Sources: Lehigh Hanson Inc., Irving, Texas; CP staff Lehigh Hanson plans a Q1 2023 transition to Heidelberg Materials, following German parent company HeidelbergCement AG’s adoption of the new banner, effective September 20. Heidelberg Materials represents “a brand with global reach and focus on sustainability, digitalization and leadership in the building materials industry,” management notes. In North America, it will unify—and…
Read MoreTag: HeidelbergCement AG
HeidelbergCement invests in maturity sensor technology developer
Sources: HeidelbergCement AG, Germany; CP staff Lehigh Hanson Inc. parent HeidelbergCement has taken a strategic minority stake in Ottawa-based Giatec, whose proprietary sensors equip producers and their customers to monitor concrete maturity in real time. Combined with artificial intelligence algorithms, configured to integrate with a wide range of concrete industry software solutions, the sensor data informs cement optimization, quality control,…
Read MoreCommand Alkon stake: HeidelbergCement’s ticket to tech leadership
Lehigh Hanson Inc. parent company HeidelbergCement AG announced late last month an agreement to take a 45 percent stake in Command Alkon, the global leader in software and information technology services for heavy building materials. San Francisco-based investor Thoma Bravo, which acquired Command Alkon in early 2020, will retain a 55 percent interest. The agreement is subject to regulatory approvals,…
Read MorePRODUCERS – July 2021
Denver-based Summit Materials Inc. has appointed Tamla Oates-Forney as an independent director and member of the board’s Human Capital and Compensation Committee. The concrete, cement and aggregate producer’s board now comprises nine members. “Tamla brings a wealth of expertise in human capital management that will be a strategic asset to the Company. She is an accomplished global Human Resources Executive…
Read MoreDavis-Bacon support deepens along White House, Capitol Hill axis
A White House 2021 regulatory update, coupled with a U.S. Senate vote on a Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act amendment, illustrate administrative and legislative branch underpinnings for one of the most contentious statutes affecting construction: the Davis-Bacon and Related Acts (Davis-Bacon or DBRA). Among U.S. Department of Labor responses to a White House executive order is a…
Read MoreLehigh Hanson parent at home with Sustainably Managed Companies
HeidelbergCement AG of Germany ranks 37 among 100 Sustainably Managed Companies that the Wall Street Journal recognized in its mid-October edition. The concrete, aggregate and cement giant scores 73.2 overall on a list where such scores range from 78.8 (#1 Sony) to 71.1 (#100 International Paper). HeidelbergCement ranks in upper and lower quartiles in the list’s four categories: Environment (#8),…
Read MorePRODUCERS – MARCH 2020
Eagle Materials Inc. directors have taken a key step toward mid-year separation of cement- and gypsum wallboard-centered Heavy and Light Materials businesses into independent, New York Stock Exchange-traded companies, both Dallas based. Leading the Heavy Materials namesake will be current Chairman Mike Nicolais and President and Chief Executive Officer Michael Haack. Leading the Light Materials business, operating as American Gypsum Company, will be Chairman Dave Powers, former Eagle Materials CEO and current director, and President and CEO Craig Kesler, current chief financial officer.
Read MorePRODUCERS – JULY 2019
Karl Watson Jr. has moved from executive vice president and chief operating officer at Summit Materials, Denver, to chief executive officer and board member of Forterra Inc., a top concrete pipe and precast drainage structure producer based in Irving, Texas. Succeeding Jeff Bradley, he arrives with 30-plus years in management and executive roles at major heavy building materials operators and, Forterra notes, “a track record of effectively leading through numerous business cycles and improving financial results.”
Read MoreMerger-bound parent companies prepare Essroc, Lehigh asset sale: one mill, nine terminals
Sources: U.S. Federal Trade Commission; HeidelbergCement AG, Germany; CP staff
The Federal Trade Commission has outlined terms of the final regulatory clearance hovering the proposed merger of Lehigh Hanson Inc. and Essroc Cement Corp. parents HeidelbergCement AG and Italcementi S.p.A. A June 17 consent agreement calls for the sale of a) Essroc’s 2-million ton/year Martinsburg, W.V., mill plus seven Maryland, Pennsylvania and Virginia terminals; and, b) Lehigh’s Solvay, N.Y., terminal. A suitor will also have a purchase option for two Essroc terminals in Ohio.
Read MoreHeidelberg maps Italcementi integration for home turf, mum on North America
Sources: HeidelbergCement AG, Heidelberg, Germany; CP staff
Advancing a proposed merger with mid-year target, HeidelbergCement Chairman Dr. Bernd Scheifele announced plans to restructure Italcementi S.p.A. operations, principally at its Bergamo, Italy, headquarters and affecting upward of 400 employees through 2020; consolidate global technical activities at Italcementi’s i.Lab Research & Innovation Centre, a Bergamo facility opened in 2013; and, maintain the Italcementi brand plus homebased plants and industrial network.
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