The 28th Ready Mixed Concrete Delivery Professional Driver of the Year program recognizes three industry veterans from a pool of outstanding team players. The National Ready Mixed Concrete Association Safety, Environmental and Operations Committee tasked a panel of judges to weigh nominees’ competence, driving skills, professionalism, safety records, and colleague or customer testimonials. The NRMCA Truck Mixer Manufacturers Bureau will…
Read MoreSources: Chaney Enterprises, Gambrills, Md.; CP staff Already one of the East Coast’s fastest growing concrete operators, Chaney Enterprises will nearly double its production footprint by acquiring Burlington, N.C.-based Chandler Concrete Co. Inc. The latter operates 44 ready mixed and three block plants, plus one building supply store in North Carolina, Tennessee, Virginia and West Virginia. They align with Chaney…
Read MoreSources: Breedon Group Plc, Derby, United Kingdom; CP staff London Stock Exchange-traded aggregate, cement, concrete and masonry producer Breedon Group plans an early-March closing of a $300 million deal for St. Louis-based BMC Enterprises Inc. The transaction affords the suitor a North American market platform with 44 ready mixed concrete and five precast plants, plus five crushed stone and seven…
Read MoreAt levels just under 100 percent, Summit Materials Inc. shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based Cementos Argos S.A., paving the path for a mid-January merger of Summit Materials and Argos North America Corp. Valued at $3.2 billion, the merger creates the fourth-largest U.S. cement producer—behind Holcim US, Heidelberg Materials and Ash Grove—and significantly…
Read MoreSources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Days after unloading its integrated Texas cement and ready mixed concrete operations in a $2.1 billion cash transaction with CRH Americas Materials, Martin Marietta Materials has entered a definitive agreement to acquire 20 crushed stone and sand & gravel plants from Blue Water Industries LLC, Jacksonville, Fla. The $2.05 billion transaction…
Read MoreSources: National Ready Mixed Concrete Association, Alexandria, Va.; CP staff The National Ready Mixed Concrete Association has named Richard Fulda of North Dakota-based Dickinson Ready Mix as the 2024 Ready Mixed Concrete Delivery Professional Driver of the Year. A panel of industry judges selected him from a near record number of NRMCA producer member-nominated candidates. Judges recognize Fulda for his…
Read MoreWell-structured quotes based on customer behavior will help control variable costs and boost cash flow and earnings. A company often calculates its earnings before interest, taxes, depreciation and amortization (EBITDA) to measure financial health. Stripping out “nonoperational” expenses provides a clearer picture of your company’s ability to generate cash flow for its owners and for judging operational performance. The primary…
Read MoreSources: SRM Concrete LLC, Murfreesboro, Tenn.; CP staff SRM Concrete has emerged as Texas’ largest ready mixed producer after a deal for 82 plants and 11 volumetric mixer loading sites from Vulcan Materials Co., which inherited the bulk of the properties in its 2021 U.S. Concrete Inc. takeover. The transaction is the parties’ second of the year, which opened with…
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Group customers by their technology and service needs to become the supplier of choice. Worldwide, the production of ready mixed concrete is fundamentally the same. A plant in Dallas operates similar to plants in Dubai, Dublin and even Tanzania’s Dar es Salaam. The needs of customers, however, can be radically different—and that’s without taking into account their unique geographies. In…
Read MoreOctober is Careers in Construction Month, and an excellent opportunity to build your workforce by introducing women to the concrete industry (and concrete tech jobs). Hedy Lamarr, best known as a beautiful actress during Hollywood’s Golden Age, was a brilliant thinker. She co-invented a frequency-hopping system used to prevent Axis powers from jamming torpedoes during World War II, which later…
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