Terex Washing Systems (TWS) opened a dedicated Centre of Excellence (COE) in Louisville, Ky. Following the appointment of a regional sales and distributor manager in North Amercia last year, coupled with the official launch of the AggreSand 165 in North Carolina in November 2013, demand and enquiries for TWS equipment has reached unprecedented levels, according to the company. To facilitate this…
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Martin Marietta Aggregates Volume Up in First Quarter
Martin Marietta Materials Inc. reported its results for the first quarter ended March 31, 2014. Net sales increased 10 percent, resulting in gross margin expansion and improved profitability, according to the company. Aggregates product line volume was up 8 percent. Ward Nye, President and CEO of Martin Marietta Materials, stated: “Our first-quarter 2014 results reflect the continued economic momentum from 2013’s…
Read MoreHolcim, Lafarge Announce ‘Merger of Equals’
Holcim and Lafarge announced their intention to combine the two companies through a merger of equals, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.
Read MoreMore Merger Mania
April 5, 2014 – The word on the street is that Holcim and Lafarge are in advanced merger discussions. In statements, the companies emphasized that no agreement had yet been reached, and that there was no guarantee of a deal. But they pointed to a “strong complementarity” and “cultural proximity” between their operations. A merger would allow the companies to cut…
Read MoreVulcan Concludes Deal
Vulcan Materials Co. announced that it has completed the previously announced sale of the company’s cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million. Under a separate supply agreement, Vulcan will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years.
Read MoreThe Word from Wirtgen
March 6, 2014 – At a ConExpo-Con/Agg media event, Wirtgen talked up its product line, including pavers, screeds, and especially its line of Kleemann portable crushing plants. The company’s Bruce McMonigle welcomed the trade press and stressed the fact that the company’s products run the gamut from construction to aggregates.
Read MoreConExpo-Con/Agg Kicks Off This Week
ConExpo-Con/Agg 2014 kicks off this morning in Las Vegas, and will feature new equipment, technology and product breakthroughs for the construction and aggregates industries. The show already covers a record-breaking 2.3 million net sq. ft. of indoor and outdoor exhibits, and IFPE 2014 has achieved record status with 165,000 net sq. ft. of exhibit space.
Read MoreJames Named Recipient of 2014 Wendt Award
The National Stone, Sand & Gravel Association (NSSGA) named Donald M. James, chairman and chief executive officer, Vulcan Materials Co., Birmingham, Ala., and a former chairman of NSSGA, as the recipient of the 17th annual Barry K. Wendt Memorial Commitment Award for his dedication to the construction aggregates industry, his family and his community.
Read MoreWho is Number One?
February 28, 2014 – Who is the largest aggregates producer in the United States? That is the question after Martin Marietta Materials’ acquisition of Texas Industries. Well, in 2013, according to data in public reports, Martin Marietta Materials reported 128,433,000 tons sold. TXI reported 14,600,000 tons sold for a combined total of 143,033,000 tons.
Read MoreVulcan’s Fourth-Quarter Profit Soars
Vulcan Materials reported that in the fourth quarter of 2013, net sales increased $78 million, or 14 percent, versus the prior year’s fourth quarter, as volumes continued to improve. Gross profit improved $38 million, or 48 percent, primarily on the strength of the volume growth and operating leverage in aggregates. Aggregates gross profit and profit margin increased $30 million and…
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