Arcosa to add Ameron Pole Products to Portfolio

Aggregate, barge and utility structures producer Arcosa Inc. has announced a definitive agreement to acquire Ameron Pole Products LLC from Houston-based NOV Inc. The $180 million cash deal involves four Alabama, California and Oklahoma operations offering prestressed concrete or steel poles for a broad range of infrastructure applications, including lighting, traffic, electric distribution, and small-cell telecom.  Ameron Pole Products will…

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Arcosa Construction Products Revenues Up in Second Quarter

Arcosa Inc. announced results for the second quarter ended June 30, reporting revenues of $584.8 million versus $602.8 million in the second quarter of 2022, a 3% decrease. Construction Products revenues increased 8% to $264.8 million driven by higher pricing and volume growth in its recycled aggregates business, as well as organic volume growth and acquisition-related contribution in its trench shoring…

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Arcosa Construction Products Division Revenues Increase in First Quarter

Arcosa Inc. announced first quarter 2023 results, reporting $549.2 million in revenue, compared to $535.8 million in the first quarter of 2022, a 3% increase. In its Construction Products division, revenues increased 12% to $236.1 million primarily due to strong organic pricing across its businesses, which more than offset overall volume declines. Volumes for natural aggregates declined due to the deceleration…

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Arcosa Cites Progress Achieved in 2022

Arcosa Inc. announced results for the fourth quarter and full year ended Dec. 31, 2022. In the fourth quarter, revenues totaled $500.3 million versus $521.8 million in 2021. Construction Products segment revenues increased 5% to $221.9 million primarily due to strong organic pricing across its businesses that offset overall volume declines as well as the addition of RAMCO, the Southern…

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Arcosa Construction Products Revenues Up 7%

Arcosa Inc. announced results for the third quarter ended Sept. 30. The company is reporting revenues of $603.9 million, up 8% and net income of $32.0 million, up 35%, Construction Products revenues increased 7% to $244.2 million primarily due to strong organic pricing, partially offset by lower overall volumes. Wet weather and cement availability that constrained its ready mix customers and…

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Arcosa Construction Products Division Performs Well

Arcosa Inc. announced results for the first quarter ended March 31. The company is reporting: Revenues of $535.8 million, up 22%. Net income of $20.2 million and Adjusted Net Income of $20.9 million. Diluted EPS of $0.41, up 28%, and Adjusted Diluted EPS of $0.42, up 20%. Adjusted EBITDA of $73.4 million, up 30%. Operating cash flow of $24.5 million…

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