aggregates – Page 4 – Concrete Products

Martin Marietta deepens Southeast, Mid-Atlantic stakes in $1.6B Bluegrass deal

June 27, 2017 Concrete News

Sources: Martin Marietta Materials, Inc., Raleigh, N.C.; CP staff

Martin Marietta anticipates a fourth quarter closing on Bluegrass Materials Co., billed as the largest privately held aggregates producer in the U.S., with 23 active sites across Georgia, Kentucky, Maryland, South Carolina and Tennessee. The $1.6 billion deal follows by four and two months, respectively, announcement of two other major transactions anchored on Southeast aggregates riches: CRH/Oldcastle Materials’ acquisition of Indiana-based Mulzer Crushed Stone Inc. (Indiana, Kentucky and West Virginia sites) and Vulcan Materials’ acquisition of Aggregates USA (Florida, Georgia, South Carolina, Tennessee and Virginia sites).

U.S. Concrete builds New York aggregates reserves, distribution capabilities

April 18, 2017 Concrete News

Sources: U.S. Concrete Inc., Euless, Texas; CP staff

U.S. Concrete has strengthened sand production and distribution capacity supporting its New York City ready mixed concrete operations by acquiring the assets of Quinton, N.J.-based Corbett Aggregates Cos.

HeidelbergCement upbeat on Italcementi integration, 2017 outlook

March 21, 2017 Concrete News

Sources: HeidelbergCement AG, Germany; CP staff

Completion of a $4 billion merger involving Essroc Cement Corp. and sister Italcementi S.p.A. businesses, improved financials and credit ratings, plus declining energy costs, support especially positive investor guidance for the parent company of Lehigh Hanson, Inc. “2016 was an exceptional year,” affirms HeidelbergCement Chairman Dr. Bernd Scheifele. “With the successful takeover of Italcementi, we have accelerated our growth and are now in an excellent strategic position.”

GCP formulates agents neutralizing clay factor in sub-par aggregates

March 13, 2017 Concrete News

Sources: GCP Applied Technologies Inc., Cambridge, Mass.; CP staff

The former Grace Construction Products business arrived at 2017 ConExpo-Con/Agg with new sand & gravel additives and concrete admixtures aimed at mitigating poor quality aggregates’ effect on fresh mix and finished slab or structure performance. The Clarena product portfolio was front and center at GCP Applied Technologies’ Las Vegas Convention Center booth during the March 7-11 show.

LafargeHolcim grows 2016 profits on tempered North American, global sales

March 4, 2017 Concrete News

Sources: LafargeHolcim Ltd., Zurich; CP staff

During its first full calendar year, LafargeHolcim reported lower U.S., Canadian and worldwide cement, aggregate and ready mixed concrete shipments against 2015 levels, yet paced a three-year timeline of ambitious financial and operating benchmarks announced upon the Lafarge Group-Holcim Ltd. merger in July 2015.

Bestway Concrete brings Burnco into Colorado market

February 20, 2017 Concrete News

Sources: Burnco Rock Products Ltd., Calgary; CP staff

Burnco has closed on Bestway Concrete Co., serving metro Denver and northern Colorado from nine ready mixed and four aggregate plants, with a payroll of 200-plus. The deal brings Burnco, presently under management of the fourth generation of the founder Johns Burns’ family, into a second U.S. market. The producer first branched out from Alberta to Dallas-Ft. Worth, where Burnco Texas LLC runs one aggregate and six ready mixed operations.

Martin Marietta, Vulcan close record year neck-and-neck in sales, profits

February 20, 2017 Concrete News

Sources: Martin Marietta Materials, Raleigh, N.C.; Vulcan Materials Co., Birmingham, Ala.; CP staff

The two largest public companies in construction materials, Martin Marietta and Vulcan, cite 2016 sales gains of 9.5 percent and 5 percent, respectively, against prior year figures, despite only minor shipment increases in their core product, aggregate. In a year that brought each record sales and stock valuations, the producers realized the effects of regional market gains or lapses on their aggregate, ready mixed concrete, cement and asphalt production portfolios:

Career Caterpillar veteran joins Summit Materials board

August 15, 2016 Concrete News

Sources: Summit Materials, Inc., Denver; CP staff

Integrated cement, aggregate and concrete producer Summit Materials has appointed a ninth director, Steven Wunning, who will also serve on the Compensation Committee.

Foundation groups inject rheology into revised tremie concrete practice

August 1, 2016 Concrete News

The Deep Foundations Institute (DFI) and European Federation of Foundation Contractors (EFFC) have released a free download of their recent Best Practice Guide to Tremie Concrete for Deep Foundations. The publication stems from initial efforts of the joint DFI and EFFC Concrete Task Group, established in 2014 to study common problems in drilled shafts and diaphragm walls constructed using tremie methods.

Post-merger earnings prove TXI’s capacity to enrich Martin Marietta

November 1, 2014 Concrete News

Sources: Martin Marietta Materials, Inc.; CP staff

Results from the first financial reporting period to follow the Martin Marietta–Texas Industries Inc. merger, consummated July 1, underscore the potential that three strategic cement and 100-plus ready mixed operations afford the industry’s second largest aggregate producer. Martin Marietta reports third quarter sales of $918 million, existing or heritage businesses accounting for $644 million—a 7.3 percent gain over 2013 Q3 figures.