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 MoreTag: Arcosa
Arcosa 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.
Read MoreArcosa Acquires Southwest Rock Products
Arcosa has acquired Arizona-based Southwest Rock Products LLC and affiliated entities for $150 million. Southwest Rock is a pure-play natural aggregates company serving the greater Phoenix metropolitan area with five active sand and gravel locations and one hard rock quarry producing approximately five million annual tons of construction aggregates.
Read MoreArcosa’s Construction Products Division Up in First Quarter
Arcosa Inc. announced results for the quarter ended March 31, including revenues of $440.4 million, down 10%, net income of $15.9 million and Adjusted Net Income of $17.6 million.
Read MoreArcosa Releases Sustainability Report
Arcosa Inc. released its 2020 Sustainability Report. The company said it is committed to integrating Environmental, Social and Governance (ESG) responsibility into its daily practices and long-term strategies. In support of that commitment, it has released its 2020 Sustainability Report, which can be found at www.arcosa.com/sustainability.
Read MoreArcosa Scores Big
March 23, 2021 – Antonio Carrillo, president and chief executive officer of Arcosa, noted in the company’s recent quarterly report, “We expect to continue to deploy capital to strengthen our current market positions and expand our geographic footprint.” The company just did that in spades with the acquisition of StonePoint Materials, one of the 25 largest aggregates companies in the United…
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