Sources: Summit Materials Inc., Denver; CP Summit Materials Inc. has entered a definitive agreement to be acquired by Atlanta-based Quikrete Holdings Inc. for $52.50 per share in a cash transaction valued upward of $11.5 billion. Summit directors have approved terms of the offer unanimously and will recommend shareholders vote accordingly ahead of a planned transaction closing during the first half…
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Sunrock welcomes Lafarge, VCNA Prairie veteran Nolan as new chief
Sunrock Industries, a ready mixed concrete, aggregates and asphalt producer with North Carolina flagship plus Ontario and Alberta satellite operations, has named Mike Nolan as president. He arrives with 20-plus years in construction materials management roles, primarily at Lafarge North America, Lafarge Group and VCNA Prairie. During assignments in Illinois for the latter producer and on both sides of the…
Read MoreLafarge, VCNA Prairie veteran Nolan leads Sunrock Industries
Sources: The Sunrock Group, Raleigh, N.C.; CP staff Sunrock Industries, a key North Carolina ready mixed concrete, aggregates and asphalt producer with Ontario and Alberta satellite operations, has named Mike Nolan as president. He arrives with 20-plus years in construction materials management roles, primarily Lafarge North America, Lafarge Group and VCNA Prairie. During assignments in Illinois for the latter producer…
Read MoreHolliday Rock to test graphene oxide admixtures derived from methane
Rimere, Newport Beach, Calif. developer of processes extracting high value compounds from natural gas, has entered a codevelopment agreement with Golden State neighbor Holliday Rock, a key player in ready mixed, aggregate and asphalt production, to quantify the potential of graphene to improve concrete strength, elasticity, shrinkage, shielding and durability. Composed of a single layer of atoms, graphene exhibits extraordinary…
Read MoreTitan parent follows Argos, CRH, Holcim path to Wall Street listing
Sources: Titan Cement International S.A., Brussels; CP staff Euronext Brussels-traded Titan Cement International has informed investors of an initial public offering of shares in Virginia-based Titan America, which reported $1.6 billion in 2023 cement, supplementary cementitious material, aggregate and ready mixed concrete sales across coastal Mid-Atlantic and Southeast operations. With a projected early-2025 completion on a Wall Street exchange, the…
Read MoreAbrasion-resistant mini mixer
Rotary Batch Mini Mixer model MX-10-AR blends up to 10 ft.3 (283 ℓ) of aggregates, pigments and other abrasive materials, with or without liquid additions, in ratios down to one part per million with total uniformity in two to three minutes. The unit is equally efficient down to 15 percent (1.0 ft.3 / 28 ℓ) of rated capacity, regardless of…
Read MoreBulkSource delivers construction materials producers data intelligence through open technology platform
ConExpo-Con/Agg 2023 offered a preview of data science methods destined to improve construction materials production and delivery profits. By capturing a groundswell of plant and fleet inputs from signals, sensors, production logs, and order or ticket files, a new class of information technology specialists demonstrated algorithms or programs greatly extending the dashboard and business intelligence tools accompanying current software suites.…
Read MoreOne-time estimator intern Lemon succeeds Graniterock chief Squeri
Sources: Graniterock, Watsonville, Calif.; CP staff Peter Lemon has taken the helm of northern California’s top independent aggregates, ready mixed concrete and road building operator. He replaces Graniterock President and CEO Tom Squeri, who has led the producer and contractor since 2012 and remains a director. “I am honored to continue build[ing] on our achievements of the past 123 years,”…
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Read MorePRODUCERS – MAY 2022
A new identity for LafargeHolcim in the United States, Holcim US, unites legacy brands and strengthening the cement, aggregate and concrete producer’s purpose “to build progress for people and the planet.” Between cement, aggregates, concrete businesses under namesake, Lafarge, Aggregate Industries, Lattimore Materials and other brands, Holcim US operates in 43 states. As the country’s leading building materials provider, it…
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