TOP NEWS Heidelberg MaterialsHeidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Holcim USHolcim US has acquired King William Sand & Gravel Co. Inc., a private company with a long-standing presence in King William County, Va. With this strategic transaction, Holcim…
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North American Acquisitions Drive Heidelberg Materials’ Second Quarter
Heidelberg Materials reported solid performance in the second quarter of 2024. While revenue declined slightly in comparison with the same quarter of the previous year, by €71 million or 2% to €5,506 million (previous year: €5,577), the company increased its result from current operations (RCO) by €40 million or 5% to €971 million (previous year: €931) in a persistently challenging…
Read MoreHeidelberg Materials Acquires Carver Sand & Gravel
Heidelberg Materials North America announced that it has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, N.Y., area. Included in this acquisition are four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million metric tons of reserves and about 200 employees. Heidelberg Materials and…
Read MoreHeidelberg Materials Acquires Pennsylvania; Texas Operations
Heidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Included with this acquisition are four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility, a construction services business and more than 350 employees. Earlier this…
Read MoreHeidelberg Materials North America Touts Quarry Life Award
Heidelberg Materials North America announced the kickoff of – and encourages participation in – the sixth edition of the Quarry Life Award, a nature-based competition across more than 15 countries worldwide. Researchers, students, local communities, NGOs and nature lovers can pitch ideas for sustainable quarry management and compete for cash prizes.
Read MoreHeidelberg Materials Launches Sixth Edition of Quarry Life Award
Heidelberg Materials launched the sixth edition of the Quarry Life Award, its nature-based competition, across more than 15 countries worldwide. Researchers, students, local communities, NGOs and nature lovers from around the world can pitch ideas for sustainable quarry management and compete for prizes totaling around €300,000 (US$322,411). The Quarry Life Award is in line with Heidelberg Materials’ commitment to working…
Read MoreHeidelberg Materials Revenue Decline Offset by Price Increases
Heidelberg Materials said it has made a solid start to the 2024 financial year, despite a revenue decrease of 8% to €4,488 million after a strong prior-year quarter. Poor weather conditions in key regions and a reduced number of working days in the first quarter of 2024 contributed to declining sales volumes. These were partially offset by positive price momentum…
Read MoreWomen in Aggregates Hosts Panel, Mixer at AGG1
On the first day of AGG1, Women in Aggregates (WIA) – formed by SEMCO Publishing, the parent company of Rock Products magazine – sponsored a successful AGG1 Academy session and networking mixer at the Music City Center in Nashville. The interactive “Finding the Next Generation of Women in the Aggregates Industry” panel featured Resa Furey, marketing & business development manager, Global Mining…
Read MorePlanting Mustard Seeds
Earlier this year, Jessica Palmer, executive director of the South Carolina Aggregates Association, shared an association LinkedIn post, simply titling it “Mustard Seeds.” The post highlights the importance of engaging the next generation and exposing them to the opportunities that exist in the trades. It noted that “change starts with us, and often times, making the greatest impact is as…
Read MoreDOE Nod Advances Heidelberg Materials’ $1B Carbon Capture Project
U.S. Department of Energy Under Secretary for Infrastructure David Crane announced his agency’s plan to negotiate an award up to $500 million to help fund a full-scale carbon dioxide capture, transport and storage facility at Heidelberg Materials’ recently upgraded Mitchell, Ind., cement plant. He outlined the prospective award during a March 25 gathering of 100-plus at the 2.4-million-mtpy capacity operation.
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