Delta Tri-Angle 2014-1

2014 | ISSUE 1 FROM THE PRESIDENT… T he first quarter has quickly come to a close as we continue to fine tune our game plan in order to compete during these difficult times. We will make every effort to adhere to our schedules for maintenance and startups for operations. I want to thank everyone at Delta for their effort in 2013. Last year I talked about finding ways to contribute beyond past practices. I am again calling on everyone to embrace the challenge of excelling in a very competitive environment. This year I am asking that everyone assess your level of engagement. (continued on page 4) IN THIS ISSUE PAGE 2 – 3  Safety Initiatives  Arkansas Continues to Lead  Delta Days PAGE 4 – 5  New Sikeston Plant  KPMG Audit  From the President (continued)  Reduce Energy Consumption  Southern Illinois Stone Successful PAGE 6 – 7  Williamsville Stone & Dexter Sand  SEMO Stone  401K  Employee News  Bruno Jinks PAGE 8  Gold Level in Safety  Transportation Day  Birthdays TRANSPORTATION FUNDING President Dwight D. Eisenhower approved the Federal-Aid Highway Act in 1956, which created the Interstate Highway System. An “interstate” is a highway with two or more lanes in each direction and no traffic signals or stop signs. Vehicles enter or leave interstates at various points known as interchange exits. Most exits have ramps, which allow drivers either to accelerate or decelerate. There are approximately 46,722 miles of interstates. We are most interested in the 1,180 miles in Missouri; 2,169 miles in Illinois; 656 miles in Arkansas; and 3,234 miles in Texas. These miles are center line miles, not lane miles. As you know, interstates can be two, four, six, or more lanes wide. Although interstates generally are built and maintained by the states in which they are located, the federal government provides the majority of the money used for construction and maintenance. The federal government also provides funding for non-interstate projects in every state. On average, federal funds provide 52% of annual State DOT capital outlays for highway and bridge projects, according to a recent study by ARTBA (American Road & Transportation Builders Association). Federal highway reimbursements are primarily used for capital outlays, such as construction, right-of-way acquisition, and engineering, but are also used for debt service for GARVEE bonds. The federal government provides 39% of the total funding for Illinois; 47% for Texas; 62% for Arkansas; and 65% for Missouri. As you can see, federal funding is critical to maintaining our entire transportation system, which includes interstates, highways, roads, and bridges. On September 30 of 2014, the federal Moving Ahead for Progress in the 21st Century Act (MAP-21) will expire. This is the current federal funding for transportation infrastructure. Now let’s add to that the impending insolvency of the Highway Trust Fund (HTF) by October of this year. (Some say the HTF could be out of money as early as August.) Its primary source of revenue is the federal motor fuels excise tax. The HTF consists of two separate accounts – highway and mass transit. The highway account receives an allocation equivalent to 15.44 cents of the gasoline tax. The mass transit account receives the revenue generated by 2.86 cents of the tax. This total rate of 18.3 cents per gallon was established in 1993 when gas was $1.09 per gallon at the pump. Today, with gas at $3.25 per gallon, the rate is still 18.3 cents per gallon. It is a flat tax, not linked to inflation. If nothing is done to replenish the funds into the HTF, then there will be no money for new federal-aid projects in 2015. Projects already under contract will continue; however, no new projects will be funded. We do not tell you these things to discourage you. In fact, it is just the opposite! We tell you these things to encourage you to get involved in preserving our transportation infrastructure. We encourage you to contact your U.S. Senators and U.S. Congressmen to tell them how important proper funding is, and to support a robust comprehensive long-term transportation funding solution. ARTBA President Pete Ruane said we should deliver this simple message to our elected leaders: “Congressman… Senator… you represent me and my family in Congress. And my job depends on Congress fixing the Highway Trust Fund before October 1. Please do your job and make sure that happens.” ARTBA’s toll-free “Grassroots Action Hotline” (888-448-2782) offers a direct connection to members of the US House of Representatives and the US Senate. All you have to do is provide your home zip code. If you have questions about how to contact your legislators or what to say, please contact Human Resources at 573-334-5261. Delta Companies Inc. 2014 Newsletter | ISSUE 1 1