mergers and acquisitions
Knife River splitting from MDU Resources, becoming independent company
MDU Resources expects the separation to be completed next year, with the Knife River headquarters remaining in Bismarck, North Dakota. Keep Reading
Martin Marietta sets several second-quarter records
Ward Nye, chairman and CEO of the nation’s second-largest aggregate producer, reflected on the company’s performance in April, May and June. Keep Reading
What to watch as the rest of 2022 unfolds
FMI Capital Advisors’ George Reddin delivered a construction materials market outlook at this month’s Pit & Quarry Roundtable & Conference. Find out what he’ll be paying attention to. Keep Reading
CRH makes $1.9B acquisition
CRH agreed to acquire Barrette Outdoor Living in a move that boosts the company’s architectural products business. Keep Reading
Holcim US acquires Louisiana-based ready-mix operation
Holcim US acquired the assets of Cajun Ready Mix Concrete, expanding Holcim's within Louisiana and the state's ready-mix concrete customers. Keep Reading
CRH, Summit make a deal
Summit Materials divested Kentucky-based Hinkle Contracting Co. to CRH Americas in a deal involving multiple aggregate operations. Keep Reading
Beumer Group acquires conveying systems supplier
Beumer Group and the FAM Group expect their transaction to be completed by the end of this month. Keep Reading
Momentum still on the industry’s side
Although inflation, rising interest rates and the supply chain present serious issues, plenty of runway remains for construction materials producers to grow. Keep Reading
Trimble to sell Loadrite, other businesses
While Loadrite has called Trimble home for the last nine years, it will soon have a new owner in The Jordan Company. Keep Reading
