Eagle Materials Reports Record Revenue

Eagle Materials Inc. reported financial results for fiscal year 2022 and the fiscal fourth quarter ended March 31. For fiscal year 2022, the company is reporting: Record Revenue of $1.9 billion, up 15%. Net Earnings of $374.2 million, up 10%. Net Earnings from Continuing Operations of $374.2 million, up 12%. In the fourth quarter the company is reporting: Record Revenue…

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Holcim On The Move

May 16, 2022 – Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said.  “At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions,” Jenisch told a reporter from Reuters. “We…

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CRH Touts Good Start to the Year

CRH plc, the global building materials group, issued a Trading Update for the first quarter, noting: Positive start to the year, good underlying demand; First-quarter sales, EBITDA and margin ahead. Integrated solutions strategy continuing to deliver across all divisions. Year-to-date acquisition spend $0.6 billion; strong pipeline of opportunities. Albert Manifold, chief executive, said, “The continued delivery of our solutions strategy resulted…

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Reports from Michigan and Utah

A Michigan sand and gravel mine operator has issued a stern warning to officials in rural Washtenaw County after suffering a setback in its pursuit of permits for a new mine on 400 acres of farmland, according to Michigan Live. In a March 30 letter, an attorney for Michigan Materials & Aggregate Co., also known as Stoneco, threatened legal action…

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Summit Materials Aggregates Revenues Rise in Down Quarter

Summit Materials Inc. announced results for the first quarter ended April 2, reporting Net Revenue decreased $6.0 million, or 1.5% in the first quarter to $392.5 million, primarily resulting from divestitures completed in 2021, partially offset by increases in average sales prices. Operating loss increased $9.2 million, or 36.9% in the first quarter to $34.3 million, as timing of price…

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Hill Sees Bright Year Ahead

May 3, 2022 – Vulcan Materials just reported a big first quarter, with total revenues increasing 44% to $1.541 billion. Regarding the company’s full-year outlook, Tom Hill, Vulcan Materials’ chairman and chief executive officer said, “We reiterate our full-year Adjusted EBITDA range of $1.72 to $1.82 billion. In the first quarter, we capitalized on the considerable momentum in our business, growing…

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Kleemann

The Kleemann MOBICAT MC 120 Z PRO jaw crusher has a 32- x 48-in. (1200 mm x 800 mm) crusher opening that works together with the Continuous Feed System (CFS) and Load Reduction System (LRS). The LRS prevents damages from uncrushables while the CFS increases your production and reduces your wear cost. That’s technology engineered for you. Visit Kleemann online.

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Athabasca Reports Massive Gross Revenue Growth

In the fourth quarter of 2021, Athabasca reported consolidated gross revenue growth of 538% to $3.28 million vs. $0.5 million in Q4 2020 with a total loss and comprehensive loss of $0.64 million vs. $0.9 million in Q4 2020. The corporation increased its gross revenue by 494% to $12.1 million in 2021 vs. $2.0 million in 2020 with a total…

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MAJOR Offers On-Site Technical Services to Maximize Screening Performance

High-performance wire screening media manufacturer MAJOR works closely with its dealer network to offer complimentary on-site technical services for end users. Each program is designed to help producers and contractors in the aggregates, mining, construction and recycling industries to maximize uptime with their screen media and include local screening performance assessments, technical assistance, training workshops and more. “We strive to…

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