Summit Materials
Market insights: Q1 2016 construction materials update
FMI's George Reddin and Scott Duncan provide an overview of construction materials for the first quarter of 2016. Keep Reading
Summit Materials names new board member
Summit Materials Inc. appointed Joseph Cantie to its board of directors. With the appointment of Cantie, Summit now has eight members on its board of directors. Cantie will also serve on the board of directors’ audit committee. According to the… Keep Reading
Summit acquires Las Vegas operation
Summit Materials acquired Sierra Ready Mix LLC, an aggregates and ready-mix concrete business headquartered in Las Vegas. According to Summit, the acquisition gives it premier, well-located assets in an expanding market. Sierra operates a sand-and-gravel pit and two ready-mix concrete… Keep Reading
Summit Materials appoints new director
Summit Materials’ board of directors named Anne Wade, who also serves on its audit committee, as its new independent director. Wade has more than 20 years of financial experience in infrastructure sectors, including the global building materials and construction industries.… Keep Reading
Summit acquires LeGrand Johnson Construction
Summit Materials acquired LeGrand Johnson Construction Co., a construction materials company in Utah that services markets in northern and central Utah, western Wyoming and southern Idaho. LeGrand operates five sand and gravel pits, four ready-mix concrete plants and five asphalt… Keep Reading
Economics Pulse: Construction materials update
The second quarter of 2015 was largely positive for the construction materials sector. Summit Materials is performing well in the public market place, stock performance has improved and volume indications are on the rise owing to the private sector. The… Keep Reading
Economics Pulse: Construction materials update
The first quarter of 2015 brought four areas of interest to the construction materials sector: year-end earnings reports; the first initial public offering in the sector in more than a decade; continued anticipation of the industry’s merger of its two… Keep Reading
Summit signs agreement to acquire Lafarge cement plant, terminals
Summit Materials signed a definitive agreement with Lafarge North America to acquire Lafarge NA’s 1.2 million short-ton capacity cement plant in Davenport, Iowa, as well as seven cement distribution terminals for $450 million, reports Yahoo Finance. According to Yahoo, the… Keep Reading
Summit Materials debuts on NYSE
Summit Materials Holdings Inc. made its debut as a public company. Summit Materials, the 16th-largest producer on Pit & Quarry's 2014 MegaProducers list, opened at $19.90 a share on the New York Stock Exchange. According to the Denver Business Journal,… Keep Reading