Mining Media International Acquires Rock Products and Concrete Products from Penton
Leading mining trade publisher adds construction industry publishing veterans
Mark S. Kuhar and Don Marsh to its editorial team
DENVER(Nov. 11, 2010) — Mining Media International, the only publishing company in the U.S. dedicated to the global mining industry, concluded a deal to purchase Rock Products, Cement Americas, Concrete Products and other ancillary properties from Penton Media.
Rock Products has been the aggregate industry’s leading source of information since 1896. Its experienced staff and allied publications promote operational efficiencies, management solutions and innovative technologies to help producers strengthen their bottom line. With more than 22,000 readers, quarries, cement plants and sand and gravel operations rely on Rock Products for equipment-related information and in-depth analysis on the aggregates market.
Concrete Products serves ready mixed and manufactured-concrete producers. The magazine reports on material and equipment technology, along with legislative, regulatory and economic developments shaping the major construction market segments – residential and non-residential building, plus non-building (transportation and environmental infrastructure). Concrete Products, with more than 18,000 readers, is the oldest commercial title in publication in that field.
The recent economic recession and a downturn in construction markets have had an impact on both the aggregates and concrete industries, however, Mining Media International sees long-term potential. “The mining and construction business is very cyclic in nature,” said Peter K. Johnson, president and owner, Mining Media International. “Growth will return to the aggregate and construction markets. We plan to invest in these products, and have a proven track record when it comes to restoring and managing trade journals for extractive industries.”
In 2003, Johnson acquired Engineering & Mining Journal (E&MJ) and Coal Age, and formed Mining Media International.
Mining Media International appointed Mark S. Kuhar, who served as editor of Pit & Quarry for more than a decade, to reshape the editorial direction of Rock Products and Cement Americas. Kuhar, who has also developed media products in areas as diverse as occupational health and safety, healthcare management, real estate settlement services and property appraisal, looks forward to the challenge of taking Rock Products to the next level.
“This move by Mining Media International is the right choice at the right time,” Kuhar said. “No doubt, the recession has had an impact on the aggregates business, but the industry will still produce about 2 billion metric tons of product in 2010. Mining Media International, with its sole focus on the mining and construction-materials industries, is well positioned to give Rock Products much-needed energy and investment, which these days is a commitment that other publishing companies simply refuse to make. We plan to reconnect with our readers; and provide active reporting from the field, critical information on equipment and technology, and data producers can use to improve safety and operational efficiency.”
Concrete Products Editor Don Marsh will also join the Mining Media International team, continuing in a position he has held for 17 years. “Business remains challenging for all producers as the industry begins a moderate rebound from a historic trough in 2009,” Marsh said. “The commitment Mining Media has expressed with this transaction enables Concrete Products to continue serving readers while the principal barometer of their business, annual cement consumption, climbs from the current 75- to 80-million-ton level to the 125- to 130-million-ton of the 2005-06 peaks.” Annual ready mixed concrete output for 2010 is expected to be 260 million yd3 down from a pre-recession peak of 440-450 million yd3.
Mining Media International will soon release updated media kits for both titles. The company also plans to make more announcements leading up to World of Concrete and CONEXPO-CON/AGG 2011, the industry’s largest trade event, held in March of next year.
Mining Media International is the publisher of mining trade journals E&MJ, Coal Age, The ASIA Miner, Equipo Minero, as well as custom foreign addition and related directories. The company also produces trade shows and conferences, such as Longwall USA and Haulage & Loading. For more information: www.mining-media.com.