Sources: Titan America, Norfolk, Va.; CP staff Titan America projects a 2023 completion of a new 70,000-ton dome, plus truck and rail loadout infrastructure, at its Roanoke Cement Co. import terminal in Chesapeake, Va. With triple the present bulk storage capacity, the overhauled operation will be equipped to import and distribute fly ash, slag, and aggregates that are in demand…
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LafargeHolcim US follows Swiss parent in transition to Holcim identity
Source: Holcim US, Chicago; CP staff LafargeHolcim in the United States has unveiled its new identity, Holcim US, uniting legacy brands and strengthening the cement, aggregate and concrete producer’s purpose “to build progress for people and the planet.” The transition is the first within Holcim Group and represents what management notes is a significant milestone. “The Holcim US identity is…
Read MoreCRH to book $3.45B in Oldcastle BuildingEnvelope sale
Sources: CRH Plc, Dublin; CP staff CRH continues to streamline its North American portfolio around cement, aggregates, concrete and asphalt production assets. The company recently announced an agreement to sell its California-based Oldcastle BuildingEnvelope business to KPS Capital Partners, a New York private equity firm. The deal includes a $3.45 billion cash payment, plus transfer of $335 million in lease…
Read MoreHolcim to cut water consumption in concrete, upstream operations
Holcim AG aims to reduce cement, aggregates and ready mixed concrete operations’ respective water intensities by 33 percent, 20 percent and 15 percent through 2030. Applicable to namesake, Lafarge, Aggregate Industries, Lattimore Materials and other North America or overseas brands, the targets are part of a global strategy to become nature-positive by restoring and preserving water and biodiversity, while bringing…
Read MoreUtelite brings lightweight aggregate to Holcim (US) portfolio
Sources: LafargeHolcim, Chicago; Holcim AG, Zug, Switzerland Holcim has closed on Utelite Corp., adding the Coalville, Utah expanded shale lightweight aggregate producer to Mountain Region materials operations serving Denver, Las Vegas and Phoenix markets. Utelite mills lightweight or structural concrete-grade expanded shale in coarse, medium and three fine classes. Its deposit east of Salt Lake City has 60-plus years of…
Read MoreBMC adds ready mixed plants, enters precast market in Stewart deals
St. Louis aggregates and ready mixed top gun BMC Enterprises has entered precast concrete, acquiring Stewart Concrete Products of Halfway, Mo., and announced a strategic partnership with Stewart-Morrison Redi-Mix, Inc. of West Plains, Mo. Both will operate as BMC portfolio companies—sisters to the Breckenridge Material flagship brand. Acquired assets include five concrete products locations, eight ready mixed plants and two…
Read MoreMartin Marietta veteran Zais named Burnco Rock CEO
Sources: Burnco Rock Products Ltd., Calgary; CP staff Burnco Rock Products has appointed Tom Zais as chief executive officer, responsible for ready mixed concrete and aggregate businesses in Alberta, Colorado and Texas. He arrives from Martin Marietta Materials, where he served as Texas-based regional vice president – Ready Mix. That position followed vice president and general manager roles with Texas…
Read MoreFred Weber sites puts New Frontier Materials on the map
Sources: New Frontier Materials, St. Louis, Mo.; CP staff Missouri heavy/civil construction operator Fred Weber Inc. has sold its aggregates and asphalt assets to New Frontier Materials, a private entity launched in 2020 with individual and institutional investor backing.
Read MoreTexas producers take stock of state’s enviable market outlook
Sources: Texas Aggregates & Concrete Association, Austin; CP staff Speakers at the 67th annual Texas Aggregates & Concrete Association meeting offered 450-plus attendees a sampling of production, economic and demographic data well worth the price of admission.
Read MoreEagle Materials earns last laugh on Monday morning quarterback
Two years ago we saw Dallas-based Eagle Materials Inc., slightly reeling from a fracking sand production play, heed an activist investor’s proposal for a Light Materials (wallboard, paperboard) and Heavy Materials (cement, aggregates, concrete) business split. The action had the aura of an opportunistic New Yorker swaggering into Texas to shed light on running a construction materials business. Eagle Materials…
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