Heidelberg Materials hosted a quarry tour at its Athens Quarry on Oct. 19, according to the Georgia Construction Aggregate Association. Legislative members attending included Sen. Frank Ginn, Rep. Houston Gaines, Rep. Spencer Frye and Rep. Marcus Wiedower. The Athens area has an outstanding delegation at the Capitol and this delegation is committed to solid infrastructure funding in our state, stated Jeff…
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Heidelberg Materials Reports Preliminary Financial Figures
Heidelberg Materials reported preliminary financial figures for the third quarter 2023, including revenue amounts to €5,611 million (previous year: €5,852) in the third quarter 2023. The capital market expects €5,694 million for this figure. The preliminary result from current operations before depreciation and amortisation (operating EBITDA) amounts to €1,393 million (previous year: €1,193) in the third quarter 2023. The capital…
Read MoreHeidelberg Materials Acquires Aggregate Assets of Bach & Co.
Heidelberg Materials North America has acquired the aggregate assets of Bach & Co. in New York. The assets include a sand and gravel site and additional high-quality reserves within the company’s existing northern New York footprint.
Read MoreSummit Materials Mystery Bidder Revealed
Oct. 25, 2023 – According to Bloomberg, Heidelberg Materials is the mystery bidder that Summit Materials referenced in a recent proxy filing. The company said it had rejected two takeover proposals from an unnamed suitor with the latest made on Oct. 18 for $38 per share. Bloomberg’s sources said Heidelberg has been working with advisers on its pursuit of Summit and made approaches…
Read MoreHeidelberg Makes Managing Board Changes
The supervisory board of Heidelberg Materials AG announced it has made changes regarding the composition of and succession within the managing board.
Read MorePublicly Traded Companies
The Industry’s Publicly Traded Companies Provide An IndustryBarometer When they Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30, reporting total revenues of $2.113 billion versus $1.954 billion in the second quarter of 2022; and a six-month total of $3.762 billion versus $3.495 billion for the same period in 2022. In the second…
Read MoreHeidelberg Materials Assesses First Half of 2023
Heidelberg Materials announced revenue increases of 8.5% to €10,473 million and “improvement in result” of 37.5% to €1,189 million for the first half of 2023. CO₂ emissions were reduced by a further 2.4%.
Read MoreHeidelberg Materials Celebrates 150th Anniversary
Heidelberg Materials celebrates its 150th company anniversary this year. On June 20th, a ceremony under the motto “150 years of progress” was held with guests and employees at the company’s headquarters in Heidelberg, Germany. “150 years of Heidelberg Materials – these are 150 years that have been shaped by people whose innovative spirit and courage have led to constant change.…
Read MoreVolvo, Heidelberg Partner for Emissions Reduction
Heidelberg Materials signed a collaboration agreement with Volvo Group with the potential to significantly reduce carbon emissions in the construction industry. The aim is to jointly investigate and develop how the loading and hauling needs of Heidelberg Materials can be solved with the help of electrified vehicles and related services. As part of the agreement, Volvo Group’s emission-free solutions, a…
Read MoreHeidelberg Materials Dedicates New Mitchell, Ind., Cement Plant
Heidelberg Materials Chairman Dominik von Achten, and Heidelberg Materials North America CEO Chris Ward, formally ushered in a new era for the company’s century-old cement plant in Mitchell, Ind., unveiling advanced material handling, calciner, kiln and finishing equipment equal to 2.4 million metric tpy. During a mid-June gathering – attended by SEMCO’s Cement Products, Concrete Products and Rock Products magazines – they showed customers,…
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