Sources: Chryso Group, Issy-les-Moulineaux, France; CP staff
The parent company of Texas-based Chryso Inc. has announced a range of admixture products and lab support services enabling concrete producers the option of using sands with low or high fines content, swelling clay deposits, or less than optimal shape.
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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.
Read MoreSources: 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.
Read MoreSources: 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.
Read MoreSource: 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.
Read MoreSources: 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.
Read MoreSources: 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:
Read MoreSources: CRH Plc, Dublin; CP staff
In nearly 40 years of North American market development, CRH has announced the boldest move yet for its Oldcastle Inc. enterprise: a $3.5 billion acquisition of Ash Grove Cement Co., Overland Park, Kan. Projected to close later this year, the deal brings integrated or stand-alone sites from the Great Plains to the Pacific Northwest: eight cement, 52 ready mixed concrete and nine packaged dry mix plants, along with 20 limestone quarries and 23 sand & gravel operations.
Read MoreSources: Vulcan Materials Co., Birmingham, Ala.; Polaris Materials Corp., Vancouver, B.C.; CP staff
Vulcan Materials has strengthened its supply chain for California concrete customers through a friendly takeover of Toronto Stock Exchange-traded Polaris Materials, which operates a sand & gravel plant and deep water port on Vancouver Island plus five distribution yards in the San Francisco Bay area and Los Angeles markets.
Read MoreSources: Martin Marietta Materials, Inc., Raleigh, N.C.; CP staff
Martin Marietta anticipates a fourth quarter closing on Bluegrass Materials Co., billed as the largest privately held aggregates producer in the U.S., with 23 active sites across Georgia, Kentucky, Maryland, South Carolina and Tennessee. The $1.6 billion deal follows by four and two months, respectively, announcement of two other major transactions anchored on Southeast aggregates riches: CRH/Oldcastle Materials’ acquisition of Indiana-based Mulzer Crushed Stone Inc. (Indiana, Kentucky and West Virginia sites) and Vulcan Materials’ acquisition of Aggregates USA (Florida, Georgia, South Carolina, Tennessee and Virginia sites).
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