TOP NEWS Summit-Quikcrete MergerSummit Materials Inc. has entered into a definitive agreement to be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction combines Summit’s leading aggregates, cement and ready-mix concrete businesses with Quikrete’s leading concrete and cement-based products business to create a vertically integrated,…
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First Look – December 2024
TOP NEWS Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended Sept. 30, reporting total revenues of $2,004 billion, versus $2,186 in the third quarter of 2023. Year-to-date, the company is reporting revenues of $5,564 billion versus $5,948 billion for the same period in 2023. Martin Marietta MaterialsMartin Marietta Materials Inc. reported results for the third quarter ended Sept.…
Read MoreFirst Look – October 2024
SEMCO Debuts AggNexusThe live event – held Sept. 9-10 on the University of Texas, Austin campus, and sponsored by SEMCO Publishing, parent company of Rock Products – engaged representatives of technology-savvy multinational or independent cement, aggregate, concrete and asphalt producers plus allied software developers or service providers. Wendling QuarriesDeWitt, Iowa-based Wendling Quarries announced that it is “honored and humbled to…
Read MoreFirst Look – September 2024
TOP NEWS Summit MaterialsSummit Materials Inc. announced results for the second quarter ended June 29, reporting that net revenue increased $395.1 million, or 58.1%, in the second quarter to $1,075.5 million. In the quarter, $464.0 million of net revenue was due to acquisitions, primarily the Argos USA transaction Martin Marietta MaterialsMartin Marietta Materials Inc. reported results for the second quarter…
Read MoreFirst Look – August 2024
TOP NEWS Heidelberg MaterialsHeidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Holcim USHolcim US has acquired King William Sand & Gravel Co. Inc., a private company with a long-standing presence in King William County, Va. With this strategic transaction, Holcim…
Read MoreFirst Look – June 2024
TOP NEWS Summit MaterialsSummit Materials, Inc. announced results for the first quarter ended March 30. Net revenue increased $366.0 million, or 89.9% in the first quarter to $773.2 million, including the partial quarter impact of the Argos USA assets. In the quarter, $378.5 million of revenue was recognized from recent acquisitions which more than offset a decrease of $21.7 million…
Read MoreFirst Look May 2024
TOP NEWS WIA takes part in AGG1 Academy?On the first day of AGG1, Women in Aggregates (WIA) – formed by SEMCO Publishing, the parent company of Rock Products magazine – sponsored a successful AGG1 Academy session and networking mixer at the Music City Center in Nashville. The interactive “Finding the Next Generation of Women in the Aggregates Industry” panel featured…
Read MoreWomen in Aggregates Hosts Panel, Mixer at AGG1
On the first day of AGG1, Women in Aggregates (WIA) – formed by SEMCO Publishing, the parent company of Rock Products magazine – sponsored a successful AGG1 Academy session and networking mixer at the Music City Center in Nashville. The interactive “Finding the Next Generation of Women in the Aggregates Industry” panel featured Resa Furey, marketing & business development manager, Global Mining…
Read MoreAGG1/World of Asphalt Shatters Records with 38% Surge in Attendance
A record number of aggregates and asphalt professionals convened in Nashville for the largest AGG1 Aggregates Academy & Expo /World of Asphalt in the show’s history. Running March 25-27, the show set new records in both attendance and square footage. More than 15,800 industry professionals took in the three-day event in the Music City, exploring more than 440 exhibitors and…
Read MoreCalling All Women in Aggregates
March 15, 2024 – Women in Aggregates (WIA) invites you to an important panel discussion at AGG1, the premier aggregates event in North America. Mark your calendars for Monday, March 25 from 2:00 PM – 3:30 PM CST and be part of the conversation shaping the future of women in this dynamic industry. Attendees can add the panel to their…
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