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.
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Martin Marietta Takes First Quarter Hit; Bluegrass Acquisition Moves Forward
Martin Marietta Materials reported results for the first quarter ended March 31, 2018. The company is reporting revenues of $802 million versus $843.9 million in the first quarter of 2017.
Read MoreAcquisition Activity Impacts Granite Construction’s First Quarter
Granite Construction Inc. reported a net loss of $11.4 million for the quarter ended March 31, 2018, compared to a net loss of $23.8 million in the first quarter of 2017. First quarter 2018 results include the impact of acquisition expenses related to Granite’s announced and pending acquisition of Layne Christensen Co. and from its recently completed purchase of LiquiForce.
Read MoreMartin Marietta Finalizes Bluegrass Acquisition
Martin Marietta Materials Inc. announced that it successfully completed its previously announced acquisition of Bluegrass Materials Co., described as “the largest privately-held, pure-play aggregates company in the United States,” for $1.625 billion in cash.
Read MoreMDU Resources Group Inc. Acquires Teevin & Fischer
MDU Resources Group Inc. has acquired the operations of Teevin & Fischer Quarry LLC, a leading aggregate producer on the north Oregon coast.
Read MoreVulcan Sells Ready-Mixed Plants to Thomas Concrete
Vulcan Materials Co. sold eight operational ready-mixed concrete plants, and 13 that are currently idle or in standby mode, to Thomas Concrete Group. The plants are located in Georgia.
Read MoreGranite Construction Acquires LiquiForce
Granite Construction Inc. has acquired LiquiForce, a privately-owned company which serves public and private sector water and wastewater customers in both Canada and the United States.
Read MoreU.S. Concrete Acquires Texas Aggregates Operation
U.S. Concrete Inc. acquired the assets of Golden Spread Redi-Mix, Inc. located in Amarillo, Texas. The acquisition includes 10 fixed ready-mixed concrete plants and a portable ready-mixed concrete division, consisting of five plants. The acquisition also includes an aggregates operation with extensive reserve life that is in close proximity to the Amarillo market.
Read MoreKomatsu America to Purchase Pine Bush Equipment
Komatsu America Corp., through its subsidiary F and M Equipment Ltd., has entered into a purchase agreement with PBE Group, consisting of Pine Bush Equipment Co. Inc. and East PBE Inc. The planned closing date for the sale is April 1. The new entity, to be named later, will assume PBE Group’s trade territory, which ranges from most of Connecticut…
Read MoreACG Materials Acquires Kelly Limestone
Industrial minerals and aggregates producer ACG Materials has acquired Kelly Limestone LLC. ACG Materials is part of the H.I.G. Capital group.
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