aggregate producers
Vulcan Materials’ stock takes hit as battle continues
The takeover battle between Vulcan Materials Co. and Martin Marietta Materials Inc. continues. Bloomberg News reports that Vulcan Materials' stock fell below Martin Marietta’s hostile bid price last week, "indicating investors doubt that the $5.5 billion all-stock transaction will succeed."… Keep Reading
New association in planning stages
A new association is in the works, possibly called the International Society of Engineered Sand. Reports are that it is a new group for individuals interested in manufactured/engineered sand, and they are looking for people interested in forming a steering… Keep Reading
Lafarge appoints new leaders in Eastern, Western Canada
Bob Cartmel has been appointed by the Lafarge Group as its senior leader for all markets and product lines in Eastern Canada, and René Thibault has been appointed to the same position in western Canada. Cartmel's responsibilities include all operational,… Keep Reading
The industry is changing
Pit & Quarry magazine has been around for nearly 100 years, and looking through old issues, I’m struck not by how much things have changed, but by how much things have stayed the same. Go to the “Looking Back” page at… Keep Reading
National Lime and Stone announces organizational changes
The organizational structure of the National Lime & Stone Co. has been changed to meet the challenges of increased market complexity and support the future growth of the company, Carleton P. Palmer, chairman of the board and CEO, announced. Palmer said an… Keep Reading
Knife River names president of North Central Region
Knife River Corp. promoted John Quade to president of its North Central Region, which encompasses Minnesota, North Dakota, South Dakota, Iowa and Nebraska, the company announced. He will lead the company’s construction and construction materials operations in those states. Prior to… Keep Reading
MSHA reports reduction in penalties on aggregate producers
According to MSHA data and reported by NSSGA, penalty assessments imposed on aggregate producers in 2011 declined by 18 percent, to $16.9 million from $20.6 million in the previous year, while citations and orders declined by the same amount. While a number of… Keep Reading
Vulcan, Martin Marietta await arguments in takeover trial
Vulcan Materials and Martin Marietta Materials completed four days of a trial in Wilmington, Del., arguing Martin Marietta's hostile takeover attempt of Vulcan. According to reports, Judge Leo Strine Jr. asked lawyers for post-trial briefings before final arguments are held during the week… Keep Reading
Disaster dollars
Money for highways means money for aggregate producers, and 2012 brings hope of a new highway-funding bill. For the first time since the previous bill expired in 2009, I’m optimistic that a reauthorization will finally get passed. But in a… Keep Reading
