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Tag: Eagle Materials

PRODUCERS – APRIL 2019

Concrete News
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Oldcastle Infrastructure, Atlanta, has grown a market footprint established through one of its inaugural businesses, Utility Vault, by acquiring Quality Concrete Products of Mukilteo, Wash. The producer serves the greater Seattle market with manhole, catch basin and companion drainage structure offerings. They complement output from Oldcastle Infrastructure plants in Auburn and Spokane, Wash., and expand a customer base in the Puget Sound region, a key growth area.

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Eagle Materials completes succession plan as Haack replaces CEO Powers

Concrete News

Sources: Eagle Materials Inc., Dallas, Texas; CP staff

Eagle Materials President and Chief Operating Officer Michael Haack will succeed Chief Executive Officer Dave Powers, who will retire July 1 but remain on the board of directors. The move culminates a multiyear succession plan and set of transition preparedness steps the board undertook over the last four years.

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PRODUCERS – SEPTEMBER 2018

Concrete News

LafargeHolcim has closed on the assets of Metro Mix LLC, a ready mixed producer with Denver and Castle Rock, Colo., plants and a payroll of 50. Metro Mix reported 2017 sales upward of $30 million and serves a fast growing market where construction is projected to remain strong thanks to large jobs and population growth.

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Eagle looks east in cement, inking $400 million Cemex Fairborn mill deal

Concrete News

Sources: Eagle Materials Inc., Dallas; CP staff

A definitive agreement with Cemex S.A.B. de C.V. will net Eagle Materials a Xenia, Ohio (Fairborn) cement plant, plus Columbus terminal, cement bagging operation and related assets. The $400 million deal is projected to close in the fourth quarter and could increase the suitor’s cement output by up to 20 percent.

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Eagle Materials/American Gypsum chief Powers to succeed CEO Rowley

Concrete News
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Dallas-based Eagle Materials Inc. has announced the retirement of President and CEO Steve Rowley effective March 31. The cement, aggregate, ready mixed concrete and wallboard producer notes that his decision, stemming from post-surgery health matters, brings “to a close a remarkable career of 25 years of continuous service to the company and its stockholders.”

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Eagle Materials/American Gypsum chief Powers to succeed CEO Rowley

Concrete News

Sources: Eagle Materials Inc., Dallas; CP staff

Eagle Materials has announced the retirement of President and CEO Steve Rowley effective March 31. The cement, aggregate, ready mixed concrete and wallboard producer notes that his decision, stemming from post-surgery health matters, brings “to a close a remarkable career of 25 years of continuous service to the company and its stockholders.”

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With FTC nod, Buzzi, Eagle surface as latest Lafarge, Holcim asset suitors

Concrete News

Sources: CP staff; Federal Trade Commission, Washington, D.C.

The FTC has opened to public comment a proposed consent agreement settling a complaint alleging that the Holcim Ltd. and Lafarge S.A. merger would likely harm competition in the U.S. It details a portfolio of Holcim (US) Inc. and Lafarge North America portland cement and slag cement production and distribution assets to be divested in conjunction with the parent companies’ union.

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PRODUCERS – February 2015

Concrete News
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Dallas-based cement, aggregate and ready mixed producer Eagle Materials Inc. has appointed Michael Haack to chief operating officer, a post created in response to the company’s continued strategic expansion in construction and energy-related markets. He joins Eagle from Halliburton Energy Services, where over a 17-year career he assumed key operating roles, most recently managing global operations for Sperry Drilling, a multi-billion dollar division serving Halliburton operations in every major global oil and gas market. Haack earned a Master of Business Administration degree from Rice University, and holds a Master of Science degree from Texas A&M University and a Bachelor of Science degree from Purdue University, both in Industrial Engineering.

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Lafarge retreats from Maryland-D.C. market in Bluegrass Materials deal

Concrete News

Sources: Lafarge Group, Paris; Bluegrass Materials, Jacksonville, Fla.; CP staff

Lafarge North America’s pull back from key U.S. positions continues with the planned sale of Baltimore and western Maryland aggregates businesses to a four-year-old company backed by members of Florida Rock Industries’ founding family.

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