LafargeHolcim reported net sales growth of 5.1 percent in its fourth quarter. Four bolt-on acquisitions were completed in 2018 in Europe and North America, which drove growth and added to the company’s presence in Ready-Mix Concrete and Aggregates. These acquisitions had immediate impact on profitability and brought the company closer to its end-customers. Four more bolt-on acquisitions have been signed in 2019…
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2018 U.S. Aggregates Production
March 5, 2019 – You heard it here first. Preliminary 2018 total aggregates production numbers have been published by the U.S. Geological Survey (USGS). The numbers were revealed in its just-released 2019 Mineral Commodity Summaries publication. In 2018, 1.40 billion tons of crushed stone valued at more than $16.6 billion was produced by an estimated 1,465 companies operating 3,710 quarries and 176 sales…
Read MoreAstec Impact
March 5, 2019 – If you are seeking a barometer of the construction materials industry, Astec Industries is always a good place to look, as the company’s footprint is everywhere. Commenting on the company’s quarterly and full-year results, Richard J. Dorris, interim chief executive officer, stated, “We are pleased with the 17.4 percent growth in adjusted earnings for the full year. Our…
Read MoreIn Memoriam: Fred Gerstell
March 1, 2019 – The National Stone, Sand and Gravel Association (NSSGA) has informed us of the passing of A. Frederick Gerstell, who died Feb. 23, at the age of 81. Gerstell contributed greatly to the aggregates industry over his career with Alpha Portland Cement Co., California Portland Cement Co. and later as chairman and CEO of CalMat and Vulcan Materials. In 1999, he served…
Read MoreKnife River Adds New Texas Aggregates Deposits
MDU Resources Group Inc.’s subsidiary Knife River Corp. has acquired substantial additional aggregate deposits in Texas, which will augment existing company operations and enhance its ability to sell aggregates to third parties.
Read MoreTaking a Quantum Leap
Feb. 27, 2019 – If you are U.S. Concrete, that Polaris acquisition is paying huge dividends. For 2018, the company’s Aggregate products revenue increased a totally crazy 101.3 percent to $182.6 million. Aggregate products volume increased 79.3 percent to 11.1 million tons. For the fourth quarter of 2018, Aggregate products revenue increased 59.5 percent to $46.4 million. Aggregate products volume increased 41.0 percent to 2.7 million tons. “Polaris continues to provide…
Read MorePolaris Acquisition Drives U.S. Concrete Aggregates Gains
U.S. Concrete Inc. reported results for the full year and quarter ended Dec. 31, 2018. For 2018, the company is reporting:
Read MoreWhoa on WOTUS
Feb. 25, 2019 – Aggregates producers have until April 15 to submit comments that support a clearer Waters of the U.S. (WOTUS) rule. The comment period for the U.S. Environmental Protection Agency and U.S. Army Corps of Engineers proposed WOTUS “replacement” rule is open until April 15. It was released in December 2018, but the federal government shutdown slowed the rule’s publication in the federal register, thereby…
Read MoreCarmeuse Acquires Yager Materials
Carmeuse Lime & Stone announced that it has acquired Yager Materials and its subsidiaries. By acquiring Yager, Carmeuse expands its presence in the construction market.
Read MoreAGG1 Takes Indianapolis by Storm
The aggregates industry literally took Indianapolis by storm, as more than 10,000 people attended the 2019 AGG1 Academy & Expo and World of Asphalt shows. Rain, sleet, snow and high winds couldn’t prevent record-setting attendance numbers.
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