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Cemex To Exercise Ready Mix Usa Buyout Option

Cemex has announced a September 2011 target to acquire its partner’s stake in two joint ventures with Ready Mix USA. A methodology for determining the buyout value brings the deal to an estimated $360 million, plus assumption of approximately $17 million in net debt

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Summit Materials Adds Con-Agg, Altaview To Missouri, Utah Platforms

This year’s most active U.S. construction materials deal maker, Summit has added ready mixed and aggregate properties in markets where it only recently staked claim, closing on Con-Agg of MO, LLC in Columbia, Mo., and Altaview Concrete Inc. in Sandy, Utah

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Hdpe Pipe Failure Spawns Costly Texas Fish Hatchery Drainage Replacement

The John D. Parker East Texas Fish Hatchery, scheduled for an early-2011 stocking, is the latest major instance of high-density polyethylene pipe failure. Sections of 60-in. and 48-in. diameter corrugated HDPE drainage structure collapsed under 10 to 17 ft. of earth fill, and an 11,000-ft. stretch of the flexible pipe was determined

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