mergers and acquisitions
Knife River: Second-quarter results ‘below expectations’
Although weather took a toll on some operations, the company remains optimistic because of its record backlog and the state of infrastructure funding. Keep Reading
Knife River acquires operations in Minnesota, Oregon
The company made two bolt-on, aggregate-led acquisitions that expand its presence in the central part of both states. Keep Reading
Martin Marietta, Quikrete to trade operational assets
Martin Marietta is exchanging its remaining cement plant and related ready-mixed concrete facilities for aggregate operations in three states and Canada – plus $450 million in cash. Keep Reading
Heidelberg Materials acquires Burnco assets in Canada
The deal includes six aggregate sites, two asphalt plants and a bitumen storage terminal – plus more. Keep Reading
CRH to acquire Eco Material in $2.1B deal
Eco Material Technologies is headquartered in Utah and operates a national network of fresh and harvested fly ash, pozzolans, synthetic gypsum and green cement operations. Keep Reading
Douglas Rulmeca opens conveyor component plant in Alabama
The company hosted a grand-opening event in Pell City to celebrate the milestone. Keep Reading
Pronto acquires SafeAI
Together, Pronto and SafeAI will offer a tiered technology portfolio for operations ranging from small quarries to large mines. Keep Reading
Carmeuse acquires Michigan producer
Carmeuse Americas purchased Crandell Brothers Trucking, which expands its presence in the region. Keep Reading
Petro named CFO at Martin Marietta
Michael Petro, who has served the company in various capacities over the last decade, succeeds interim CFO Robert Cardin. Keep Reading
