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As we compiled our annual Buyers’ Guide Issue, complete with new listings and references in admixture, fleet, plant equipment and other categories, one market indicator after another painted construction activity favoring investment in concrete production and delivery. Industry economists and market observers view the first half of 2015 positively, and confirm a moderate to upbeat outlook for at least the next three years.

Federal Trade Commission and Canadian Competition Bureau (CCB) have outlined consent agreements approving the scope or direction of Lafarge North America, Holcim (US) Inc. and Holcim (Canada) Inc. operations following the Lafarge S.A. and Holcim Ltd. merger. The mega-deal is set to close in July as an exchange offer commences this month: 10 Lafarge shares for nine Holcim shares, netting LafargeHolcim.

The first quarter of 2015 proved a lively financial period for public and would-be public heavy building materials operators, who commanded investor attention the world over.

 

Deals in ready mixed concrete and cement production this past month assure 2015 watershed status on an industry timeline. A true market leader in ready mixed rose in metro New York and New Jersey, with commanding presence on both sides of the Hudson River, while an integrated player with strong growth ambitions became only the second U.S. operator set to pick up major cement production and distribution assets from a multinational peer.

The rumbling began late last year among units at Allied Stone and Cordova Dredge, businesses of Illinois aggregate producer Riverstone Group. Members of each petitioned the National Labor Relations Board to conduct elections on maintaining International Union of Operating Engineers Local 150 as their collective bargaining representative.