mergers and acquisitions
Mississippi Lime completes terminal acquisition
The company bought a terminal and rail assets in Kansas that L.G. Everist once owned and operated. Keep Reading
Reddin: Backlogs, continuing resolution should sustain industry through 2020
FMI Capital Advisors' George Reddin shares his expectations for the year’s remaining months and what's ahead for the aggregate industry. Keep Reading
‘Resilient’ demand, favorable weather drive Summit’s second quarter 2020
Although Summit Materials’ economic outlook is uncertain, the company completed its second quarter with a few quarterly financial records. Summit also detailed a recently-completed acquisition. Keep Reading
Sandvik acquires Allied Construction
Sandvik Mining & Rock Technology's purchase of Allied Construction Products enables it to expand its existing dealer network and penetrate new customer segments with a broader product offering. Keep Reading
What’s happening with capex and M&A?
FMI Capital Advisors’ George Reddin pays Pit & Quarry a visit, outlining the coronavirus pandemic’s impact on producer capital expenditures while exploring the merger and acquisition (M&Q) landscape. Keep Reading
Eagle Materials sells aggregate, concrete assets
The transactions involve Western Aggregates and Mathews Readymix, and they come after the company announced plans to separate its heavy and light materials businesses. Keep Reading
Virginia-based Luck Stone settling into Georgia
While the family-owned company has the largest quarry network in the state of Virginia, the company’s opportunity for growth resides largely away from its home base. Keep Reading
Acquisition expands U.S. Concrete’s East Coast presence
U.S. Concrete completed a deal with Coram Materials Corp. for $142 million, enhancing the company’s presence in New York. Keep Reading
Economic factors to consider in the new year, decade
Slow growth has replaced volatile, but robust, economic expansion in the United States. The market for construction materials in 2020 will be complex. Keep Reading
