Summit Materials Inc. announced results for the fourth quarter and full year of 2015. In the fourth quarter of 2015, the company introduced a Cement Segment as a new segment and reclassified its segments into West, East and Cement.
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Wade Joins Summit Board of Directors
Summit Materials Inc. announced that its board of directors has appointed Anne Wade as a new independent director, also serving on the Audit Committee. Wade has more than 20 years of financial experience primarily in infrastructure sectors including the global building materials and construction industries. With the appointment of Wade, Summit’s board now comprises seven members. Tom Hill, CEO of Summit,…
Read MoreRock Products’ Aggregate Industry Market Report
In This Exclusive Third-Quarter Analysis Prepared For Rock Products, Headwaters MB Looks At Current Market Trends Such As Mergers And Acquisitions, Aggregate Production And Pricing. By Brian Krehbiel
Read MoreKey Aggregates Producers Praise FAST Act
President Obama has signed the Fixing America’s Surface Transportation (FAST) Act into law, a bill that sends a signal to the construction markets that five years of growth are ahead.
Read MoreSummit Materials Acquires LeGrand Johnson
Summit Materials Inc. has completed the acquisition of LeGrand Johnson Construction Co., a vertically integrated construction materials company based in Utah and servicing the northern and central Utah, western Wyoming and southern Idaho markets.
Read MoreSummit Materials Completes Cement Plant, Distribution Deal
Construction materials producer Summit Materials Inc. has completed its previously announced acquisition of a 1.2 million short ton capacity cement plant in Davenport, Iowa, along with seven cement distribution terminals from Lafarge North America Inc., for a purchase price of $450 million in cash, plus an exchange of Summit’s Bettendorf, Iowa cement distribution terminal.
Read MoreYoung Leaders, Frac Sand and More
Rock Products is very pleased to be a partner with the National Stone, Sand and Gravel Association (NSSGA) in supporting its Young Leaders.
Read MoreSummit’s Hill Reaches the Peak
SUMMIT MATERIALS RAISED $400 MILLION IN ITS RECENT IPO. HERE’S WHAT CEO TOM HILL HAD TO SAY ABOUT IT. By Mark S. Kuhar Summit Materials was formed to acquire and grow building materials companies in the aggregates, ready-mix concrete, cement, asphalt paving and construction industries. By teaming up with established local businesses, the company is committed to creating value, providing…
Read MoreSummit Materials Plans IPO
Summit Materials Inc. is planning an initial public offering, according to a filing made with the U.S. Securities and Exchange Commission. The company hopes to raise to raise between $376 to $432 million.
Read MoreTom Hill
If there is a company on the grow, it is Summit Materials. Chief Executive Officer Tom Hill is the driving force behind the company, which has made a number of acquisitions this year. Tom has also held a variety of leadership roles in the transportation industry. He served as Chairman of the American Road and Transportation Builders Association from 2002…
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