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Construction materials prices decline

The price of construction materials declined in June by 0.9 percent following three months of increases. This is according to the July 15 producer price index report by the U.S. Department of Labor. The Associated Builders and Contractors are also ...

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ON Semiconductor to buy Japan firm

Phoenix-based ON Semiconductor Corp. announced plans July 15 to acquire Sanyo Electric Co.’s semiconductor business in a cash-and-stock deal valued at $366 million, according to the Arizona Republic. It would be ON’s eighth and second-largest acquisition since the former Motorola ...

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