The Madrid-based venture capital and open innovation unit of Cemex S.A.B. de C.V. is accepting through July 2 applications in the seventh Construction Startup Competition, affording participants capital and piloting prospects, plus opportunities for networking and pitching their business models to top industry investors. Themed “Join the Builders of the Future Now,” it invites the most promising value propositions in…
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PRODUCERS – MAY 2020
Dallas-based Eagle Materials Inc. has sold its Mathews Readymix and Western Aggregates operations in northern California to Sacramento producer and contractor Teichert Inc. The Mathews assets include three batch plant locations and 26 trucks; Western Aggregates’ vested-rights-to-mine cover 3,900 acres and span reserves of 900 million-plus tons. The $93.5 million deal anticipates Eagle Materials’ split into two public companies—a cement-centric namesake and wallboard-centered American Gypsum—originally scheduled for the second half of 2020, but subject to a revised timetable based on recent investor guidance.
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