Heidelberg Materials Acquires Pennsylvania; Texas Operations

Heidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market.  Included with this acquisition are four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility, a construction services business and more than 350 employees. Earlier this…

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Solar Power to Give Cemex Plant a Boost

Cemex USA announced an off-site renewable energy agreement with Georgia Power for its Clinchfield cement plant as the producer increases its decarbonization efforts. “Embracing solar power not only accelerates our own aggressive sustainability goals but also sets a powerful example for the entire industry,” said Ernesto Felix, Cemex US senior vice president, cement operations and technical. “By integrating renewable energy…

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Heidelberg Materials Revenue Decline Offset by Price Increases

Heidelberg Materials said it has made a solid start to the 2024 financial year, despite a revenue decrease of 8% to €4,488 million after a strong prior-year quarter. Poor weather conditions in key regions and a reduced number of working days in the first quarter of 2024 contributed to declining sales volumes. These were partially offset by positive price momentum…

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The Value of Preventative Maintenance in Achieving Sustainability Goals

By Guilliaume Roeckel Keeping an eye on the wellbeing of your equipment and machines can greatly improve your sustainability efforts. For example, having preventative maintenance schedules in place can lead to up to 20% savings in raw material usage, as well as a 30% decrease in greenhouse gas emissions. So, if you’re actively trying to become more eco-conscious in your…

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Martin Marietta Aggregates Shipments Decrease, Profits Up

Martin Marietta Materials Inc. released results for the third quarter ended Sept. 30. The Building Materials business generated record revenues of $1.9 billion, a 10.5% increase. Gross profit increased 38.4% to a record of $649.5 million.. Third-quarter aggregates shipments decreased 7.3%, as softer demand in certain Midwest and Southwest markets was partially offset by continued strength in key Southeast markets.…

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First MSHA Silica Hearing Held

Aug. 9, 2023 – Louisville Public Media featured a good recap of the first Mine Safety and Health Administration hearing to gather comments on the recently proposed silica standards. The regulation would affect every mine, cement plant, and rock quarry in the country regardless of the material produced there. It would add protections for non-coal workers like requiring companies to…

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CalPortland Closes Redding Deal

July 1, 2022 – CalPortland announced that the purchase of the Redding cement plant and other assets from Martin Marietta Materials was successfully completed on June 30. In addition to the Redding cement plant in Northern California, the assets include related cement distribution terminals and 14 ready mixed concrete plants located in California. “We are pleased to welcome the new employees…

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Martin Marietta Update

May 3, 2022 – Martin Marietta Materials consolidated revenues crossed the billion-dollar mark in the first quarter of this year, according to its just-released report. Now that is a great start to the year, increased costs notwithstanding. The company also reiterated these “portfolio optimization” efforts that were recently reported. On March 1, the company announced a definitive agreement to sell its Redding…

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Reports from Arizona and California

The Town of Prescott Valley, Ariz., has expressed opposition to a proposed sand and gravel operation in two parcels immediately adjacent to Fain Park and StoneRidge Drive. Both parcels, owned by the Fain Family Limited Partnership, are in unincorporated Yavapai County. The town will not reissue a prior right-of-way permit that would have allowed transporting materials mined from the parcels…

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Summit Materials Completes Cement Plant, Distribution Deal

Construction materials producer Summit Materials Inc. has completed its previously announced acquisition of a 1.2 million short ton capacity cement plant in Davenport, Iowa, along with seven cement distribution terminals from Lafarge North America Inc., for a purchase price of $450 million in cash, plus an exchange of Summit’s Bettendorf, Iowa cement distribution terminal.

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