Summit founder, Oldcastle Materials architect Hill joins Knife River board

Sources: Knife River Corp., Bismarck, N.D.; CP staff Knife River shareholders have elected Thomas W. Hill, retired Summit Materials Inc. chief executive officer and longtime head of (pre-CRH Americas) Oldcastle Materials, as director for a three-year term. He serves on the Compensation plus Nominating and Governance committees, and fills the seat of Tom Everist, who was director since Knife River’s…

Read More

Oldcastle Materials, Vulcan, Lehigh Hanson lead sand & gravel ranks

Sources: U.S. Geological Survey; CP staff

The top 20 construction sand & gravel producers by volume accounted for 269 million metric tons (mt) or 30 percent of total shipments for 2016, the most recent year for which consolidated figures are available. The top 100 producers on USGS Commodity Specialist Jason Willett’s current ranking combined for 426 million mt, or 48 percent of agency-tracked 2016 sand & gravel production. The top 10 producers are Oldcastle Materials Inc., Vulcan Materials Co., Lehigh Hanson Inc., LafargeHolcim, Cemex USA, MDU/Knife River Corp., Martin Marietta Materials, Granite Construction Inc., Mitsubishi Cement Corp., and Summit Materials. 

Read More

Vulcan, Martin Marietta, Oldcastle top USGS crushed stone ranking

Sources: U.S. Geological Survey; Rock Products

The top 20 crushed stone producers accounted for 743 million metric tons, or 55 percent of the 2016 U.S. output, according to a report USGS Commodity Specialist Jason Willet prepared from the most current shipment data available. He also finds that the top 100 operators’ limestone and granite production totaled 1.02 billion mt, or 75 percent of industry shipments, in 2016. The 294 leading companies in his survey, representing 20 percent of operators tracked, were responsible for 1.21 billion mt or 89 percent of output. 

Read More

Oldcastle Materials, Vulcan veteran Brown named Forterra CFO

Sources: Forterra Inc., Irving, Texas; CP staff

Concrete pipe and precast drainage products leader Forterra has appointed Charlie Brown as executive vice president and chief financial officer. He previously served in the latter capacity at Atlanta-based Oldcastle Materials, leading more than 500 associates in finance, accounting, risk management and real estate personnel; implementing cost savings, Sarbanes-Oxley compliance and improved business reporting initiatives; and, participating in 100-plus acquisitions.

Read More

CRH plows $530M into Mulzer, companion North American deals from European asset sales

Sources: CRH Plc, Dublin; CP staff

The parent of Atlanta-based Oldcastle Materials Inc. has closed on seven deals year to date, led by the acquisition of one of the largest privately held U.S. aggregates producers: Tell City, Ind.-based Mulzer Crushed Stone Inc., spanning six quarries, five sand & gravel operations, 14 materials yards, plus four ready mixed concrete and three asphalt plants serving Ohio River and Kanawha River valley markets in Indiana, Kentucky and West Virginia.

Read More

Argos’ art of the nine-figure deal

By Don Marsh

Colombia-based Argos S.A. demonstrates in its latest investment the credit facilities and drive to build multiple U.S. cement and concrete platforms, perhaps competing for acquisitions with expansion-minded peers on the order of Oldcastle Materials and Summit Materials.

Read More

U.S. Concrete launches Caribbean platform, reshapes regional management

Sources: U.S. Concrete Inc., Euless, Texas; CP staff

U.S. Concrete has closed on the U.S. Virgin Islands’ principal ready mixed and aggregate source, Heavy Materials, LLC, plus the assets of peer operator Spartan Concrete Products, LLC. Their combined operations create a stronger vertically integrated platform to serve an extensive base of customers throughout the Virgin Islands and neighboring Caribbean islands.

Read More