The Australian parent company of Georgia-based Boral North America has begun a review of Boral Resources to explore “value creation opportunities.” With 120-plus fly ash collection, processing or distribution sites across the U.S., the business accounted for about $470 million of Boral North America’s $1.56 billion in FY2020 sales.
Read MoreTag: U.S. Concrete Inc
PRODUCERS – DECEMBER 2020
U.S. Concrete Inc. has closed on the assets of Sugar City Building Materials Co. in San Francisco’s East Bay area, adding two ready mixed concrete sites, two concrete recycling systems plus a retail store to its San Jose-based Central Concrete Supply Co. flagship. The deal extends the producer’s Westside Concrete Materials network to six locations and northern California ready mixed…
Read MorePRODUCERS – 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.
Read MorePRODUCERS – MAY 2019
With 30-plus ready mixed plants in Mississippi, Alabama, Louisiana and Tennessee, Jackson, Miss.-based Delta Industries has outlined a transition plan for retiring President and Chief Executive Officer Dave Robison, naming as his successor Executive Vice President and Chief Operating Officer J. Thomas Evans, Jr. Robison has been with Delta for 47 years, 25 at the helm, and chaired the National Ready Mixed Concrete Association in 2012. Evans has held his present roles for 25 years as well; his responsibilities are being split with the appointment of Lance Bonner as executive vice president and chief financial officer, and Lester Howell as senior vice president and chief operating officer.
Read MorePRODUCERS – JUNE 2018
Denver-based Summit Materials recently closed bolt-on transactions for Day Concrete of Ardmore, Okla., and Superior Ready-Mix of Somerset, Ky. The producers are strategic to platform businesses, RK Hall Construction and Hinkle Contracting, serving the respective market areas of north Texas, Oklahoma and Arkansas, plus Kentucky.
Read MorePRODUCERS – OCTOBER 2015
Alex Car has officially assumed president and chief executive officer posts at Essroc Cement Corp., Nazareth, Pa., responsible for operations in the U.S., Canada and Puerto Rico. Predecessor Francesco Carantani is transitioning to new duties within parent company, Italcementi Group, Bergamo, Italy.
Read MoreU.S. Concrete grows D.C., Garden State RM businesses; completes precast production exit
U.S. Concrete Inc. closed its third and fourth deals of 2015, capping the first half by acquiring the assets of DuBrook Concrete Inc., Chantilly, Va., and Colonial Concrete Co., Newark, N.J. With three ready mixed plants and a 42-mixer fleet in northern Virginia, DuBrook is strategic to Superior Concrete Materials, U.S. Concrete’s long-held Washington, D.C. business. The Colonial transaction adds three sites and about 40 mixers to the New Jersey flagship, Eastern Concrete Materials.
Read MoreDuBrook, Colonial bring U.S. Concrete Atlantic businesses six plants, 80 mixers
Sources: U.S. Concrete Inc., Euless, Texas; CP staff
U.S. Concrete has closed its third and fourth deals of 2015, capping May by acquiring the assets of DuBrook Concrete Inc., Chantilly, Va., and Colonial Concrete Co., Newark, N.J. With three ready mixed plants and a 42-mixer fleet in northern Virginia, DuBrook is strategic to Superior Concrete Materials, U.S. Concrete’s long-held Washington, D.C. business. The Colonial transaction adds three sites and about 40 mixers to the New Jersey flagship, Eastern Concrete Materials.
Read MoreEastern Concrete drives tribute to West Point
Like many producers across the industry, U.S. Concrete Inc. has enjoyed 2014 market conditions supporting a fleet upgrade. A 2015 Mack GU713-mounted 11-yd. Housby mixer assigned to the Elmwood Park, N.J.-based Eastern Concrete Materials division stands out above the deliveries as it honors the alma mater of U.S. Concrete CEO William J. (Bill) Sandbrook—the United States Military Academy at West Point, N.Y.
U.S. Concrete closes two deals extending Ingram’s west Texas reach
Sources: U.S. Concrete Inc., Euless, Texas; CP staff
One of two U.S. Concrete platform businesses in the Lone Star State, Ingram Concrete LLC has acquired the ready mixed production assets of T&S Ventures LLC, based in Sweetwater, Texas. The deal was announced five weeks after Ingram Concrete closed on the assets of Young Ready-Mix Inc., a single-plant, Brady, Texas operator.
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