Tag: market

Sources: CP staff; Martin Marietta Materials, Raleigh, N.C.; Lafarge North America, Reston, Va.

An asset swap with Lafarge North America will net Martin Marietta a major metro-Denver presence, including 10 ready mixed and six aggregate operations, plus nine asphalt production or road-building office/equipment sites.The properties figure to join Martin Marietta West Group’s Western Division, with two Wyoming and four Nebraska quarries. The transaction adds a third West Group state, alongside Arkansas and Texas, where the company has integrated ready mixed and aggregate production.

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Sources: Cementos Argos, Medellin; Lafarge Group, Paris

By Don Marsh

Argos officials cite a significant presence across the Southeast on the heels of a $760 million transaction spanning Lafarge North America assets in the region: 79 ready mixed plants in Georgia, Alabama and Louisiana; Harleyville, S.C., and Roberta, Ala., cement plants, plus Atlanta-area clinker grinding mill; and, six cement terminals (five rail, one port).

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