Knife River Corp. has acquired Mt. Hood Rock, further strengthening the company’s aggregate position in the growing Portland, Ore., metro area. Knife River is the construction materials subsidiary of MDU Resources Group Inc.
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Sandvik Discusses Allied Acquisition
What will Sandvik’s acquisition of Cleveland-based Allied Construction Products’ breakers and compactors mean to longtime distributors and end-users? “We are going to continue to do right what Allied has done right for many years,” said Jonas Lindqvist, who was named managing director of the company that is being renamed Sandvik. “That includes striving towards providing impeccable service to our dealers…
Read MoreArcosa Scores Big
March 23, 2021 – Antonio Carrillo, president and chief executive officer of Arcosa, noted in the company’s recent quarterly report, “We expect to continue to deploy capital to strengthen our current market positions and expand our geographic footprint.” The company just did that in spades with the acquisition of StonePoint Materials, one of the 25 largest aggregates companies in the United…
Read MoreArcosa Acquires StonePoint Materials
Arcosa, Inc. announced that it has reached a definitive agreement to acquire StonePoint Ultimate Holding LLC and affiliated entities from an affiliate of Sun Capital Partners Inc. for $375 million in cash.
Read MoreOldcastle Infrastructure Acquires Hancock Concrete Products
Oldcastle Infrastructure has closed a deal to acquire Hancock Concrete Products, which operates one storage yard and six plants in Minnesota, the Dakotas and Iowa.
Read MoreU.S. Concrete Completes Purchase of Orca Quarry Leased Land; Royalty Agreement
U.S. Concrete Inc. has purchased fee-simple property and the underlying royalty agreement associated with the Orca Quarry on Vancouver Island, British Columbia, Canada. The acquisition includes approximately 1,551 acres in four parcels of previously leased land.
Read MoreRogers Group Purchases Reed Contracting
Rogers Group Inc. (RGI) has purchased a quarry, sand plant, five asphalt plants and all construction assets of Huntsville, Ala.-based Reed Contracting Services. Since its inception in 1987, Reed has grown to be the leading provider of mass excavating, grading, underground utilities, asphalt paving and trucking services in Huntsville.
Read MoreClyde Companies Announces Leadership Changes, Acquisition
Clyde Companies Inc., the parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro, Scott Contracting, Beehive Insurance, GWC Capital, and Bridgesource has made several organizational changes in senior leadership.
Read MoreCommand Alkon Acquires Ruckit
Command Alkon has acquired Ruckit Inc., a transportation logistics platform for the heavy materials and construction industries. This transaction combines Command Alkon’s comprehensive construction materials toolset and CONNEX platform for heavy work with Ruckit’s innovative solutions for digital ticketing, invoice reconciliation and third-party hauler management for aggregate, asphalt, paving and trucking companies. Financial terms were not disclosed.
Read MoreKnife River Acquires McMurry Ready-Mix; Gets Aggregates Reserves
Knife River Corp. announced it has expanded its Intermountain Region footprint by acquiring the assets of McMurry Ready-Mix Co., an aggregates and concrete supplier based in Casper, Wyo. Knife River is the construction materials subsidiary of MDU Resources Group, Inc. and operates in 15 states.
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