TOP NEWS BMC EnterprisesBMC Enterprises Inc. (BMC), the largest producer of aggregates and concrete in the St. Louis region, has completed acquisitions of Raineri Building Materials, Eureka Materials and Blue Grass Ready Mix within the last three months. Vulcan MaterialsVulcan Materials Co. released its Environmental, Social and Governance (ESG) report highlighting the company’s durable growth strategy, performance and progress on…
Read MoreTag: natural gas
MDU Resources Expects Second Quarter Spinoff of Knife River Corp.
MDU Resources Group Inc. submitted a confidential draft registration statement on Form 10 with the U.S. Securities and Exchange Commission in connection with the planned spinoff of its construction materials business, Knife River Corp. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. MDU Resources had announced on Aug. 4 its intent…
Read MoreFIRST LOOK – October 2022
TOP NEWSYork Building Products Acquires Union QuarriesYork Building Products acquired Union Quarries, a Carlisle, Pa.-based manufacturer of crushed stone, asphalt and ready-mix concrete products. Chris Wright, president of Union Quarries, noted, “We believe our customers and employees will be very pleased with the future course of the company, and look forward to this new chapter in our history.” PACA Holds…
Read MoreMDU Resources Publishes 2021 Sustainability Report
MDU Resources has published its 2021 Sustainability Report. Some of the highlights outlined in the report include: Ceasing operations at all wholly owned coal-fired electric generation facilities, with more economical options available to supply energy to customers. This will further reduce the company’s greenhouse gas emissions intensity as it makes progress toward its target of a 45% reduction from owned…
Read MoreFirst Look – August 2022
TOP NEWS Holcim Acquires Mathers GroupHolcim 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. GCAA Midyear Meeting a SuccessThe…
Read MoreCEMEX USA Adds Natural Gas Trucks to Southern California Fleet
CEMEX USA has added close to 40 low-emission natural gas-powered trucks to replace diesel powered vehicles in its Southern California fleet as part of efforts to achieve carbon neutrality throughout its value chain by 2050. CEMEX’s new state-of-the-art trucks, which started to be delivered in April, are all powered by low emission compressed natural gas (CNG) or renewable natural gas…
Read MoreFirst Look – June 2022
TOP NEWS Martin Marietta Hits Record RevenuesMartin Marietta Materials Inc. reported results for the first quarter ended March 31. The company is reporting record first-quarter consolidated revenues of $1.147.8 billion compared to $921.9 million in last year’s first quarter, a 24.5% increase. Vulcan Reports Strong QuarterVulcan Materials Co. announced results for the quarter ended March 31. Total revenues increased 44%…
Read MoreCaterpillar Acquires Tangent Energy Solutions
Caterpillar Inc. acquired Tangent Energy Solutions, an energy-as-a-service (EaaS) company that provides customers with turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizing electric grid support, and providing resiliency for customer operations. The acquisition of Tangent Energy also positions Caterpillar to work directly with utilities and energy providers to supply distributed energy resources (DERs) that rapidly grow…
Read MoreAggreko Introduces Ultra-Low Emissions Package for Energy Transition
Aggreko, a provider of mobile and modular power solutions, announced the launch of its 1300 kW Ultra-Low Emissions Package, a world-class power generation system that reduces up to 99% of all controlled emissions from generator exhaust streams. Tailored to fit any project situation, the Ultra-Low Emissions Package is designed to meet strict federal air quality restrictions for faster deployment and…
Read MoreFirst Look – February 2022
TOP NEWS Fred Weber Inc. Acquires General DrillingConstruction materials producer Fred Weber Inc., based in St. Louis, has acquired General Drilling Inc., based in Noblesville, Ind., which will become a wholly-owned subsidiary. Chaney Enterprises Acquires TW Block & Concrete AssetsChaney Enterprises will acquire the locally owned TW Block ready-mix concrete, masonry and aggregate-materials business located in Onley, Va., in the…
Read More