Silvi Concrete, a division of Silvi Materials headquartered in Fairless Hills, Pa., announced the acquisition of all the assets of L&L Redi Mix Concrete, headquartered in Southampton, N.J. The acquisition consists of six New Jersey-based concrete plants located in Southampton, Woodbury, Voorhees, Cinnaminson, Kingston and Clayton, along with a concrete recycling facility and a masonry supply yard.
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Chaney to Open New Ready Mix Plant in Virginia
Aggregates, ready-mix, custom blends and construction supplies provider Chaney Enterprises will open a new concrete plant in Leesburg, Va., in the first quarter of 2022.
Read MoreVulcan Seeks to Expand Georgia Quarry
Vulcan Materials Co.’s quarry in Flowery Branch, Ga., is seeking to grow by nearly 30 acres. The company wants to add property off Friendship and Hog Mountain roads, which surround the quarry at 4195 Friendship Road, along with Blackjack Road. Two parcels being leased to residents will remain occupied, while remaining parcels are vacant, according to city documents, said The…
Read MoreVulcan Revenues Rise in Second Quarter
Vulcan Materials Co. announced results for the quarter ended June 30, reporting total second-quarter revenues of $1,361.0 million versus $1,322.6 million in the second quarter of 2020. Year-to-date revenues were $2,429.4 million versus $2,371.8 million for the same period in 2020.
Read MoreEagle Materials Reports Record Revenue
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2022 ended June 30, 2021. The company reported record revenue of $476 million, up 11%.
Read MorePacific Northwest Not Built For Heat
July 1, 2021 – Very interesting story on Wired. On Sunday, as temperatures hit 105, the concrete beneath State Route 544 outside Everson, Wash., began to do what concrete does when it gets really hot: It expanded. By 5 p.m., the asphalt above it had softened and cracked, leaving a thick, humped seam across two lanes. To the south, in Portland, Ore., a road on the…
Read MoreCondo Collapse Tragedy
June 29, 2021 – The tragic collapse of a condo complex in Florida once again shines a harsh light on the issue of infrastructure. This time, the concrete infrastructure of buildings. Per CNN, engineers who have reviewed the available information about the tower’s collapse say the investigation into its cause should focus on potential failures near the base of the building. Sinisa…
Read MoreConstruction School Could Build Opportunity
May 14, 2021 – Well, it seems like a good idea on the surface. Cleveland Mayor Frank Jackson announced plans to build an inner city construction school that includes a working concrete and asphalt plant. The project would be built around East 79th Street along the “Opportunity Corridor” that connects Interstates 490 and 77 to University Circle. The school would include a…
Read MoreSummit Materials Aggregates Volumes Rise 20.7%
Summit Materials Inc. announced results for the first quarter 2021, reporting that net revenue increased $56.1 million, or 16.4% in the first quarter of 2021 to $398.5 million, compared to $342.4 million in the first quarter of 2020, on higher aggregates, ready-mix concrete, cement, asphalt and paving revenue relative to a year ago on strong demand in most markets.
Read MoreU.S. Concrete Aggregates Product Revenue an All-Time High
U.S. Concrete Inc. announced results for the quarter ended March 31, noting consolidated revenue was $285.7 million, a decrease of $48.7 million, or 14.6%, compared to the prior year first quarter, primarily as a result of lower ready-mixed concrete volumes. Aggressive cost-containment measures, operating efficiencies and growth from the aggregate products segment helped to mitigate the impact on operating income from lower revenue.
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