A major player in U.S. brick production and distribution is set to change hands this month as its parent company focuses on core United Kingdom markets. Ibstock plc of Leicestershire, England, has entered into an agreement to sell Glen-Gery Corp. to Brickworks Ltd. of New South Wales, Australia, for $110 million.
Read MoreAustralia’s Brickworks enters North America through Glen-Gery
