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Archive for June, 2007

So. Calif. Emissions Rules Could Boost New Truck Sales

Thursday, June 28th, 2007

A push for lower emissions from heavy-duty trucks, coupled with grants from state and localities in order to meet Southern California’s air-quality standards, are prompting interest in and sales of new trucks in the region, the Long Beach Press-Telegram reported Monday.

Granite Construction Awarded $37 Million Texas Freeway Project

Thursday, June 28th, 2007

WATSONVILLE, Calif., PRNewswire-FirstCall via COMTEX News Network/ — Granite Construction Incorporated (NYSE: GVA) announced today that Granite Construction Company, a wholly owned subsidiary, has been awarded a $37 million contract by the Texas Department of Transportation for the construction of a freeway in Lubbock, Texas.

High Construction Materials Inflation Continues in May

Thursday, June 28th, 2007

The current round of construction materials inflation (as set out in the Producer Price Index series of the U.S. Bureau of Labor Statistics) continued in May 2007 with the index up 0.8%, the fourth consecutive increase after nine months of no change. Cement, plywood, plastics and steel all posted outsized increases. Prices for all of these products are quite sensitive to demand change.

First Dash 8 low emission short-tail excavator

Tuesday, June 26th, 2007

Komatsu?s PC138US-8 has an operating weight of 13.48t to 13.85t (depending on configuration) and is powered by a Komatsu ecot3 Tier III- compliant SAA4D95LE-5 diesel rated at 68.4 kW.

Arch Coal Sells Appalachian Mine to Alpha Natural Resources

Tuesday, June 26th, 2007

Arch Coal, Inc. today announced the divestiture of its Mingo Logan subsidiary’s Ben Creek Complex in West Virginia to Cobra Natural Resources, LLC, a subsidiary of Alpha Natural Resources. Upon closing of the transaction, which is expected to occur at the end of June 2007, Arch Coal will receive cash of approximately $40 million in exchange for Mingo Logan’s mining operations, ancillary equipment and 9.2 million tons of reported coal reserves as of December 31, 2006.