CEMEX, S.A.B. de C.V. announced continued solid top line growth, with second-quarter net sales of $4.080 million, an increase of 11%. Pricing was the main driver with cement, ready-mix and aggregates, increasing 16%, 12% and 14%, respectively.
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Hanson Buys Arizona Parcel for Aggregates Operation
Hanson Aggregates, a subsidiary of Lehigh Hanson Inc., bought 1,425 acres of land west of Buckeye, Ariz., for $16.5 million, according to real estate database Vizzda. Trey Champie of Headquarters West was the broker for the deal, and the seller was Resource Land Holdings, a private equity firm based in Denver.
Read MoreCemex USA Joins NRMCA’s Build with Strength Program
Cemex USA is tightening its bond with the National Ready Mixed Concrete Association (NRMCA) by joining the organization’s “Build with Strength” program, a campaign that shows how concrete is the best choice when it comes to construction.
Read MoreU.S. Concrete Expands in New York City
Ready mix and aggregates producer U.S. Concrete Inc. announced that it acquired the assets of Jenna Concrete Corp. located in Bronx, N.Y. Jenna has an established and respected market presence in the New York metropolitan area with approximately 25 years of experience serving the Manhattan commercial and residential high-rise market.
Read MorePB Materials Acquires Damron Sand & Gravel
PB Materials Holdings Inc. has completed the acquisition of substantially all of the assets of Damron Sand & Gravel. Damron is a leading provider of sand and gravel to the Lubbock, Texas, and surrounding markets with a significant reserve position in the region.
Read MoreReport: Cement, Ready-Mix Prices Remain Elevated
Current construction costs rose for the 31st consecutive month in August according to IHS and the Procurement Executives Group (PEG). The current IHS PEG Engineering and Construction Cost Index (ECCI) registered 53.0 percent in August, softer than the July reading, but still in positive territory.
Read MoreMore Merger Mania
April 5, 2014 – The word on the street is that Holcim and Lafarge are in advanced merger discussions. In statements, the companies emphasized that no agreement had yet been reached, and that there was no guarantee of a deal. But they pointed to a “strong complementarity” and “cultural proximity” between their operations. A merger would allow the companies to cut…
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