2009

Tags: construction materials

After almost a year of stabilizing, the cost of construction materials is on the rise.  Again. Though the price of building commodities had seen a steady decline in 2009, construction economists are predicting that prices are expected to expand nearly six percent in 2010. Ken Simonson, chief economist with the Associated General Contractors of America, […] [...]

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