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US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...

Who is building near you?

ANSTEY. P/17/1647/2 Applicant Mr & Mrs Watson. 139 Cropston Road Anstey Leicestershire LE7 7BR . Erection of conservatory to rear of dwelling. P/17/1525/2 Applicant Mr J H Whait. 88 Bradgate Road Anstey Leicestershire LE7 7FB . Remove 1 Sycamore tree and 2 Fir trees ( Tree Preservation Order ). P/17/1477/2 Applicant Mr & Mrs Allan. 343 Link Road Anstey Leicestershire LE7 7ED . Discharge of conditions 3 and 4 of P/17/0871/2 - Landscaping. BARROW-UPON-SOAR. P/17/1652/2 Applicant Mr and Mrs Coyne. 14 Holbourne Close Barrow On Soar Loughborough Leicestershire LE12 8NE . Formation of first floor balcony with new doors to side of dwelling. P/17/1617/2 Applicant Mr Pole. The Old Vicarage 1 Church Street Barrow Upon Soar Leicestershire LE12 8HP . Crown reduction to 1 horse chestnut tree (T1) by upto 4m. ( Conservation Area Notice ). BIRSTALL. P/17/1595/2 Applicant Mr Paul Morris. 68 Park Road Birstall Leicestershire LE4 3AW . Erection of 2 storey extension to rear of d...

Gurner Launches $600m 'FV' Development Amid Concerns of an Apartment Oversupply

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After two-and-a-half years of construction, Gurner has officially unveiled the first two towers of its $ 600 million Brisbane development . The launch of FV comes a week after BIS Economics forecast high - rise apartment construction will halve over the next three years. In its residential property forecast 2017 -2020 report, BIS indicated that the resurgence in prices in the current financial year is likely to be short-lived as a looming oversupply of apartments in our major cities will dampen price growth . Gurner rebuffed claims that the local market was oversupplied, “With so much pressure on house prices in Australia, Brisbane provides an incredibly affordable option for first home buyers and owners. Brisbane is 50% more affordable than Melbourne and 60-70% [more affordable] than Sydney – it is now something people just cannot ignore.” Notwithstanding concerns of an oversupply or weakening markets, Gurner has sold all apartments of the FV development , “People have been saying...

Housing or industry? In this DC neighborhood, it’s a tough choice. – Greater Greater Washington

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The proposed Eckington Park development . Image by Foulger-Pratt. A planned new development in Eckington faces opposition on an unlikely front: its request to change the current industrial zoning to build a mixed-use residential building. Amending the zoning would keep with nearby developments, but begs the question of where Washington DC  should preserve its limited industrial land , and how much it should save. The planned Eckington Park development is located at the northwestern corner of the empty lot at the corner of R Street and Harry Thomas Way NE next to the Metropolitan Branch Trail . This is the same lot where, on the southern half of the site, the NoMa Parks Foundation plans to build its new large park. Map showing Foulger-Pratt's proposed Eckington Park development and the new large NoMa park . Image by Foulger-Pratt. Developer Foulger-Pratt is seeking an amendment from the DC Zoning Commission to change the zoning of the site from PDR-2 and PDR-4, which allows li...