Sources: AICrete Corp., Richmond, Calif.; CP staff AICrete Corp., artificial intelligence solutions developer for concrete and aggregate producers, has closed a $5 million funding round, bringing Series Seed commitments to $9 million since May 2022. The investment positions the company to broaden the AI-powered AICreteOS operating system user base; extend customer support to more North American accounts; configure AICreteOS to…
Read MoreTag: aggregate production
Raineri, Blue Grass RM deals sustain BMC’s double-digit growth
Sources: BMC Enterprises Inc., St. Louis; CP staff The St. Louis region’s top ready mixed concrete and aggregate producer has acquired three operators serving its central-eastern Missouri home base: Blue Grass Ready Mix, single-plant Saint Robert operator; Raineri Building Materials, with two St. Louis ready mixed plants and companion construction product yards; and, Eureka Materials, single-pit sand & gravel producer.…
Read MoreLafarge R&D, Holcim Apasco veterans to oversee LafargeHolcim Americas businesses
Sources: LafargeHolcim Ltd., Zurich; CP staff
The 10-member LafargeHolcim Executive Committee has been realigned to reflect an evolved global cement, aggregate and concrete production asset portfolio, and close an integration phase commencing with the July 2015 Lafarge Group and Holcim Ltd. merger. Representing the Western Hemisphere are region heads Pascal Casanova, North America, and Oliver Osswald, Central & South America.
Read MoreEPD, EMS, recycling metrics populate LafargeHolcim sustainability plan
Looking beyond rationalized cement capacity with integrated concrete and aggregate production assets, LafargeHolcim Ltd. aims to make its mark in the global construction supply chain as part of a new sustainability initiative, The 2030 Plan.
Read MoreSustainability watchdog sets concrete production water accounting standards
The Cement Sustainability Initiative has capped a two-year effort to formalize accounting of water consumption and recycling in cement, concrete and aggregate production. The new 34-page Guidance on Good Practices for Water Accounting builds on Protocol for Water Reporting for the Cement Industry (2014) and Water Key Performance Indicators (2015).
Read MoreEPD, EMS, recycling metrics populate LafargeHolcim sustainability plan
Looking beyond rationalized cement capacity with integrated concrete and aggregate production assets, LafargeHolcim Ltd. aims to make its mark in the global construction supply chain as part of a new sustainability initiative, The 2030 Plan.
Read MoreSummit Materials investors eye $375M from initial public offering
Sources: CP staff; Summit Materials LLC, Denver; Renaissance Capital LLC, Greenwich, Conn.
Trading of the newest major operator with U.S. concrete, cement and aggregate production, Summit Materials, has commenced on the New York Stock Exchange, as CEO Tom Hill rang the March 12 Opening Bell. After a requisite quiet period since a mid-December Securities and Exchange Commission filing, Summit Materials sponsors offered 22.2 million shares at $18/share.