Feds lighten Vulcan-bound Aggregates USA asset haul

Sources: CP staff; Vulcan Materials Co., Birmingham, Ala.; U.S. Department of Justice

Vulcan Materials closed its planned $900 million acquisition of 36-site Aggregates USA on the final business day of 2017, along with a companion $290 million transaction through investor Blue Water Industries. The latter involves the sale of 17 Tennessee and Virginia quarries and yards, and abides a Department of Justice Antitrust Division settlement addressing coarse-aggregate production overlap between Vulcan and Aggregates USA in southwest Virginia, plus the Knoxville and Tri-Cities, Tenn., markets. Vulcan will assimilate the remainder of the portfolio—three Georgia quarries and 16 rail distribution yards in Georgia, Florida and South Carolina—into its Southeast platform.

Read More

Microwave, microprocessor technologies power aggregate moisture meter

Microwave, microprocessor technologies power aggregate moisture meter

The Aggrameter T-T-100 taps the latest microwave and microprocessor offerings to measure moisture content in various fine and coarse-grained materials. Probe prongs are inserted into the material and moisture content percentage is instantaneously shown on the easy to read display. An average of five to 10 readings is normally taken in order to ensure a valid measurement. The output is converted by the integrated microprocessor and the moisture content displayed directly as a percentage of dry weight.

Read More