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Asphalt industry improving product, facing funding issues.

Publication: Mississippi Business Journal
Publication Date: 29-NOV-04 		Format: Online - approximately 834 words
Delivery: Immediate Online Access
Full Article Title: Asphalt industry improving product, facing funding issues.(Mississippi. Department of Transportation )

Article Excerpt
There are several issues facing the asphalt pavement industry, but the executive directors of two state construction associations say the biggest one is the decrease in road projects by the Mississippi Department of Transportation (MDOT). Both attribute this decrease to MDOT funding that's being diverted to the state's general fund.

"It's terrible and has made a tremendous impact," said Tone Garrett. executive director of the Mississippi Asphalt Pavement Association. "Some companies have already started the layoff process and those who are finishing work this fall have nothing on the books for next spring."

He feels the portion of the gasoline tax that's earmarked for road construction is equitable, one of the few users tax that's fair to everyone. For this reason, state government has...

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