mergers and acquisitions
Martin Marietta to acquire Hanson assets in $2.3 billion deal
A report surfaced last year that HeidelbergCement was exploring a major asset sale on the West Coast. On Monday, Martin Marietta announced that it came to an agreement with the company on a $2.3 billion deal. Keep Reading
How Summit Materials fared in the first quarter
Net revenues and sales volumes tied to aggregate were up in the first quarter at Summit Materials, although average selling prices were down slightly. Keep Reading
Sponsored: 3 trends on the industry’s road to recovery
In this week's Road to Recovery video, Pit & Quarry's Kevin Yanik touches on aggregate pricing, mergers and acquisitions and the return of industry events. Keep Reading
New Enterprise Stone & Lime acquires Hempt Bros.
The acquisition includes three aggregate plants, four hot-mix asphalt plants, two ready-mixed concrete plants and more. Keep Reading
Aggregate business helps drive Arcosa’s first quarter
Construction products revenues – including aggregate, specialty materials and other materials – were up 3 percent at Arcosa during the first three months of 2021. Keep Reading
U.S. Concrete completes purchase in Bay Area
The company continues to diversify its regional assets and expand its terminal operations. Keep Reading
IPS acquires Delta Electric Motors, Eastside Electric Motors
With the acquisitions, IPS (Integrated Power Services) adds resources for customers from Alaska to California and across the West. Keep Reading
Knife River acquires aggregate business in Oregon
Knife River Corp. purchased Oregon’s Mt. Hood Rock, which represents the company’s ninth acquisition in the last three years. Keep Reading
Arcosa to acquire StonePoint in $375M deal
StonePoint Materials, with 20 locations across three U.S. regions, is one of the nation’s largest aggregate producers. Keep Reading