Sources: Argos North America, Alpharetta, Ga.; Summit Materials Inc., Denver; CP staff Colombia-based Cementos Argos has entered a definitive agreement with Summit Materials Inc. under which Argos North America Corp. will combine with Summit in a cash and stock transaction. It calls for Cementos Argos to receive approximately $1.2 billion in cash and 54.7 million shares—or 31 percent—of Summit stock,…
Read MoreTag: Argos USA
Producers – December 2022
Former GCP Applied Technologies President and CEO Simon Bates has taken the helm of Argos USA, succeeding the retiring Regional Vice President – USA Bill Wagner. He arrives with 33 years of experience, much of it in building materials, including a C-suite tenure with Oldcastle Infrastructure ahead of the GCP appointment in 2017. Bates is credited with executing GCP’s successful…
Read MoreGCP Applied Technologies chief Bates to lead Argos USA
Sources: Grupo Argos, Medellin, Colombia; CP staff Former GCP Applied Technologies President and CEO Simon Bates takes the helm of Argos USA on November 1, succeeding the retiring Regional Vice President – USA Bill Wagner. He arrives with 33 years of experience, much of it in building materials. Bates is credited with executing GCP’s successful transformation to increase profitability and…
Read MoreMartin Marietta, Argos, Charley’s deals close SRM Concrete’s robust Q1
Sources: Smyrna Ready Mix Concrete LLC, Murfreesboro, Tenn.; CP staff SRM Concrete opened the second quarter confirming the acquisition of 67 ready mixed plants in five states. The largest of four transactions announced April 1 netted 37 central Texas, Colorado and Wyoming sites from Martin Marietta Materials, which had indicated an asset sale agreement with SRM Concrete in mid-March. SRM…
Read MoreOrganizations – January 2022
The Interlocking Concrete Pavement Institute has announced new show management for Hardscape North America 2022. Yoffe Exposition Services will work with the ICPI team to produce the annual tradeshow, which is set for October 19-21 at the Kentucky Exposition Center in Louisville, and co-located with GIE+EXPO. According to ICPI Executive Director Charles McGrath, Yoffe Expo is a natural fit for…
Read MoreORGANIZATIONS – FEBRUARY 2021
The Portland Cement Association has named 2020 John P. Gleason Jr., Leadership Awards recipients, each recognized for efforts in advancing industry programs and initiatives in three categories:
Read MoreArgos USA, liability heir, cooperates in feds’ concrete price-fixing investigation
Sources: U.S. Department of Justice Antitrust Division; CP staff Argos USA has entered a deferred prosecution agreement (DPA) resolving a DOJ Antitrust Division charge of conspiring to fix prices, rig bids and allocate sales for ready mixed concrete in Savannah and neighboring markets under U.S. District Court for the Southern District of Georgia jurisdiction.
Read MoreORGANIZATIONS – SEPTEMBER 2018
ORGANIZATIONS – AUGUST 2018
The American Society for Concrete Contractors will hold its 17th annual conference September 20-23 at the Sheraton Charlotte Hotel, Charlotte, N.C. Concrete contractors, manufacturers, designers and other industry professionals will gather for three days of educational events and networking.
Read MoreArgos USA channels carbon dioxide in cement kiln, ready mixed loop
Atlanta-based Argos USA has anchored a five-member consortium targeting a closed loop model of carbon dioxide capture and recycling in cement and concrete production. In an early-2018 demonstration, the company used CO2 from its Calera, Ala., cement plant in commercial concrete produced at its Glenwood, Ga., batch plant. That Atlanta-area ready mixed operation is among nearly 100 sites, primarily in the U.S., equipped with CarbonCure Technologies CO2 storage and injection devices. The CarbonCure process uses the greenhouse gas to promote cement hydration in high to zero slump concrete.
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