TOP NEWS Patuxent and ChaneyPatuxent Companies and Chaney Enterprises announced a new partnership on the western portion of the Eastern Shore of Maryland as Pax-Shore Aggregates. With locations operated under the sites known as Bridgetown and Faulkner, the new partnership looks forward to supplying quality aggregates to the market. Rogers GroupRogers Group Inc. (RGI), the largest privately held construction aggregates…
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The AVP Pulse Index for April
April 23, 2025 – The AVP Pulse Index this month rose 0.8% month-over-month, while increasing 2.6% year-over-year; and 11.1% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly…
Read MoreFIRST LOOK – APRIL 2025
TOP NEWS Vulcan MaterialsVulcan Materials announced results for the quarter and full year ended Dec. 31, 2024. The company said solid operational execution drove margin expansion and its aggregates unit’s profitability growth. “Our aggregates-led business delivered a strong finish to the year. Adjusted EBITDA in the fourth quarter improved 16%, and Adjusted EBITDA margin expanded 370 basis points,” said Tom…
Read MoreThe AVP Pulse Index for March
March 27, 2025 – The AVP Pulse Index this month dropped 2.2% month-over-month, while increasing 4.2% year-over-year; and 10.5% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly…
Read MoreTHE PULSE – April 2025
THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS PIERRE VILLERE’S MARKET ASSESSMENTWhile sinking consumer sentiment has been widely reported since January in the face of rapid changes to our economy caused by new policies from Trump administration, the actual economic indicators look far worse, with almost every one of our algorithm inputs down since last month. It is a stunning reversal of…
Read MoreFirst Look – March 2025
TOP NEWS CemexCemex reported its fourth quarter and full-year 2024 results, with net income of $939 million, a record in the company’s recent history. Net sales decreased by 1% to $16,200 million in 2024 and remained flat at $3,811 million in the fourth quarter. Cemex’s operations in the United States reported sales of $5,194 million in 2024, a decrease of…
Read MoreThe AVP Pulse Index for February
Feb. 17, 2025 – The AVP Pulse Index this month rose 1.5% month-over-month, while increasing 5.6% year-over-year; and 12.9% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly…
Read MoreFirst Look – February 2025
TOP NEWSKnife River AcquisitionKnife River has entered into a definitive agreement to acquire Strata Corp., a construction materials and contracting services provider in North Dakota and northwestern Minnesota. Based on Strata’s projected 2025 Adj. EBITDA, the purchase price of $454 million reflects a multiple in the high single digits. Chaney Materials WebsiteMid-Atlantic and Southeastern Region construction materials supplier Chaney Enterprises…
Read MoreThe AVP Pulse Index for January
Jan. 20, 2025 – The AVP Pulse Index this month dropped 0.1% month-over-month, while increasing 5.9% year-over-year; and 11.4% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly…
Read MoreThe Consumer Strengthens
“It’s all over but the shouting.” The expression’s first use in print was in 1842, by Welsh sportswriter Charles James Apperley when reporting a late score in a sporting event. As so it is with the election, but as I have said many times before, election outcomes have near-zero impact on our businesses, and life goes on. Even before the…
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