Vulcan Strikes Back

June 7, 2021 – In a blockbuster deal that has tongues wagging all over the industry, Vulcan Materials announced it has acquired U.S. Concrete. The stunning move comes on the heels of Martin Marietta’s acquisition of Lehigh Hanson Inc.’s West Region business – two huge industry acquisitions back-to-back. With 27 aggregates operations serving California, Texas and the Northeast that shipped 12.6 million tons in 2020,…

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Vulcan Materials Acquires U.S. Concrete

Vulcan Materials Co. and U.S. Concrete Inc. have entered into a definitive merger agreement. Under the terms of the agreement, Vulcan will acquire all of the issued and outstanding shares of U.S. Concrete common stock for a purchase price of $74.00 per share in cash, which represents a total equity value of $1.294 billion. The transaction has been unanimously approved…

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FIRST LOOK – MARCH 2020

TOP NEWS Martin Marietta Reports Most Profitable Year in Its History Martin Marietta Materials Inc. reported fourth quarter 2019 revenues of $1,100,430, up from $1,020,218 in the fourth quarter of 2018. Full-year 2019 revenues were $4,739,098, up from $4,244,265 in 2018. Sandbrook to Retire U.S. Concrete Inc. announced that William J. Sandbrook has notified the company’s board of directors of…

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FIRST LOOK – APRIL 2019

TOP NEWS Acquisition Means Positive Results U.S. Concrete noted in its fourth-quarter and year-end report, aggregate products revenue increased $91.9 million, or 101.3 percent for 2018 compared to the prior year. In 2018, aggregate products segment Adjusted EBITDA increased by $14.4 million to $41.6 million compared to the prior year.   Arcosa Reports In its fourth-quarter and year-end report, Arcosa Inc.…

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FIRST LOOK – OCTOBER 2018

TOP NEWS Cemex Makes Acquisition Cemex USA acquired a Blue Star Materials II aggregates operation in Chico, Texas, positioning the company for expansion in the Dallas-Fort Worth area. The 122-acre site and quarry plant is about 45 miles northwest of Fort Worth in Wise County and has more than 25 years of limestone reserves. U.S. Concrete Expands in Texas U.S.…

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FIRST LOOK – SEPTEMBER 2018

TOP NEWS U.S. Concrete’s Aggregates Revenue Rises Higher U.S. Concrete Inc. reported that consolidated revenue increased 18.6 percent to $404.2 million in this year’s second quarter, an all-time quarterly high. Aggregate products revenue increased 113.1 percent to $48.5 million, an all-time quarterly high. Martin Marietta Climbs to Record Q2 Revenues; Profits Martin Marietta Materials is reporting record revenues, profits and…

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FIRST LOOK – NOVEMBER 2017

TOP NEWS Chaney Enterprises Now Offers Limestone Via Rail Chaney Enterprises announced it will now offer limestone to its customers transported by a new railway just completed at the company’s plant in Waldorf, Md. U.S. Concrete to Buy Polaris U.S. Concrete Inc. announced that it has entered into an arrangement agreement with Vancouver, Canada-based Polaris Materials Corp. pursuant to which…

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