Holcim Acquires Pioneer Landscape Centers Quarries

Holcim acquired the sand and aggregates quarries of Pioneer Landscape Centers, a market leader in the fast growing metropolitan markets Denver, Phoenix and Colorado Springs, Colo., and a major supplier of construction aggregates for the region. The transaction includes 13 quarries and complements Holcim’s December 2022 acquisition of aggregate reserves in Greeley, Colo. The acquisitions will support Holcim’s growth in…

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Holcim Names Kindler Chief Financial Officer

Holcim’s Board of Directors has appointed Steffen Kindler as chief financial officer (CFO) of Holcim and member of the group executive committee, effective May 1, 2023. Kindler will take over from current CFO Géraldine Picaud, who has decided to pursue other opportunities outside the company. Ensuring a smooth transition, Picaud will oversee the completion of Holcim’s 2022 annual results and…

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Holcim Reports Continued Record Performance; Green Growth

In the third quarter 2022, Holcim delivered another quarter of record results with net sales of CHF 8,045 million, up 16.3% on a like-for-like basis (LFL) compared to the prior year, or +10.4% of absolute growth. Net sales over the first nine months of 2022 were CHF 22,725 million, or 13.9% higher LFL than the prior-year period. Recurring EBIT reached…

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Holcim Diversified Business Grows

Oct. 4, 2022  – Holcim continued to diversify its business in different ways. The company has completed the acquisition of the Polymers Sealants North America (PSNA) division of Illinois Tool Works. PSNA is a leader in coating, adhesive and sealant solutions with 2022 estimated net sales of $100 million. With more than 150 employees and manufacturing plants in California, Arizona,…

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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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