GLG News by Building Materials Industry Experts

Loss of the 34 hour reset hurts trucking operations that deliver to weather dependent industries, ( road paving, public works, etc…) by not allowing them to catch up.

Europe’s rail operating philosophy can be easily adapted to increased freight trains, but they will have to make major investments in additional infrastructure in order to make this happen

Why do we constantly look for new fuel to produce electricity? New technology is not the answer!

The Portland Cement Association (PCA) has recently published a new article with a pessimistic view of the housing situation. It is becoming more likely that 2007 and 2008 construction activity is going to suffer despite relative strength in non residential and public works construction. Construction...

Can the international auditing community accept the Yukos situation? What does the PWC withdrawal really mean for international reporting standards? Is Putin and his political machine going to be allowed to interfere with independent auditors?

The Portland Cement Association (PCA) is now suggesting a dimmer outlook for construction activity and cement consumption than previously forecast. Cement demand in 2007 had been forecast by the PCA to decline only 1.5%, but is now suggesting a drop of 3%-4% as the more likely scenario. Could this be...

Did backdating options have an effect on the share price? Can a plaintiff link the motive for back dating options to inflating the share price at the time of the action? Is the judge's sting analogy valid?

The extra demand for construction materials created by Katrina may also be diminishing, as manufacturers bring on the extra capacity they needed in the aftermath. Imported materials were able to gain a foothold in some parts of the low end market for construction materials, as prices of bulk commodities...

USG is cutting labor.  What else are they doing that the rest of the industry will be following?

It isn’t clear the extent to which the housing slump was factored into the assessments of the recent pending transactions involving construction materials companies. It is clear, however, that the industry is experiencing significant declines in sales volumes from the housing downturn.