Sources: LafargeHolcim, Chicago; CP staff
LafargeHolcim has acquired the ready mixed and aggregates production assets of Transit Mix Concrete Co., a subsidiary of Continental Materials Corp., in a $27 million deal. Transit Mix has a payroll of 180-plus, serves the Colorado Springs and Pueblo, Colo., markets, and reported adjusted 2017 revenues of $63 million.
Read MoreSources: LafargeHolcim, Chicago; CP staff
LafargeHolcim has closed on the assets of Metro Mix LLC, a ready mixed producer with Denver and Castle Rock, Colo., plants. The transaction adds to an already strong Colorado market presence LafargeHolcim enjoys through its integrated Aggregate Industries operations.
Read MoreSources: LafargeHolcim, Chicago; CP staff
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 July 2015 Lafarge Group and Holcim Ltd. merger.
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Jamie Gentoso has been named LafargeHolcim, US Cement chief executive officer, replacing John Stull, who recently shifted in the same capacity to the Holcim Philippines business. She arrives at the Chicago-based operator with a solid industry grasp, having started her career as Holcim (US) technical service engineer, then serving as Architectural and Engineering market manager with a focus on ASTM C150 and specialty cements, plus fly ash. Gentoso proceeded to Sika Corp., rising to vice president of Concrete ahead of her most recent position, vice president of Sales & Marketing, with New Jersey-based architectural building products manufacturer Construction Specialties.
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Upon conclusion of its annual general meeting this month, LafargeHolcim Ltd. will begin a new era as the terms of Betrand Collomb and Thomas Schmidheiny—charter directors whose combined Lafarge Group, Holcim Ltd. and post-merger tenure is just short of 90 years—sunset.
Read MoreSources: LafargeHolcim Ltd., Zurich; CP staff
Jamie Gentoso has been named LafargeHolcim, US Cement chief executive officer, replacing John Stull, who recently shifted in the same capacity to the Holcim Philippines business. She arrives at the Chicago-based operator with a solid industry grasp, having started her career as Holcim (US) technical service engineer, then serving as Architectural and Engineering market manager with a focus on ASTM C150 and specialty cements, plus fly ash. Gentoso proceeded to Sika Corp., rising to vice president of Concrete ahead of her most recent position, vice president of Sales & Marketing, with New Jersey-based architectural building products manufacturer Construction Specialties.
Read MoreSources: Lafarge North America, Chicago; CP staff
Through its domestic Lafarge, Holcim and Aggregate Industries businesses, LafargeHolcim is supporting the Partnership for Youth Success (PaYS) program to provide U.S. Army veterans workforce opportunities after their service. The partnership is part of a recruitment option allowing students to simultaneously serve and prepare for their future.
Read MoreSources: LafargeHolcim Ltd., Zurich; CP staff
Coupled with the release of 2017 financials showing moderate year-over-year sales and EBITDA (earnings before interest, taxes, depreciation and amortization) gains, LafargeHolcim outlined a five-year plan to drive profitable growth and simplify the business to deliver resilient returns and attractive value to stakeholders. Strategy 2022 – Building for Growth targets annual net sales growth of 3 to 5 percent and recurring EBITDA of at least 5 percent, and is based on four value drivers:
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BASF AG and CRH Plc are among 30 companies joining the World Business Council for Sustainable Development’s Factor10. The initiative seeks to advance principles of the circular economy, where the “take-make-dispose” economic model yields to one that is regenerative by design. Charter companies span 16 major sectors and report combined annual sales of $1.3 trillion.
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A two-year collaboration between LafargeHolcim Ltd. and Dresden, Germany-based Heliatek GmbH has netted a photovoltaic concrete façade product capable of generating double the amount of energy typical of roof-based solar panel arrays. At 60 percent of the exterior, the cladding has the potential to generate 30 percent of a 10-story building’s annual energy requirements. Unveiled at Batimat 2017 in Paris, it combines LafargeHolcim’s Ductal ultra-high performance concrete, suited to architectural applications in ½-in. or greater thickness; and, Heliatek’s flexible, ultra-light HeliaFilm, weighing 1 kilogram/square meter (2.2 lbs./10.75 sq. ft.) and produced in shades of blue, gray and green.
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