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Cemex Invests in New Safety Technology Company

Cemex Ventures announced that it invested in PRYSMEX, a Mexico-based startup that offers a solution capable of detecting and helping to prevent workplace accidents through the Internet of Things and real-time data collection.

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New Lime Plant Set for California

Panamint Valley Limestone Inc. announced development of a lime plant in Trona, Calif. The $45 million plant will be the only producer of lime in the state of California, where currently all lime used is imported from out of state. The plant is expected to create 30 to 40 well-paying jobs.

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Eagle Materials Buoyed by Heavy Materials Operating Earnings

Eagle Materials Inc. reported record revenue of $1.4 billion, up 14 percent for fiscal year 2018; and record revenue of $284.7 million, up 2 percent for its fiscal fourth quarter ended March 31, 2018.

Read more: Eagle Materials Buoyed by Heavy Materials Operating Earnings

Four Corners Materials Donates Land

Four Corners Materials, a division of Oldcastle Materials, donated 40 acres of what once was an aggregates operation to the City of Farmington, N.M., for use as “green space and waterfront recreation,” according to a press release from the city and the River Reach Foundation.

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New Enterprise Completes Strategic Acquisition; Divestiture

New Enterprise Stone & Lime Co. Inc. (NESL) of New Enterprise, Pa., announced that on May 4 it acquired certain assets of Popple Construction Inc. and Pioneer Aggregates Inc., consisting primarily of one aggregate plant, one hot mix asphalt plant and a paving laydown business.

Read more: New Enterprise Completes Strategic Acquisition; Divestiture