Arcosa has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corp. and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan Statistical Area (MSA) through its network of five hard…
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Arcosa Revenues Up 9% in First Quarter
Arcosa Inc. announced results for the first quarter ended March 31, reporting revenues of $598.6 million, versus $549.2 million in the first quarter of 2023, an increase of 9%.
Read MoreFirst Look – April 2024
TOP NEWS Breedon GroupBreedon Group plc, a vertically integrated construction materials group in Great Britain and Ireland, announced the acquisition of BMC Enterprises Inc. The price was $300 million. BMC is a supplier of ready-mixed concrete, aggregates and building products headquartered in St Louis, with a strong track record of both organic and transactional growth. Rogers GroupRogers Group Inc. (RGI)…
Read MoreArcosa Construction Products Revenues Up 7%
Arcosa Inc. announced results for the third quarter ended Sept. 30, reporting revenues of $591.7 million versus $603.9 million during the same period in 2022, a 2% decrease.
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore
Read MoreArcosa Construction Products Division Achieves Large Increases
Arcosa Inc. announced results for the fourth quarter and full year ended Dec. 31, 2021. Fourth-quarter revenues were $521.8 million, up 14%. For the full-year 2021, revenues were $2.036.4 million, up 5%
Read MoreMSHA Reports First Fatality of 2022
The Mine Safety and Health Administration (MSHA) reported that on Jan. 7, a 49-year-old front-end loader operator with 15 years of mining experience died at Arcosa’s Fayette County, Pa., operation when a large rock fell from the mine roof, crushing the cab of the front-end loader. When the accident occurred, the victim was loading material from a recently blasted shot.
Read MoreMine Collapse in Pennsylvania Claims Victim
A miner who was trapped in a mine collapse in Fayette County, Pa., on Jan. 7 has died, according to a spokesperson for the Pennsylvania Department of Environmental Protection (DEP). The event was reported by CNN.
Read MoreArcosa Reports Record Revenues
Arcosa Inc. reported record third-quarter revenues of $559.1 million, up 14%; net income of $23.7 million; and adjusted net income of $27.8 million.
Read MoreMergers and Acquisitions
Several Blockbuster Deals And A Few Smaller Ones Highlight The Mergers And Acquisitions Landscape In The Aggregates Industry.
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