mergers and acquisitions
HeidelbergCement’s acquisition of Italcementi finalized
HeidelbergCement purchased the remaining Italcementi shares that had not been tendered in the mandatory tender offer. Keep Reading
U.S. Concrete acquires another concrete producer
The assets of Kings Ready Mix, a ready-mix concrete producer in Brooklyn, New York, were purchased. Keep Reading
HeidelbergCement to sell US assets
The company agreed to sell its Martinsburg, West Virginia, cement plant and eight related terminals. Keep Reading
Komatsu to acquire Joy Global in $3.7B deal
Komatsu America Corp. will acquire Joy Global Inc. in a transaction valued at about $3.7 billion. Keep Reading
NALC, Indian Creek Quarries enter agreement
NALC LLC entered into an agreement with the owners of Indian Creek Quarries (ICQ) LLC and Indian Creek Trucking LLC to manage all facets of the operations of ICQ. According to NALC, ICQ owns a limestone and dolomite surface mine… Keep Reading
What we can expect from the next aggregate associations
The aggregates industry’s history of trade associations is fairly typical. Since 1903, it has been represented by no less than eight separate organizations. Keep Reading
Summit to acquire Boxley Materials
Summit Materials Inc. signed a definitive agreement to acquire Boxley Materials Co., a vertically integrated construction materials company founded in 1892 and based near Roanoke, Va. The transaction is expected to close in mid-March, pending expiration of the standard regulatory… Keep Reading
Martin Marietta reports quarterly sales records
Martin Marietta Materials Inc., which released its fourth-quarter and 2015 year-end performance report, established quarterly company records for net sales and profitability. According to Ward Nye, chairman, president and CEO of Martin Marietta, strong pricing, disciplined execution of the company's… 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
