SRM Materials has acquired XIT Sand & Gravel in Channing, Texas, from Summit Materials. SRM Materials President Ryan Hollingshead stated, “We’re looking forward to welcoming this great group of team members aboard and partnering with them to produce and supply quality aggregate to the Texas panhandle.” Located approximately 60 miles northwest of Amarillo, this acquisition marks SRM Materials’ third aggregate…
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Permitting Update: North Carolina
Wake Stone Corp. plans to create a rock quarry on 105 acres it has leased from Raleigh-Durham International Airport. Now opponents of the quarry say they’ve discovered a 48-year-old surveying error that reduces the airport’s property by as much as 14 acres. They say that land was purchased by the National Park Service in 1937 and turned over to the…
Read MoreMartin Marietta Completes Blue Water Industries Transaction
Martin Marietta Materials Inc. has completed its previously announced acquisition of 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from affiliates of Blue Water Industries LLC (BWI Southeast) for $2.05 billion in cash. This portfolio-optimizing transaction improves the company’s product mix, margin profile and durability through economic cycles by adding another pure aggregates business to…
Read MoreCRH Acquires BoDean, Northgate in California
CRH announced the acquisition of BoDean Company Inc. and Northgate Ready Mix LLC in Santa Rosa, Calif. These acquisitions represent the first entry by CRH’s Materials Solutions business into the state of California and enhance CRH’s ability to provide integrated solutions to customers in the attractive Northern California market. Both companies complement CRH’s Materials Solutions business in the Western United…
Read MoreKnife River Publishes 2023 Sustainability Report
Knife River Corp. has published its first sustainability report as a stand-alone company. The report highlights the commitments Knife River has made to sustainable business practices. “At Knife River, our core values of People, Safety, Quality and the Environment guide our sustainability efforts,” said Brian Gray, Knife River president and CEO. “Our sustainability report showcases how each of these values…
Read MoreChaney Enterprises Agrees to Acquire Chandler Concrete
Chaney Enterprises announced its new partnership with Chandler Concrete Co. Inc. Founded in 1974 by Tom Chandler, Chandler Concrete is a family-owned and operated ready-mix, block masonry and hardscapes leader operating in North Carolina, Virginia, West Virginia,and Eastern Tennessee. Chandler Concrete is led by Ted Chandler and Bob Chandler and has a family of 500 team members. “Chandler Concrete is…
Read MoreAGG1/World of Asphalt Shatters Records with 38% Surge in Attendance
A record number of aggregates and asphalt professionals convened in Nashville for the largest AGG1 Aggregates Academy & Expo /World of Asphalt in the show’s history. Running March 25-27, the show set new records in both attendance and square footage. More than 15,800 industry professionals took in the three-day event in the Music City, exploring more than 440 exhibitors and…
Read MoreMark Helm Receives NSSGA’s Barry K. Wendt Award
The 2024 Barry K. Wendt Memorial Commitment Award was presented to Mark Helm of Dolese Bros. Co. during the National Stone, Sand & Gravel Association (NSSGA) Annual Board and Membership Meeting. “Mark is well-known for encouraging the long-term health of the aggregates industry through his commitment to the community,” said NSSGA President & CEO Michael Johnson. “His charitable work with…
Read MoreMartin Marietta’s Nickolas Named New NSSGA Board Chair
Jim Nickolas, executive vice president and chief financial officer of Martin Marietta, will be the next chair of the National Stone, Sand & Gravel Association (NSSGA). Outgoing Chair Seth Hankowski, All States Materials Group, handed off the gavel during a ceremony at the 2024 NSSGA Annual Convention. A video introducing Nickolas and showcasing the aggregates industry’s critical impact was also…
Read MoreDOE Nod Advances Heidelberg Materials’ $1B Carbon Capture Project
U.S. Department of Energy Under Secretary for Infrastructure David Crane announced his agency’s plan to negotiate an award up to $500 million to help fund a full-scale carbon dioxide capture, transport and storage facility at Heidelberg Materials’ recently upgraded Mitchell, Ind., cement plant. He outlined the prospective award during a March 25 gathering of 100-plus at the 2.4-million-mtpy capacity operation.
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