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Oldcastle sells Ivy Steel and Wire

Oldcastle Inc. has sold substantially all of the assets of its Ivy (Ivy) Steel and Wire business for a total consideration of $51 million to Insteel (Insteel) Industries, Inc., one of the largest manufacturers of steel wire reinforcing products for concrete construction applications.

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Nugent Sand to Expand

Nugent Sand Co. was granted approval by the U.S. Army Corps of Engineers, Louisville District, to expand its operation in Utica, Ky.  Approval was granted for expansion on a permit issued in 2000, which will allow for additional barge fleeting, cleaning and minor repairs to be conducted at the company’s site in an embayment along the Ohio River between Marine Builders and Eagle Steel.

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Tri-Valley Sells Quarry in Alaska

California-based Tri-Valley Corp. said that it agreed to sell its Admiral Calder calcium carbonate quarry on Prince of Wales Island in Alaska to Columbia River Carbonates for a total purchase price of $2.5 million in an all-cash transaction.

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Graniterock Hosts Algebra Academy

Graniterock hosted more than 50 middle school students for an innovative, week-long Algebra Academy at its corporate office in Watsonville, Calif. As part of its continuing community outreach program, Graniterock has, for several years, partnered with Rolling Hills Middle School to provide support, tutoring and mentoring in a number of different academic areas including; math, science, English, and art.

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Lafarge Sells Asphalt Plant to M. Luis Construction Co.

M. Luis Construction Co. acquired an asphalt facility in Rockville, Md., from Lafarge North America Inc. and it plans to hire up to 100 employees in the next six months. M. Luis, which did not disclose financial terms of the deal, is a women- and minority-owned construction and paving company. Its new acquisition at 14811 Southlawn Lane can produce up to 300 tons of asphalt per hour and about 250,000 tpy. M. Luis plans to invest about $5 million in the plant this year.

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