Sources: Burnco Rock Products Ltd., Calgary; CP staff Burnco Rock Products has appointed Tom Zais as chief executive officer, responsible for ready mixed concrete and aggregate businesses in Alberta, Colorado and Texas. He arrives from Martin Marietta Materials, where he served as Texas-based regional vice president – Ready Mix. That position followed vice president and general manager roles with Texas…
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Fred Weber sites puts New Frontier Materials on the map
Sources: New Frontier Materials, St. Louis, Mo.; CP staff Missouri heavy/civil construction operator Fred Weber Inc. has sold its aggregates and asphalt assets to New Frontier Materials, a private entity launched in 2020 with individual and institutional investor backing.
Read MoreTexas producers take stock of state’s enviable market outlook
Sources: Texas Aggregates & Concrete Association, Austin; CP staff Speakers at the 67th annual Texas Aggregates & Concrete Association meeting offered 450-plus attendees a sampling of production, economic and demographic data well worth the price of admission.
Read MoreEagle Materials earns last laugh on Monday morning quarterback
Two years ago we saw Dallas-based Eagle Materials Inc., slightly reeling from a fracking sand production play, heed an activist investor’s proposal for a Light Materials (wallboard, paperboard) and Heavy Materials (cement, aggregates, concrete) business split. The action had the aura of an opportunistic New Yorker swaggering into Texas to shed light on running a construction materials business. Eagle Materials…
Read MoreMartin Marietta blazes Pacific trail in Lehigh Hanson West deal
Sources: Martin Marietta Materials, Raleigh, N.C.; HeidelbergCement AG, Germany; CP staff Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson West Region operations in Arizona, California, Nevada and Oregon. Anchoring the asset package are the Lehigh Cement Redding and Tehachapi, Calif. plants, with combined annual capacity upward of…
Read MoreNew Enterprise enters Pennsylvania capital market in Hempt Bros. deal
Sources: New Enterprise Stone & Lime Co., New Enterprise, Pa.; CP staff New Enterprise Stone & Lime has acquired all the outstanding stock of Harrisburg, Pa.-based Hempt Bros. Inc., which operates two ready mixed concrete, three aggregate and four hot mix asphalt plants, plus a heavy civil construction business. The facilities are ideally situated between the suitor’s Chambersburg and Allentown…
Read MoreKnife River closes on the assets of Wyoming’s McMurry Ready-Mix
Sources: MDU Resources Group, Bismarck, N.D.; CP staff Knife River Corp. has expanded its Intermountain Region footprint by acquiring the assets of McMurry Ready-Mix Co., a concrete and aggregates supplier based in Casper, Wyo. A McMurry concrete plant on the city’s west side will serve as a satellite to a Knife River ready mixed site on the east side. With…
Read MoreSunrock 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.
Read MoreCherry 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.
Read MoreLawmakers 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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