Holcim is reporting first-quarter 2024 net sales of CHF $5.586 billion, a 2.4% decline from CHF$5,725 in 2023. North America delivered margin expansion with a 3.9% increase in local currency recurring EBIT driven by strong underlying market demand. While the first quarter was impacted by fewer shipping days and adverse weather conditions, strong performance is expected to continue in 2024.…
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Awash in Success
EIW Sand Plants Have Served Silvi Materials Well Over The Past 25 Years. By Mark S. Kuhar Silvi Materials is a construction-materials supplier with 25 different locations across Pennsylvania and New Jersey. The family-owned business was founded in 1947 by Laurence Silvi to help companies, contractors and homeowners build a better future. Today, with sons John Silvi and Laurence Silvi…
Read MoreSRM Acquires R.W. Sidley, Elyria Concrete
SRM Concrete has acquired the assets of R.W. Sidley Inc. a ready-mix concrete supplier based out of Painesville, Ohio. This acquisition includes 11 ready-mix plants, one block plant and two aggregate docks. CEO Jeff Hollingshead stated, “We are excited to bring the Sidley team onboard here at SRM Concrete. We look forward to strengthening our customer service capabilities in the…
Read MoreSRM Acquires Vulcan Ready Mix Assets
SRM Concrete announced the strategic acquisition of Vulcan Materials Co.’s ready-mix assets in Texas. This significant expansion includes 82 ready-mix plants and 11 volumetric locations across the state. CEO Jeff Hollingshead stated, “We’re excited about welcoming more than 1,100 new team members to our SRM family. We will be gaining nearly 100 new locations and a significant amount of equipment,…
Read MoreSRM Concrete Acquires Gilliam Contracting Aggregate Transportation Assets
SRM Concrete has acquired aggregate transportation assets from Gilliam Contracting Inc. in Woodway, Texas. Chief Executive Officer Jeff Hollingshead stated, “We are looking forward to welcoming the Gilliam team into the SRM family and providing even better service to the Waco market. This acquisition will allow us to reliably service aggregate directly to our ready-mix plants and our customers.” In…
Read MoreDolese Celebrates Anniversary of Higher Education, Engineering Program
On July 21, three universities gathered at Dolese Bros. Co. headquarters in Oklahoma City to celebrate a decade of advancing engineering education together. When Dolese – Oklahoma’s largest supplier of ready-mix concrete, crushed stone, gravel and sand – was looking to give back to the communities it served, it focused on higher education. Carrying out the philanthropic vision of Roger…
Read MoreHolcim Reports Strong Start to Year in North America
Holcim reported net sales of CHF $5,725m and organic growth of 8% in the first quarter of 2023. The North America region delivered a strong start to the year in Cement, Aggregates and Ready-Mix Concrete, with strong market demand in both the United States and Canada. Roofing volumes were impacted by inventory normalization. Holcim’s roofing offer was further strengthened in…
Read MoreSummit Materials 2022 Aggregates, Cement Revenues Spike Higher
Summit Materials Inc. announced results for the fourth quarter and full year ended Dec. 31, 2022. All comparisons are versus the quarter ended Jan. 1, 2022 unless noted otherwise. Net revenue decreased $41.8 million, or 7.5% in the fourth quarter to $511.7 million, as increases in average sales prices across all lines of business were more than offset by lower…
Read MoreShortages Start to Ease
We have all suffered through the shortages and supply chain disruptions the pandemic thrust upon the global economy and threw manufacturing and retail inventories into a tizzy. But we are now witnessing the easing of shortages as ports become unclogged, factory workers return to their production jobs, and trucking and rail is stabilizing. For the aggregates industry, the shortages were…
Read MoreHolcim Acquires Pioneer Landscape Centers Quarries
Holcim acquired the sand and aggregates quarries of Pioneer Landscape Centers, a market leader in the fast growing metropolitan markets Denver, Phoenix and Colorado Springs, Colo., and a major supplier of construction aggregates for the region. The transaction includes 13 quarries and complements Holcim’s December 2022 acquisition of aggregate reserves in Greeley, Colo. The acquisitions will support Holcim’s growth in…
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