Well Governed

A visit with 2022 NRMCA Chairman John Holliday The National Ready Mixed Concrete Association annual convention in San Antonio this month will build on momentum from the fall 2021 ConcreteWorks Conference and Expo, the group’s first major in-person gathering in 18 months. Incoming Chairman John F. Holliday, chief executive officer and third generation principal of Holliday Rock Co., is set…

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Cement, concrete producers outpace SEC rule requirements

Sources: U.S. Securities and Exchange Commission; CP staff Environmental Protection Agency reporting measures and market mechanisms like the U.S. Green Building Council LEED rating system could position publicly traded portland cement and concrete producers for seamless compliance with a proposed Securities and Exchange Commission rule on greenhouse gas (GHG) emissions and global warming risk disclosures. Dubbed “Enhancement and Standardization of…

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Martin Marietta deal guides CalPortland to production points north

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials has entered a definitive agreement to sell CalPortland Co. a group of California assets for $250 million: Redding cement plant and related distribution terminals plus 14 ready mixed concrete sites. Martin Marietta acquired the former Lehigh Hanson West Region properties in 2021 and signaled their likely sale in…

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Solid market conditions amplify Texas producers’ return to normal

Speakers at the 67th annual Texas Aggregates & Concrete Association meeting, staged last month in San Antonio, offered 450-plus attendees a sampling of production, economic and demographic data well worth the price of admission.

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Martin Marietta charts Pacific course in Lehigh Hanson West deal

Flush in investor confidence and financial leverage fueled by a stock price in record territory, Martin Marietta Materials will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson West Region operations in Arizona, California, Nevada and Oregon. Anchoring the asset package are the Lehigh Cement Redding and Tehachapi, Calif. plants, with…

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NRMCA – Commitment to Environmental Excellence Awards

The National Ready Mixed Concrete Association honors 11 plants and their owners in the 2020 Environmental Excellence Awards program. Now in its 25th year, the competition offers NRMCA producer members national recognition for outstanding contributions to protecting the environment and maintaining sound management practices in their operations. The awards salute operators that have not only met, but surpassed governmental compliance…

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PRODUCERS – MARCH 2020

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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.

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MANUFACTURERS – MAY 2019

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Charah Solutions, Inc., Kentucky-based fly ash processor and marketer, received two safety North Carolina Department of Labor awards last month for an outstanding record of employee safety in 2018—the eighth consecutive year the company garnered such recognition from the agency. The awards reflect Charah Solutions’ safety record at a structural fill project, Brickhaven Mine in Chatham County, and material management at Duke Energy’s Cliffside Steam Station in Shelby. Both sites received a Gold-level Certificate of Safety Achievement, the state’s highest safety award. The Gold Award is based on a days away, restricted or transferred (DART) rate that is at least 50 percent below the statewide benchmark for the industry. North Carolina Commissioner of Labor Cherie Berry presented the awards.

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PRODUCERS – MAY 2019

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With 30-plus ready mixed plants in Mississippi, Alabama, Louisiana and Tennessee, Jackson, Miss.-based Delta Industries has outlined a transition plan for retiring President and Chief Executive Officer Dave Robison, naming as his successor Executive Vice President and Chief Operating Officer J. Thomas Evans, Jr. Robison has been with Delta for 47 years, 25 at the helm, and chaired the National Ready Mixed Concrete Association in 2012. Evans has held his present roles for 25 years as well; his responsibilities are being split with the appointment of Lance Bonner as executive vice president and chief financial officer, and Lester Howell as senior vice president and chief operating officer.

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