Vulcan Materials elevates Florida Rock, U.S. Concrete veterans Baker, Pruitt

Sources: Vulcan Materials Co., Birmingham, Ala.  Vulcan Materials Chief Operating Officer Thompson S. Baker II has been promoted to president, assuming that title from Chief Executive Officer and Chairman Tom Hill. A veteran of Florida Rock Industries, which Vulcan acquired in 2007, Baker will continue to lead enterprise-wide strategic initiatives and support and advise the producer’s senior management team. Succeeding…

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USGS releases crushed stone, sand & gravel producer rankings

Nine publicly traded and four privately held companies populate the upper ranks of U.S. Geological Survey Mineral Commodity Specialist Jason Willett’s new “Top 100 Crushed Stone” and “Top 100 Sand & Gravel” producer surveys. Based on his analysis of 2021 shipments, here in descending order are the top players in each category:  Public companies based in North America are Cemex,…

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ENERGETIC POURS

Advance Ready Mix paces 500,000-yd. Battery Park contract BY DON MARSH Batching and deliveries for one of the largest concrete supply contracts in North America are proceeding six days a week, two 10-to 12-hour shifts per day on a 2.3-square-mile, Glendale, Ky. site. Advance Ready Mix and fellow project principals have no wiggle room on the schedule as owners Ford…

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Producers – July 2023

Vulcan Materials Co. was named as one of the top 200 Best Companies to Work For by U.S. News and World Report, concurrent with the producer’s inclusion in the 2023 Fortune 500 list of U.S. companies. When compiling the former list, U.S. News editors factor quality of pay and benefits; work/life balance and flexibility; job and company stability; physical and…

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SRM Concrete barrels into the Big Apple with USC-Atlantic/Vulcan deal

Tennessee-based SRM Concrete LLC capped a watershed year in December, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market share it entails, the transaction likely becomes the largest transfer ever of concrete production and delivery capacity in a major…

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SRM Concrete commands Metro NY market with USC-Atlantic/Vulcan deal

Sources: SRM Concrete LLC, Smyrna, Tenn.; CP staff SRM Concrete has put an exclamation mark on a watershed year, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market footprint it entails, the transaction stands to be the largest transfer…

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Cement, concrete producers stay in front of proposed climate rule

Environmental Protection Agency reporting measures and market mechanisms like the U.S. Green Building Council LEED rating system could position publicly traded portland cement, concrete and aggregate producers for seamless compliance with a proposed U.S. Securities and Exchange Commission rule on greenhouse gas (GHG) emissions and global warming risk disclosures. The subject of a public comment period closing this month, the…

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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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Vulcan Materials consummates U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff Texas-based U.S. Concrete Inc. has become a wholly-owned Vulcan Materials subsidiary with the completion of a stock buyout offer announced in June. The transaction, notes Vulcan Materials Chairman Tom Hill, “Is an important milestone as we welcome U.S. Concrete and its talented team while also taking the next step in our growth…

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Vulcan dives deep into ready mixed with U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff Vulcan Materials and U.S. Concrete have entered into a definitive merger agreement projected to close the second half of 2021. The former will acquire all U.S. Concrete common stock for $74 in cash, representing a total equity value of just under $1.3 billion. The agreement sets the stage for…

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