Vulcan Materials Co. announced results for the third quarter ending Sept. 30, 2014. The company is reporting that total revenues increased $60 million, or 7 percent and gross profit increased $50 million, or 31 percent, while aggregates freight-adjusted revenues increased $66 million, or 14 percent. Average sales price increased 2 percent. Asphalt, concrete and cement segments gross profit improved $12…
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McLanahan, Continental Equipment Rescue Dexter Sand and Gravel
In 2011, Dexter Sand and Gravel was a 100-acre cornfield in Southeastern Missouri. Today, the site is a flourishing operation, producing concrete and masonry sand. Dexter Sand and Gravel is part of Delta Cos., a subsidiary of Colas USA. Delta owned another sand and gravel operation nearby to the current Dexter, Mo., site that was running out of reserves. So…
Read MoreEagle Materials Up; Aggregates Revenues Rise
Eagle Materials Inc. reported financial results for fiscal year 2014 and the fiscal fourth quarter ended March 31, 2014. Notable items for the fiscal year and quarter in relation to the prior year include: Fiscal year 2014 revenues of $898.4 million, up 40 percent. Fiscal year 2014 net earnings per diluted share of $2.49, up 104 percent. Fourth quarter revenues…
Read MoreIrving Materials Sponsors GeoFest
Irving Materials Inc. (IMI) sponsored GeoFest at the Indiana State Museum in Indianapolis. The three-day event is dedicated to the discovery of rocks and minerals. It draws in thousands of school-aged children, teachers and parents. This is fourth year that IMI has been the presenting sponsor of GeoFest. Beyond sponsorship, IMI employees and their families helped create a learning center…
Read MoreLafarge, Lehigh, Vulcan Lead Adoption of New Mobile Apps
After initial deployments with four major integrated producers and a top precast/prestressed operator, Catavolt has unveiled technology supporting rapid, low-cost development of custom apps providing geographic market intelligence and perspective, plus customer relationship management program-grade data.
Read MoreHolcim, Lafarge Announce ‘Merger of Equals’
Holcim and Lafarge announced their intention to combine the two companies through a merger of equals, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.
Read MoreVulcan Concludes Deal
Vulcan Materials Co. announced that it has completed the previously announced sale of the company’s cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million. Under a separate supply agreement, Vulcan will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years.
Read MoreCrushing Concrete
NEW PORTABLE CONE PLANT HELPS CONTRACT CRUSHER MEET URBAN RECYCLE DEMAND. By Carol Wasson Ever-growing epicenters for asphalt and concrete recycle crushing lie just beyond the outskirts of many American cities – a trending phenomenon due to regulations that curtail urban quarry operation; the cost-prohibitive transportation of virgin aggregate; an over-abundance of demolition material; and waste disposal bans. Consequently, the…
Read MoreBluegrass Buys Lafarge Assets in Maryland
Bluegrass Materials Co. reached an agreement to purchase the assets of Lafarge North America’s Maryland aggregates business, which includes operations in the greater Baltimore area and western Maryland.
Read MorePermian Basin Materials Gets Financing
GE Capital, Corporate Finance announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials LLC, a newly formed affiliate of WL Ross & Co. LLC (WL Ross).
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