Sources: U.S. Silica Holdings, Katy, Texas Construction and industrial minerals specialist U.S. Silica Holdings has named Jay Moreau as executive vice president and chief operating officer, succeeding the retiring Mike Winkler in the latter role. Moreau served as Holcim US Aggregates and Construction Materials chief executive officer from February 2019 to January 2023. That appointment followed 22 years at Martin…
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California cement plant deal spotlights feds’ misdirected market concentration concerns
by Don Marsh Through direct action or implication of costly, prolonged legal measures, the Federal Trade Commission has helped quell a second cement plant sale in as many years. In 2021, the agency challenged the proposed sale of Giant Cement Holdings’ Keystone Cement mill in Bath, Pa. to Heidelberg Materials, then operating as Lehigh Hanson Inc. FTC officials cited concerns…
Read MoreK.H. Watson Jr. anchors Baker Concrete leadership transition
Sources: Baker Construction Enterprises, Ft. Lauderdale, Fla.; CP staff Baker Construction Enterprises, the largest and best-performing commercial concrete contractor in the U.S., has named Karl H. Watson Jr., as chief executive officer. He succeeds Brad Wucherpfennig, who transitions to the role of BCE Board of Advisors chairman. Concurrently, Dan T. Baker has been named president. “In developing this transition plan,…
Read MoreHolcim, Martin Marietta veteran Allen named Terra CO2 COO
Sources: Terra CO2 Technology, Golden, Colo.; CP staff Supplementary cementitious material process developer Terra CO2 Technology has appointed Chance Allen as chief operating officer, ahead of an early-2024 groundbreaking on a charter production facility for the company’s flagship offering, OPUS SCM. Allen arrives after a nearly four-year tour as HolcimUS regional head, Western United States and 20-plus years in Martin…
Read MoreCement, concrete producers stay in front of proposed climate rule
Environmental Protection Agency reporting measures and market mechanisms like the U.S. Green Building Council LEED rating system could position publicly traded portland cement, concrete and aggregate producers for seamless compliance with a proposed U.S. Securities and Exchange Commission rule on greenhouse gas (GHG) emissions and global warming risk disclosures. The subject of a public comment period closing this month, the…
Read MoreWell Governed
A visit with 2022 NRMCA Chairman John Holliday The National Ready Mixed Concrete Association annual convention in San Antonio this month will build on momentum from the fall 2021 ConcreteWorks Conference and Expo, the group’s first major in-person gathering in 18 months. Incoming Chairman John F. Holliday, chief executive officer and third generation principal of Holliday Rock Co., is set…
Read MoreCement, concrete producers outpace SEC rule requirements
Sources: U.S. Securities and Exchange Commission; CP staff Environmental Protection Agency reporting measures and market mechanisms like the U.S. Green Building Council LEED rating system could position publicly traded portland cement and concrete producers for seamless compliance with a proposed Securities and Exchange Commission rule on greenhouse gas (GHG) emissions and global warming risk disclosures. Dubbed “Enhancement and Standardization of…
Read MoreMartin Marietta deal guides CalPortland to production points north
Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials has entered a definitive agreement to sell CalPortland Co. a group of California assets for $250 million: Redding cement plant and related distribution terminals plus 14 ready mixed concrete sites. Martin Marietta acquired the former Lehigh Hanson West Region properties in 2021 and signaled their likely sale in…
Read MoreSolid market conditions amplify Texas producers’ return to normal
Speakers at the 67th annual Texas Aggregates & Concrete Association meeting, staged last month in San Antonio, offered 450-plus attendees a sampling of production, economic and demographic data well worth the price of admission.
Read MoreMartin Marietta charts Pacific course in Lehigh Hanson West deal
Flush in investor confidence and financial leverage fueled by a stock price in record territory, Martin Marietta Materials 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…
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