M&A Activity, Public Company Performance Improves
Capstone’s January 2021 Rock Products Update reports construction activity has demonstrated resilience amid substantial COVID-induced headwinds, providing enhanced visibility for upstream aggregates providers. Following a 12% increase in construction starts in October led by the Nonbuilding segment, November activity modestly fell 2%, according to Dodge Data & Analytics. However, industry optimism has been supported by the steady recovery in the Nonresidential sector, which registered a 19% increase in starts, buoyed by a 27% rise in the Commercial sector.
Included in the report:
- Public company valuations have largely impacted the demand for the construction industry
- See if Capstone’s Aggregates Materials Index has recovered from early pandemic headwinds
- M&A activity has been largely affected by public companies
- How does Aggregates production has relate from earlier in the year
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