Advance Ready Mix paces 500,000-yd. Battery Park contract BY DON MARSH Batching and deliveries for one of the largest concrete supply contracts in North America are proceeding six days a week, two 10-to 12-hour shifts per day on a 2.3-square-mile, Glendale, Ky. site. Advance Ready Mix and fellow project principals have no wiggle room on the schedule as owners Ford…
Read MoreVulcan Materials Co. was named as one of the top 200 Best Companies to Work For by U.S. News and World Report, concurrent with the producer’s inclusion in the 2023 Fortune 500 list of U.S. companies. When compiling the former list, U.S. News editors factor quality of pay and benefits; work/life balance and flexibility; job and company stability; physical and…
Read MoreTennessee-based SRM Concrete LLC capped a watershed year in December, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market share it entails, the transaction likely becomes the largest transfer ever of concrete production and delivery capacity in a major…
Read MoreSources: SRM Concrete LLC, Smyrna, Tenn.; CP staff SRM Concrete has put an exclamation mark on a watershed year, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market footprint it entails, the transaction stands to be the largest transfer…
Read MoreEnvironmental 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 MoreSources: 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 MoreSources: Vulcan Materials Co., Birmingham, Ala.; CP staff Texas-based U.S. Concrete Inc. has become a wholly-owned Vulcan Materials subsidiary with the completion of a stock buyout offer announced in June. The transaction, notes Vulcan Materials Chairman Tom Hill, “Is an important milestone as we welcome U.S. Concrete and its talented team while also taking the next step in our growth…
Read MoreSources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff Vulcan Materials and U.S. Concrete have entered into a definitive merger agreement projected to close the second half of 2021. The former will acquire all U.S. Concrete common stock for $74 in cash, representing a total equity value of just under $1.3 billion. The agreement sets the stage for…
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A three-building addition to the top Washington, D.C. performing arts venue, showcasing cast-in-place, architectural exteriors, earned the highest honor in American Concrete Institute 2020 Excellence in Concrete Construction Awards.
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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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