Heidelberg Materials North America announced it is growing its South Carolina footprint with a new aggregates distribution terminal in Colleton County. Heidelberg Materials will construct a 71-acre aggregates-distribution terminal, located at 1616 Red Bank Road in Walterboro, to market crushed stone. With direct access to the Palmetto Railways Salkehatchie Subdivision rail line, the new operation will enhance the company’s Southeast…
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When Rocks Get Pricey
How Tariffs And Market Volatility Shake Up Construction. By Barry Hudson and Chris Summers The world of construction is built on a foundation of, well, rocks. Specifically, construction aggregates: crushed stone, sand and gravel. These seemingly humble materials form the backbone of everything from roads and bridges to homes and skyscrapers. But what happens when the cost of these essential…
Read MoreRogers Group Acquires Albany Quarry, Albany Asphalt, Jamestown Stone
Rogers Group Inc. (RGI), the largest privately held construction aggregates company in the United States, has expanded its presence in Eastern Kentucky and the Upper Cumberland area of Tennessee with the acquisition of Albany Quarry, Albany Asphalt and Jamestown Stone. This move grows RGI’s footprint in these areas, enhancing its ability to serve local communities with high-quality construction materials. The…
Read MoreChaney Enterprises, Patuxent Companies Form Pax-Shore Aggregates
Patuxent Companies and Chaney Enterprises announced a new partnership on the western portion of the Eastern Shore of Maryland as Pax-Shore Aggregates. With locations operated under the sites known as Bridgetown and Faulkner, the new partnership looks forward to supplying quality aggregates to the market. Patuxent Companies and Chaney Enterprises have rich histories in aggregate production, and logistics; the combined…
Read MoreBreedon Acquires Lionmark for $238 Million
Breedon Group plc announced the acquisition of Lionmark Construction Companies LLC for an enterprise value of $238 million. Lionmark Construction Companies, located in St. Louis, is one of Missouri’s largest and most diversified privately held companies. Its family of companies has been providing construction and material services for infrastructure projects throughout the Midwest since 1932 and continues to be an innovative,…
Read MoreQuikrete Completes Acquisition of Summit Materials
Quikrete Holdings Inc. has finalized its acquisition of Summit Materials for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt.
Read MoreBPGC Management Acquires PB Materials Holdings
A fund managed by BPGC Management LP announced that it has acquired a controlling, substantial majority stake in PB Materials Holdings Inc. (PBM), a leading producer of construction aggregates and ready-mix concrete in the Permian Basin region, from certain funds managed by WL Ross & Co. LLC.
Read MoreUSGS Revises 2023 Production; Names Top Producers
According to Jason Christopher Willett of the U.S. Geological Survey (USGS) revised production statistics for 2023 have been released. A total of 2.52 billion metric tons (Gt) of construction aggregates were produced for consumption in the United States in 2023, revised up from 2.50 Gt, valued at $36.8 billion. The top construction aggregate producing companies in 2023 were, in descending order of tonnage,…
Read More2025 Outlook/Forecast
The Aggregates Industry is at a Transition Point as 2025 Begins. So Where Will We Go From Here? By Mark S. Kuhar and Josephine Patterson As we head into 2025, we do so with encouragement, but also uncertainty. The Infrastructure Investment and Jobs Act (IIJA) – which made the single largest dedicated investment in American transportation infrastructure since the construction…
Read MoreTHE PULSE – JANUARY 2025
By Allen-Villere Partners THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS
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