Chaney Enterprises has acquired Williams Sand & Clay, a family-owned business located in Eagle Springs, N.C. This strategic acquisition marks Chaney’s continued growth in North Carolina, adding a second aggregate location following the opening of Grifton Sand & Gravel in 2024.
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First 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 MoreChaney Launches New Website; Solar Initiative
Mid-Atlantic and Southeastern Region construction materials supplier Chaney Enterprises announced the launch of its newly redesigned website. The new website features a modern, streamlined design with improved navigation, making it easier for visitors to find the information and resources they need.
Read MoreCommand Alkon Announces 2024 Elevate Best of the Year Awards Winners
Command Alkon announced the winners of this year’s Elevate Best of the Year Awards. These prestigious awards honor individuals who have demonstrated exceptional performance within the Heavy Building Materials sector. Winners are selected based on nominations from industry peers, highlighting their significant contributions and achievements. “We are absolutely delighted to celebrate the remarkable winners of the 2024 Elevate Awards,” said…
Read MoreChaney Enterprises Hires Ullman as CFO
Chaney Enterprises appointed Matthew Ullman as chief financial officer (CFO), effective Aug. 19. Ullman will oversee all financial aspects of the company, bringing a wealth of experience and a strategic vision that aligns with Chaney Enterprises’ continued growth and commitment to excellence.
Read MoreChaney Acquires Maryland Ready Mix Plant
Aggregates and ready-mix producer Chaney Enterprises has expanded its footprint into Cockeysville, Md., with the acquisition of a new ready-mix concrete facility located at 10000 Beaver Dam Road. The plant will allow Chaney to further support and provide quality ready-mix concrete to the surrounding Baltimore region, the company stated.
Read MoreChaney Announces Plans to Spearhead New Boys & Girls Club
Chaney Cares, the philanthropic arm of Chaney Enterprises, announced plans to spearhead a brand-new Boys & Girls Club in Lothian, Md. This project is made possible through a partnership with the Boys & Girls Clubs of Annapolis & Anne Arundel County (BGCAA) and is set to bring a safe and inspiring space to young people in South County. The new…
Read MoreChaney Enterprises to Acquire Howard Sand & Gravel
Chaney Enterprises announced the pending acquisition of Howard Sand & Gravel. Howard Sand & Gravel is located in Mardela Springs, Md., and has been in business since 1956. Family owned and operated Howard Sand & Gravel has provided local markets with aggregates for many years under the leadership of Joe Beach. “Chaney Enterprises is excited to bring additional aggregates to…
Read MoreMerger Mania
Last month I noted the significance of Breedon’s foray into the North American aggregates market with its acquisition of BMC Enterprises. You can read my interview with Breedon executive Andy Arnold in this issue for a little inside information on that deal. But mergers and acquisitions activity in the aggregates industry is far from over. Here are some recent deals.…
Read MoreChaney Enterprises Agrees to Acquire Chandler Concrete
Chaney Enterprises announced its new partnership with Chandler Concrete Co. Inc. Founded in 1974 by Tom Chandler, Chandler Concrete is a family-owned and operated ready-mix, block masonry and hardscapes leader operating in North Carolina, Virginia, West Virginia,and Eastern Tennessee. Chandler Concrete is led by Ted Chandler and Bob Chandler and has a family of 500 team members. “Chandler Concrete is…
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