Summit Materials Completes Cement Plant, Distribution Deal

Construction materials producer Summit Materials Inc. has completed its previously announced acquisition of a 1.2 million short ton capacity cement plant in Davenport, Iowa, along with seven cement distribution terminals from Lafarge North America Inc., for a purchase price of $450 million in cash, plus an exchange of Summit’s Bettendorf, Iowa cement distribution terminal.

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Martin Marietta to Participate in River Clean Up

Martin Marietta Materials will participate in this year’s 12th annual Upper Guadalupe River Authority (URGA) clean-up on July 25. The company will join more than 300 volunteers in an effort to preserve the Guadalupe River’s aesthetics and water quality. This will be Martin Marietta’s sixth consecutive year providing volunteers to the cleanup effort.

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Hanson Quarry Key to Chicagoland Flood Control

The Metropolitan Water Reclamation District of Greater Chicago (MWRD) has reached an agreement that will allow space for an additional 4.5 billion gal. of storage capacity for combined sewage and stormwater, reducing flooding in the south suburbs. The MWRD was granted an extension to its easement with Hanson Material Service Corp., which is mining the quarry. The $750,000 annual investment will allow…

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