Sunrock ventures north in St Marys/VCNA quarry deal

Sources: Sunrock Group, Raleigh, N.C.; CP staff

North Carolina’s Sunrock Group, a key independent ready mixed, aggregate and asphalt producer, has chartered a satellite entity with the acquisition of an Ontario quarry from Votorantim Cimentos’ North American flagship business, St Marys Cement/Canada Building Materials. The Burnt River site encompasses 1,400 acres of high quality aggregate reserves and will operate under Sunrock Canada Construction Materials. 

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Cherry deal makes Arcosa recycled and lightweight aggregate top gun

Sources: Arcosa Inc., Dallas; CP staff

Expanded shale and clay lightweight aggregate leader Arcosa is poised to become the top player in recycled concrete material through a $296 million deal for Cherry Industries Inc., whose unique platform of mines and processing facilities spans the Houston metro area. In addition to transportation, commercial and industrial building, plus housing markets, Cherry provides concrete demolition services, primarily to secure raw material for recycled aggregates. Its 12 locations will join Arcosa’s 19 active aggregate and specialty materials locations in the Lone Star State.

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Lawmakers recognize aggregates’ pivotal role in DOT supply chains

Sources: National Stone, Sand & Gravel Association, Alexandria, Va.; Office of U.S. Representative Greg Stanton; CP staff

U.S. Representatives Greg Stanton (D-AZ-09) and Troy Balderson (R-OH-12) have introduced the Rebuilding Our Communities by Keeping aggregates Sustainable (ROCKS) Act bill, citing its potential “to foster local access to stone, sand and gravel essential to construction and public works projects.” The legislation calls for the Secretary of Transportation to establish a working group of federal, state, tribal and local stakeholders to study the use of aggregates and recommend policies ensuring continued access to such materials. 

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Texas producers ride population wave with a nod to valued team members

Sources: Texas Aggregates and Concrete Association, Austin; CP staff

The Texas Aggregates & Concrete Association has launched a campaign to build awareness of the aggregates, concrete, cement and associated industries, while spotlighting employees who make production and delivery possible. #WeRTexas factors population growth of approximately 1,400 people per day and these material figures 10 years out, as measured against present annual shipment levels: 15 million to 50 million more tons of aggregate; 3 million to 10 million more yards of ready mixed; and, 1 million to 3 million more tons of cement. 

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Aggregates-loaded Arcosa leaves Trinity Industries station

Sources: Trinity Industries Inc., Dallas; CP staff

A spinoff of assets outside Trinity Industries core Rail and Railcar Leasing and Management Services businesses has created Arcosa Inc., a separate New York Stock Exchange-traded company reporting 2017 sales of $1.5 billion across three groups: Construction Products, with 11 sand & gravel (Texas, Louisiana) and eight expanded shale and clay (Alabama, Arkansas, California, Colorado, Indiana, Kentucky, Louisiana, Texas) plants, plus Energy Equipment and Transportation. 

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Summit Materials enters lightweight aggregate through Buildex

Sources: Summit Materials Inc., Denver; CP staff

Summit Materials recently closed on Buildex Inc., Ottawa, Kan.-based proprietor of the Haydite brand of expanded shale lightweight aggregate. One of four businesses added during second quarter transactions totaling $75 million, Buildex spans two plants and 750,000 cubic yards’ capacity, and is strategic to sister cement, ready mixed, aggregate and asphalt operations in Great Plains and Intermountain states. Companion June-July deals brought Summit quarry and asphalt production assets in Olathe, Kan., plus Virginia and Texas aggregates producers Buckingham Slate and XIT. 

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Chryso’s Parker earns top ASTM C09 honor

Source: ASTM International, West Conshohocken, Pa.

ASTM Committee C09 on Concrete and Concrete Aggregates presented its top annual recognition, Award of Merit and accompanying Fellow title, to Chryso Inc. Sales & Marketing Manager Steven Parker. The award reflects dedicated service to the committee, particularly in administrative leadership roles and contributions to developing and improving standards for aggregates, ready mixed and finished concrete.

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Martin Marietta to shed two quarries, consummating Bluegrass Materials deal

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff

Martin Marietta has closed on Bluegrass Materials Co. in a $1.65-billion cash transaction, underscoring an aggregates portfolio addition of 125-plus years of high-quality reserves across Georgia, South Carolina, Maryland, Kentucky and Tennessee. Management projects annual savings from synergies of assimilated operations, including 23 active sites, upward of $15 million.

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LafargeHolcim looks downstream of core business in Strategy 2022

Sources: LafargeHolcim Ltd., Zurich; CP staff

Coupled with the release of 2017 financials showing moderate year-over-year sales and EBITDA (earnings before interest, taxes, depreciation and amortization) gains, LafargeHolcim outlined a five-year plan to drive profitable growth and simplify the business to deliver resilient returns and attractive value to stakeholders. Strategy 2022 – Building for Growth targets annual net sales growth of 3 to 5 percent and recurring EBITDA of at least 5 percent, and is based on four value drivers:

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