Cemex confirmed on Sept. 17 that discussions are under way potentially leading to the sale of $3.5 billion to $4.5 billion in U.S. ready mixed, manufactured concrete, aggregate and cement production assets to CRH
Read MoreMonth: September 2007
Crh Closes Four Oldcastle Materials Bolt-On Deals Totaling $350 Million
CRH logged four late-summer transactions in the U.S., netting Oldcastle Materials Group about 500,000 yd. annual ready mixed output, plus aggregate and asphalt production and distribution assets
Read MoreMellott Heritage Division Joins Lafarge Mid-Atlantic
Lafarge NA closed earlier this month on the Heritage Division of H.B. Mellott Estate, a Warfordsburg, Pa., operator with three ready mixed plants and four quarries in western Maryland and southern Pennsylvania
Read MoreQuality Concrete Expands Knife River’s Texas Horizon
MDU Resources has absorbed Beaumont, Texas-based Quality Concrete & Materials Co., Ltd., running 10 ready mixed plants, two material distribution yards and three pug mills throughout southeast and central Texas
Read MoreHouse Hearing Probes Structurally Deficient Bridges
With an eye toward immediate, bipartisan action on a funding plan potentially based on a temporary additional five-cent federal motor fuel tax, U.S. House of Representatives Transportation and Infrastructure Committee Chairman Jim Oberstar (D-MN) held a full committee hearing to consider testimony on structurally deficient bridges within the National Highway System (NHS)
Read MoreStudy: Crushed Returned Concrete Yields Viable Aggregate
Results from tests at the National Ready Mixed Concrete Association’s College Park, Md., research lab support the use of crushed returned concrete as aggregate for new concrete mixes
Read MoreInsurance Plan Favors Steel-Frame Construction Users
SFA and Itasca, Ill., broker Gallagher Construction Services have launched a comprehensive underwriting program that provides steel framing users as much as 50 percent discounts on a range of insurance products
Read MorePaver Shipments Eclipse 800 Million Square Feet
Released in mid-August, the Interlocking Concrete Pavement Institute Industry Sales Profile survey indicates a 3.2 percent increase in North American paving stone shipments from 2005 to 2006
Read MoreHanson Paver Adds Navastone
Hanson Paver has purchased the stock of Navastone, a concrete paver and segmental retaining wall unit supplier with Cambridge, Ont., and Cement City, Mich., operations, plus Morris, Ill., and York, Pa., distribution yards
Read MoreMcgraw-Hill Gauges 6 Percent Drop In New Construction
In its 2007 Construction Outlook Midyear Update, McGraw-Hill reports that new construction is pacing $641.4 billion, or 6 percent below the 2006 level; single family housing activity remains in decline, with renewed expansion not expected until 2008 at the earliest; the dollar value in institutional buildings is on pace for a 7 percent gain, owing to public building and education and healthcare facility work; and, commercial office work continues to rise
Read More