Chaney Enterprises Announces New Concrete Plant in Virginia

Aggregates and ready-mix concrete ready-mix concrete producer Chaney Enterprises announced the opening of its Norfolk concrete plant in Virginia. Chaney Enterprises’ new ready-mix concrete plant in southeastern Virginia is tactically placed in proximity to downtown Norfolk, the Norfolk Naval Shipyard, the Naval Operations Base (NOB), Norfolk International Airport, Little Creek Amphibious Base and the southside shipyards. The Norfolk concrete plant,…

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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 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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Aggregates Industry Market Report

In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore The Aggregates sector recorded healthy demand throughout 2021 with leading public players reporting strong revenue growth. Merger and acquisition (M&A) activity also reached elevated levels as sector participants…

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Chaney Buys Concrete Plant

Dec, 29, 2017 – Chaney Enterprises has purchased a ready-mix concrete plant in Bealeton, Va. The plant, acquired from Lehigh Hanson, will provide increased production capabilities and another easily accessible location to a growing number of customers in Virginia. It brings the number of Chaney concrete plants to 18, according to the company. Chaney also operates aggregates plants, distribution terminals, and…

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Summit Materials’ Aggregates Revenues Spike Higher in First Quarter

Summit Materials Inc. announced results for the first quarter 2017. For the three months ended April 1, 2017, the company reported a net loss of $52.4 million, compared to a net loss of $21.1 million in the prior-year period. On an adjusted basis, Summit reported a net loss of $54.8 million, versus a diluted net loss of $42.5 million in…

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