Publicly Traded Companies

The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…

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Holcim Reports Record Sales in First Half

Holcim is reporting record net sales of CHF$14,681 million for the first half of 2022, up 16.9% in Swiss francs and 12.7% on a like-for-like basis compared to the prior year. The increase was driven by sales growth in all segments. Net sales in the second quarter alone were CHF$8,240 million, or 13.6% higher like-for-like than the prior-year period.

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Illinois Strike Ends With Agreement

International Union of Operating Engineers Local 150 members reached a tentative agreement with the Chicago Area Aggregate Producers Association. The agreement ends a strike that began June 7 at 35 Chicago-area facilities owned by Lehigh Hanson, Vulcan Materials Co. and Holcim.  The employers made what they described as a final offer on July 15, but union representatives said it was…

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Holcim Acquires Mathers Group in Eastern Canada

Holcim has acquired the quarry and asphalt businesses of Mathers Group Inc. in Quebec, Canada, including Carrière St-Eustache Ltée and Pavage St-Eustache Ltée. The acquisition will expand the Holcim Group’s footprint in the dynamic Quebec market, where infrastructure investment is projected to drive high growth across the Eastern Canada region. 

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Holcim, Habitat for Humanity Enter Partnership

Holcim and Habitat for Humanity have entered a partnership to accelerate access to affordable housing driven by an innovative digital platform. Together they are deploying an online affordable housing portal to enable low-income families to access finance as well as building materials and solutions in a safe and seamless way, with plans to scale up in Latin America, North America…

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Holcim Expands Ready Mix Presence in Louisiana

Holcim has acquired Cajun Ready Mix Concrete, the largest in its sector in the Baton Rouge, La., metropolitan area. The transaction will integrate Cajun’s expertise along with its eight ready-mix concrete plants, 108 employees and 51 mixer trucks. This acquisition adds to Holcim’s recent bolt-ons in ready-mix concrete, in line with its “Strategy 2025 – Accelerating Green Growth.”

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Holcim On The Move

May 16, 2022 – Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said.  “At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions,” Jenisch told a reporter from Reuters. “We…

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