FOR IMMEDIATE RELEASE:
ARTC Asphalt Plant Sold…
Abington, PA (04/16) – The ARTC Asphalt plant in Douglassville, GA has been sold. CMI enjoyed a long term relationship with the plant, marketing their BURA throughout the Southeast. CMI also had an equity position in the facility and did our best to help them through a difficult period.
FOR IMMEDIATE RELEASE:
EG Roofing Nail Listing Change - Update 2…
Abington, PA (03/16) – Last week we had received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. This is a follow up to our previous letters dated March 15, 2016 and March 23, 2016 regarding Dade County nail listings. I have again included a copy of the Dade memo for your review.
FOR IMMEDIATE RELEASE:
EG Roofing Nail Listing Change - Update…
Abington, PA (03/16) – Last week we had received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. This is a follow up to our previous letter dated March 15, 2016 regarding Dade County nail listings. I have again included a copy of the Dade memo for your review.
FOR IMMEDIATE RELEASE:
EG Roofing Nail Listing Change…
Abington, PA (03/16) – Today we received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. I have included a copy of the memo for your review. The memo indicates that there has been some third party testing conducted of randomly selected samples from distribution locations that include some approved by Miami Dade County and some that were not. These samples were tested for corrosion pursuant to TAS 114. The results of the testing showed none of the samples tested from suppliers to the market passed the test. All products shipped into south Florida were not tested so we are working with the officials in Metro Dade to participate in an action plan to provide certainty to our customers that materials supplied by Continental Materials meet the requirements of TAS 114 Appendix E.
FOR IMMEDIATE RELEASE:
Steel Cost Effect on Nail Pricing…
Abington, PA (03/16) – There have been some very recent spikes in steel prices in China since the end of the Lunar New Year period. While this is being caused by a confluence of factors the simple reality is that most steel production in China is government controlled, and the prices have been at unsustainable low levels for some time. Steel prices have been at a twenty year low.