acquisitions
Martin Marietta acquires two Colorado-based companies
Martin Marietta Materials Inc. acquired two Colorado-based companies, growing its workforce by about 400 people, strengthening its long-term position in the state's southern market and complementing its presence in the metro Denver area. The larger of the two acquisitions, Colorado… Keep Reading
Terex Corp. receives acquisition proposal from Zoomlion
Terex Corp. received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $30 in cash. According to the company, the proposal is conditioned on receipt of… Keep Reading
Economist: Cautious optimism still rings true in 2016
Aggregate producers have been cautiously optimistic about growth these last few years, ever since the Great Recession took its toll on their businesses. Cautious optimism is still a fitting approach according to George Reddin, a managing director of FMI Capital… Keep Reading
Kaman to acquire Calkins Fluid Power
Kaman Corp., headquartered in Bloomfield, Conn., signed an agreement to acquire substantially all of the assets of Calkins Fluid Power. Terms of the sale were not disclosed. Calkins, founded in the 1920s and headquartered in Spokane, Wash., is an authorized distributor… Keep Reading
Purvis acquires Acadiana Bearing assets
Purvis Industries, headquartered in Dallas, acquired substantially all of the assets, brand rights, websites, personnel and intellectual property of Acadiana Bearing. Acadiana has one location in Lafayette, La., and serves a variety of customers in the oil and gas and… Keep Reading
U.S. Concrete acquires two operations
U.S. Concrete acquired Heavy Materials LLC and the assets of Spartan Concrete Products LLC, two integrated construction material operations in the U.S. Virgin Islands. Heavy Materials is a producer of ready-mixed concrete and aggregates. The operation has four ready-mixed concrete… Keep Reading
North America Frac Sand Inc. acquires frac sand deposit
North America Frac Sand Inc., headquartered in Calgary, Alberta, Canada, acquired North America Frac Sand (CA) Ltd. and its 30,000 acres of leases that are estimated to contain 6.4 million tons of recoverable reserves of frac sand, as well as… Keep Reading
Purvis acquires assets of two supply companies
Purvis Industries, headquartered in Dallas, acquired all of the assets, brand rights, websites, personnel and intellectual property of Industrial Mining Supply and Sun Belt Supply. Industrial Mining Supply has locations in Phoenix and Elko, Nev., and Sun Belt Supply services… Keep Reading
Superior Industries acquires crusher manufacturing plant
Superior Industries reached an agreement to purchase the assets of FLSmidth’s crusher manufacturing plant in Pekin, Ill. According to Superior, FLSmidth’s Pekin plant spans 70,000 sq. ft. The facility has been in production for 10 years and employs 30 production… Keep Reading
