The use of non-compete clauses, or even entire agreements, are an integral part of the American employment landscape, especially at the C-Suite level, but often in middle management and sales positions as well. Our firm has a large and diverse client base, all focused in the construction materials industry, and the use of non-compete clauses or agreements are all over…
Read MoreMonth: July 2024
EPA Just Hit an Industry Home Run
When it comes to the Environmental Protection Agency (EPA) suffice it to say, that the industry has had its fair number of conflicts with the agency over regulations and enforcement. So it is a banner day when we can say that EPA did something good for the industry. On July 16, EPA announced the selection of 38 “Reducing Embodied Greenhouse…
Read MoreFirst Look – August 2024
TOP NEWS Heidelberg MaterialsHeidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Holcim USHolcim US has acquired King William Sand & Gravel Co. Inc., a private company with a long-standing presence in King William County, Va. With this strategic transaction, Holcim…
Read MoreCommentary: The Mining Law of 1872
The Law Does Not Limit the Number of Mill Sites that Claimants Can Locate. By Martin P. Stratte The Mining Law of 1872 allows people to prospect for valuable minerals on public lands. Prospectors can “locate” or “stake” mining claims. Claimants can also locate “mill sites” for milling or other mining-related activities.[1] Mill sites can be used for processing facilities and…
Read MoreKomatsu Achieves Major Autonomous Milestones
With a fleet of more than 750 autonomous haul trucks commissioned worldwide, Komatsu customers have hauled more than 10 billion metric tons of material and are adding to that milestone at a rate of more than 6 million metric tons per day. Additionally, 10 Komatsu autonomous trucks have achieved a benchmark of 100,000 autonomous hours each, a first in the mining…
Read MoreCalifornia Reclamation
July 30, 2024 – Once a mining pit, a long-unused quarry in Orange, Calif., is on track to become a nature preserve, the city of Orange announced. Owners of the 14-acre Chandler sand and gravel basin on Santiago Canyon Road, dubbed by East Orange residents the “Chandler Pit,” have agreed to donate the basin to the city in exchange for rights…
Read MoreEagle Materials Scores Record Revenue, Earnings
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2025 ended June 30, noting record revenue of $608.7 million, up 1%; and record net earnings of $133.8 million, up 11%. Commenting on the first quarter results, Michael Haack, president and CEO, said, “Fiscal 2025 is off to a solid start for Eagle, with record revenue of $608.7…
Read MoreNorth American Acquisitions Drive Heidelberg Materials’ Second Quarter
Heidelberg Materials reported solid performance in the second quarter of 2024. While revenue declined slightly in comparison with the same quarter of the previous year, by €71 million or 2% to €5,506 million (previous year: €5,577), the company increased its result from current operations (RCO) by €40 million or 5% to €971 million (previous year: €931) in a persistently challenging…
Read MoreSuperior’s Expansion in Arizona Yields First Equipment
Superior Industries Inc. said crews at its Arizona manufacturing facility recently celebrated the first piece of finished equipment to exit the newly expanded operations.
Read MoreHeidelberg Materials Acquires Carver Sand & Gravel
Heidelberg Materials North America announced that it has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, N.Y., area. Included in this acquisition are four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million metric tons of reserves and about 200 employees. Heidelberg Materials and…
Read More