mergers and acquisitions
Nye: 2023 was ‘best year’ in Martin Marietta history
Martin Marietta reported its fourth-quarter and full-year 2023 results Wednesday, with chairman and CEO Ward Nye offering perspective. Keep Reading
Armada Materials expands with another acquisition
The company established in 2023 added the assets of Wright Paving Contractors and Custom Stone of Fayetteville, Tennessee. Keep Reading
Martin Marietta makes another major deal
The company came to terms on a $2.05 billion transaction with Blue Water Industries that involves 20 aggregate operations across five states. Keep Reading
The dawn of a new era for the aggregate industry
A number of aggregate producers are exploring the possibilities of autonomy, artificial intelligence and electric power for industry applications. Keep Reading
Cemex CEO reflects on fourth quarter, year-end 2023
Cemex’s Fernando González offered a written commentary upon the release of the company’s latest financial results. Keep Reading
Peckham Industries acquires Gorman Group asphalt terminal
The acquired asphalt terminal in Rensselaer, New York, is the largest privately held asphalt terminal on the East Coast, according to Peckham. Keep Reading
Kadant purchases KWS Manufacturing
The company manufacturing conveying equipment for the bulk material handling industry was acquired in an $84 million deal. Keep Reading
Martin Marietta acquires Albert Frei & Sons
Albert Frei & Sons is the nation’s 54th-largest crushed stone producer, serving the Denver market. Keep Reading
Summit Materials completes merger with Argos USA
The $3.2 billion combination, which the companies announced back in September, was approved this month. Keep Reading