Jul 28 2010

Global shortage of cement slows Georgia’s building frenzy.

Published by admin at 10:58 pm under Uncategorized

Global shortage of cement slows Georgia’s building frenzy.

Knight Ridder/Tribune Business News, July, 2004

By Leon Stafford, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News

Jul. 8–Georgia’s red-hot residential building boom, stoked for the past three years by low mortgage rates, could find trouble at its very foundation: cement.

A worldwide shortage of the powder used to make such concrete items as slabs, driveways and swimming pools is slowing the frenzied pace for some home builders and contractors, industry leaders say.

Orders for concrete, usually available in two to three days, are now taking as many as eight to 10 days — a crucial delay for an industry that already yields to weather and contractor schedules
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