Road to Prosperity
Dealmaking took center stage in a big way in 2024
Several mergers and acquisitions exceeding $1 billion went down this year involving companies like Martin Marietta and Summit Materials. Let’s look back. Keep Reading
Eagle Materials acquiring Bullskin Stone in $152M deal
Bullskin Stone & Lime serves the Pittsburgh and broader western Pennsylvania markets. Keep Reading
Vulcan Materials to acquire Superior Ready Mix Concrete
The acquisition deal in Southern California includes six aggregate operations, two asphalt plants and 13 ready-mixed concrete locations. Keep Reading
Optimism should continue into 2025 for aggregate producers, manufacturers
Producers and manufacturers are not only confident about next year’s prospects, but they like what’s shaping up for the years that follow. Keep Reading
ABC: Construction job openings down in October, year over year
The Associated Builders & Contractors (ABC) reports that construction job openings were down by 9,000 positions in October. They are down 164,000 positions year over year. Keep Reading
Konya Silica acquires Southern Ohio Sands, Beaver Pike Enterprises
As Konya Silica describes, the deal creates a ‘leader in high-quality silica sand production in the Appalachian region.’ Keep Reading
Knife River promotes company veteran Pladsen
Glenn Pladsen, who’s been with Knife River Corp. since 2007, will take over as vice president and chief excellence officer at the start of 2025 Keep Reading
USGS: Aggregate production dips further in third quarter
Aggregate production is down for the third straight quarter, according to the U.S. Geological Survey (USGS). Keep Reading
Done deal: Quikrete acquires Summit for $11.5B
The transaction combines Summit Materials’ aggregate, cement and ready-mixed concrete businesses with Quikrete’s concrete and cement-based products business. Keep Reading