PRODUCERS – APRIL 2020

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Texas-based U.S. Concrete, Inc. has closed on a $142 million deal for Coram Materials Corp., significantly expanding its East Coast aggregates portfolio. “Coram’s 50 million tons of reserves, located in the quickly depleting Long Island sand market, increases the vertical integration of our New York operations, strengthens our competitive position and advances the continuation of our strategy of expanding into higher margin aggregates businesses,” says (retiring) Chairman William Sandbrook. Following successful integration of Vancouver-based Polaris Materials, acquired in 2018, he adds, U.S. Concrete continues “to seek opportunities of coupling the pull through capabilities of our large regional ready-mixed concrete operations with attractive aggregate assets.”

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Vulcan Materials, U.S. Concrete directors bring UPS, logistics bandwidth

Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff

United Parcel Service President, U.S. Operations George Willis has been elected to the 11-member Vulcan Materials board and will serve on the Audit and Safety, Health & Environmental Affairs committees. “George has demonstrated exceptional leadership in his over 35-year career with UPS. His extensive experience with operations and logistics in a complex global business environment will provide us with invaluable insight on matters critical to our business,” says Vulcan Chairman Tom Hill. 

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Vulcan, Martin Marietta pace $5 billion milestone neck-and-neck

Sources: Martin Marietta Materials, Raleigh, N.C.; Vulcan Materials, Birmingham, Ala.; CP staff

Consistent with recent years’ near-equal financials, sand & gravel and crushed stone top guns Vulcan Materials and Martin Marietta Materials report respective 2019 sales of $4.9 billion and $4.74 billion, and adjusted earnings before interest, taxes, depreciation and amortization of $1.27 billion and $1.25 billion. 

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PRODUCERS – NOVEMBER 2019

Rodney

Birmingham, Ala.-based Dunn Investment Co., parent of one of America’s oldest contracting businesses and holding company of multiple operating businesses located throughout the Southeast, has promoted two 25-year veterans from their vice president posts. Rodney Grogan, who served as 2017 National Ready Mixed Concrete Association chairman, has been named executive vice president of Dunn Investment Western Operations, including Mississippi and Louisiana ready mixed producers MMC Materials and Bayou Concrete, plus Huey P. Stockstill, Dunn Roadbuilders and Dunn Utility Products. His counterpart in Dunn Investment Eastern Operations, Craig Fleming, will be responsible for Dunn Construction, Dunn Building Co., Civil Constructors and Couch Aggregates.

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PRODUCERS – AUGUST 2019

D. Michael Wilson, president and chief executive officer of specialty chemicals and high performance carbon materials specialist Ingevity Corp., has been elected to the Vulcan Materials Co. board, and will serve on the Audit and Safety, Health and Environmental Affairs Committees.

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Six-figure grant advances Vulcan Diversity & Inclusion Council goals

Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff

A $500,000 Vulcan Materials Company Foundation grant to Historically Black Colleges and Universities (HBCUs) in key areas of the Southeast provides a) Scholarships and internships for students who win “pitch competitions,” to be judged by university leadership and members of Vulcan Materials’ Diversity & Inclusion Council; b) opportunities for students to improve innovation and infrastructure that businesses, higher education and government can support; c) company internships potentially leading to full-time employment; and, d) enhanced facility spaces that turn traditional college work spaces into tech-friendly study halls.

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Lawmaker maps Texas-sized batch plant, community buffer zones

Sources: Office of Texas Senator Donna Campbell, Austin; CP staff

The recently filed Senate Bill 208 seeks to amend a State of Texas Health and Safety Code section governing concrete batch plant and concrete recycling sites, whereby new facilities would be required to have a minimum distance of 880 yards, or .5 mile, from existing homes, schools or houses of worship—double the present requirement. 

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PRODUCERS – AUGUST 2018

LafargeHolcim has acquired Tarrant Concrete Co., which operates three ready mixed plants on two sites, and builds on a Dallas-Fort Worth Metroplex platform created under Holcim (US). With 90 employees and annual sales hovering $40 million, Tarrant Concrete becomes the first bolt-on transaction in domestic ready mixed production since the Aggregate Industries U.S. and Holcim (US) businesses, along with Lafarge North America, were brought under LafargeHolcim Ltd. in the 2015 Lafarge Group and Holcim Ltd. merger.

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Vulcan, Martin Marietta, Oldcastle top USGS crushed stone ranking

Sources: U.S. Geological Survey; Rock Products

The top 20 crushed stone producers accounted for 743 million metric tons, or 55 percent of the 2016 U.S. output, according to a report USGS Commodity Specialist Jason Willet prepared from the most current shipment data available. He also finds that the top 100 operators’ limestone and granite production totaled 1.02 billion mt, or 75 percent of industry shipments, in 2016. The 294 leading companies in his survey, representing 20 percent of operators tracked, were responsible for 1.21 billion mt or 89 percent of output. 

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Thomas Concrete builds Southeast footprint in Vulcan RM plant deal

Sources: Thomas Concrete Group AB, Gothenburg, Sweden; CP staff

Thomas Concrete recently acquired 21 Georgia ready mixed concrete production sites—eight active, the remaining idle or in standby mode—from Vulcan Materials Co. They strengthen Thomas Concrete’s metro Atlanta presence and bring the U.S. footprint of its Swedish parent company to 70 plants across Georgia and the Carolinas. 

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