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…
Read MoreReports from Arizona and California
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.
Read MoreSeeking Cement
April 28, 2015 – I am blogging live this week from the 57th Annual IEEE-IAS/PCA Cement Industry Technical Conference in Toronto, Ontario.
Read MoreDecember Impact Inspections Target Cement Plant
The Mine Safety and Health Administration (MSHA) announced that federal inspectors issued 135 citations, 24 orders and one safeguard during special impact inspections conducted at 11 coal mines and two metal and nonmetal mines in December.
Read MoreMartin Marietta + Texas Industries?
January 25, 2014 – The word on the street is, Martin Marietta Materials is in advanced talks to buy the industry’s 14th largest crushed-stone producer,Texas Industries (TXI). An all-stock deal could be announced as early as this coming week, according to my sources.
Read MoreLafarge Will Fund Green Projects
Under an agreement with U.S Environmental Protection Agency, the U.S. Department of Justice and New York State, Lafarge North America Inc. has agreed to fund $1.5 million in projects to reduce air pollution in the community surrounding its Ravena, N.Y., cement plant. The agreement also provides Lafarge additional time to reduce air pollution from the cement plant. A March 2010…
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