At levels just under 100 percent, Summit Materials Inc. shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based Cementos Argos S.A., paving the path for a mid-January merger of Summit Materials and Argos North America Corp. Valued at $3.2 billion, the merger creates the fourth-largest U.S. cement producer—behind Holcim US, Heidelberg Materials and Ash Grove—and significantly…
Read MoreTag: Argos
Slag cement webinar series tags Argos, St Marys for hosts
The Slag Cement Association has enlisted producer member representatives to address supplementary cementitious materials’ effect on concrete carbon aspects and durability during four summer webinars, each running 1-2 p.m. EST. and offered free of charge.
Read MoreArgos, St Marys engineers anchor slag cement webinar series
Sources: Slag Cement Association, Farmington Hills, Mich.; CP staff
The Slag Cement Association has enlisted producer member representatives to address supplementary cementitious materials’ effect on concrete carbon aspects and durability during four summer webinars, each running 1-2 p.m. EST. and offered free of charge:
Read MoreArgos driver hands NLRB a vehicle to affirm sound cell phone policy
A top ready mixed producer’s alleged unfair practices case has spawned a decision demonstrating the National Labor Relations Board’s return to decades-old, court-tested standards and National Labor Relations Act (NLRA) interpretations. It triggered a welcome rebuke of agency actions under the Obama administration, many of them skewed to Big Labor or injecting ambiguity in routine union grievance and employer response reviews.
Read MoreNLRB affirms legality of Argos zero tolerance cell phone policy
Sources: CP staff; National Labor Relations Board
The National Labor Relations Board has determined that a ready mixed concrete producer can restrict employees’ possession of cell phones in heavy-duty trucks, disclosure of compensation and other business matters, and use of company e-mail for nonwork purposes without violating their National Labor Relations Act-defined organizing rights.
Read MoreArgos, CalPortland, Thomas lead NRMCA Quality Awards
Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff
NRMCA will honor 20 producer members earning 2018 Excellence in Quality Awards during an October 1 luncheon capping the ConcreteWorks conference in National Harbor, Md. Recipients demonstrate how they abide and exceed quality management principles over a broad range of activities—from program commitment, materials and production facility management to product quality control and maintaining high customer satisfaction levels.
Read MoreArgos’ art of the nine-figure deal
By Don Marsh
Colombia-based Argos S.A. demonstrates in its latest investment the credit facilities and drive to build multiple U.S. cement and concrete platforms, perhaps competing for acquisitions with expansion-minded peers on the order of Oldcastle Materials and Summit Materials.
Read MoreArgos secures Mid-Atlantic market presence in $660M Essroc mill, terminal deal
Sources: CP staff; HeidelbergCement AG, Germany
A major transaction key to the merger of Lehigh Cement Co. and Essroc Cement Corp. parent companies, HeidelbergCement and Italcementi S.p.A., is scheduled for a fourth quarter closing and subject to U.S. Federal Trade Commission approval. Per a definitive agreement HeidelbergCement announced on August 18, Argos USA LLC will acquire Essroc’s Martinsburg, W.Va., cement plant and seven terminals in Virginia, Maryland and Pennsylvania, plus a Lehigh terminal in upstate New York.
Read MoreArgos Innovation Center to tackle industry challenges
Located on the campus of EAFIT University in Medellín, Colombia, the recently opened Argos Innovation Center is a sign of the company’s commitment toward the productive, competitive and sustainable growth of the industry, the region and the country. Through its Innovation Center, Argos hopes to create a meeting place for the challenges of the cement and concrete industry and academic solutions, stimulating the discovery of new uses of the materials. The center is currently hosting R&D, new business development and innovation processes that are tackling industry challenges throughout different regions, including the U.S. and Caribbean where Argos has operations.
Argos inaugurates CNG-powered mixers in Texas fleet
McNeilus Truck & Manufacturing has delivered Argos USA’s Dallas and Houston operations 20 Bridgemaster mixers each. Mounted on Cummins ISX12 G-powered Peterbilt 365s, the mixers are equipped with McNeilus Next Generation (Ngen) compressed natural gas fueling systems.