Eagle directors take page from TXI, Trinity, Grace, Heidelberg

Pointed exchanges between Eagle Materials management and a major shareholder culminated late last month with a proposed split of the Dallas producer’s Light and Heavy Materials businesses. The latter encompasses Fairborn Cement Co., Illinois Cement Co., Central Plains Cement Co., Mountain Cement Co., Nevada Cement Co., and Texas-Lehigh Cement; GGBF slag cement processor and supplier Skyway Cement; plus, integrated concrete and aggregates operations in Texas, Kansas City and northern California.

Read More

Trinity aggregates spinoff hits ground running with $315M ACG deal

An early-November spinoff of assets outside core Rail and Railcar Leasing and Management Services businesses under Dallas-based Trinity Industries Inc. spawned Arcosa Inc., a 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 More

Aggregates-loaded Arcosa leaves Trinity Industries station

Sources: 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 More

DriveCam event recorders, coaching protocol steer TXI fleet costs south

DriveCam-V

A 2011-13 portfolio shift solidifying integrated cement and concrete positions has seen TXI expand its mixer fleet and ready mix production capacity nearly 50 percent—growing an existing market footprint more than any producer this decade. The shift has involved asset exchanges with home state peers Trinity Industries and Cemex USA, netting Dallas-based TXI an additional 250-plus mixers and tanker or dump tractors, all serving 40-plus plants across central and east Texas.

Read More