GLG News by Council Members Knowledgeable on Brick Industry

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...

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...

1. Why the sanitizing procedures? 2. Are these US and Europe Port of Calls requirements? 3. USDA?

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.

The recent announcement that HeidelbergCement AG of Germany has agreed to buy Hanson PLC of the UK further demonstrates the acceleration of the consolidation process in the construction materials sector. Furthermore, this deal, valued at $15.8 billion, continues the trend toward mega deals involving...

Now that the Cemex-Rinker deal appears headed for completion with the increased bid by Cemex, it leads one to ponder the future of the consolidation process in the construction materials industry. There is reason to believe that the consolidation process will remain active, but there could be some...

The market is heading for the basement. The market is dead, because of greedy builders. Miami has over 71,000 condos for sale. 3 years ago prices were normal. Greedy builders decided to double the prices and build, build and build. Buyers’ incomes did not go up. So, we have a Bomb in Miami. No one is...

Now that the Cemex-Rinker deal has received U. S. regulatory approval, it appears that the path is clear for bringing finality to the acquisition of Rinker. But the question remians by whom and for how much?

OSB producers are investing in an off cycle time frame which will put increased pressure on pricing.US Housing market trends are not supporting OSB producers investments and the outlook looks like it will continue for another 15 - 18 months before any shift will occur.OSB value added products are niche...

 The drop in builders' reported confidence should come as no surprise.