Source: Concrete Industry Strategic Development Council, Farmington Hills, Mich.
The September 21-22 session of the ACI-affiliated Strategic Development Council will include presentations on:
Sources: Texas Industries, Inc., Dallas; Cemex USA, Houston; CP staff
TXI announced that its subsidiary has entered into an asset swap with Cemex USA, in which TXI will acquire the ready mix and aggregate operations of Cemex that serve the Austin metropolitan market. The transaction was finalized July 29 and brings TXI one aggregate and three ready mixed concrete plants. “While times remain challenging, we will continue to investigate opportunities that enhance the company’s long-term strategic position,” said TXI CEO Mel Brekhus.
Read MoreSources: Knife River Corp, Bismarck, N.D.; CP staff
Following the Knife River Western North Dakota Division launch early this year in Williston—where aggregate, ready mixed and asphalt production is under way on a 120-acre greenfield—Knife River Corp. has looked to the opposite end of its home state for growth opportunity.
Read MoreSource: CTS Cement Manufacturing Corp., Cypress, Calif.
The Court of Appeal of the State of California has affirmed a Los Angeles Superior Court of California ruling against Ultimax Cement and its principal, Hassan Kunbargi, in their alleged trade secret misappropriation case against CTS Cement and Chairman Edward Rice.
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