Tags: Summit Materials
Housing Increases More than Offset by Falling Federal Spending
By George H. Reddin
STOCK REPORTSources: New York Stock Exchange, NASDAQ, and Wall Street Journal Market Watch. Currency conversion calculated on 5/3/13.
Merger and acquisition activity remains slow, but steady, as the outlook for many construction markets remains flat and disappointing. ... Read More...
Residential is up, but highways are status quo (at best)
By George H. Reddin
The first quarter of 2013 closed with slow, but steady, deal activity — the same pattern we’ve seen in recent years. The demand from buyers is as healthy as we have seen in years, and there remains ... Read More...
Summit Materials acquires Westroc, purchases assets from Lafarge
Summit Materials has acquired Westroc and purchased certain aggregates, ready-mix concrete, asphalt and paving assets from Lafarge North America.
Summit acquired more than 100 million tons of mineral reserves through the transactions.
Summit Materials purchased two aggregates operations, three ready-mix concrete plants ... Read More...
LaFarge sells Wichita operations to Summit Materials
Lafarge North America plans to sell its aggregates, concrete and asphalt/paving operations located in Wichita, Kansas, to Summit Materials, the Wichita Business Journal reported.
A Lafarge spokesperson told the Wichita Business Journal that he agreement consists of Lafarge’s three aggregate quarries, ... Read More...
Wednesday AGG1 seminar standouts
We looked over the list of AGG1 Academy seminars scheduled for today and found a few that looked especially interesting and informative. If you attend one of these, please let us know what you thought of it.
Wednesday, March 20
7:30 - ... Read More...
Going for the Green
Summit Materials’ recently acquired crushed stone quarry in central Texas has raised the bar on working with and for the community and the environment.
Deep in the heart of Texas, a crushed-stone quarry is making every effort to do the right ... Read More...
M&A holding pattern likely in election year
Global volumes of announced merger and acquisition (M&A) deals dropped to U.S. $416 billion in the first quarter of 2012 from U.S. $737 billion a year ago, according to Thomson Reuters. M&A activity in the United States was down 60 ... Read More...
State and Province News January 2012
Connecticut
Oak Ledge Properties withdrew its application to continue activities on its 77-acre site in East Haven. The New Haven Register reports that the developer had planned a mixed-use development, but withdrew its application on the same day a new application ... Read More...
Data Mining January 2012
Mergers and acquisitions move at a snail’s pace
Merger and acquisition activity continued to plug along at a snail’s pace as 2011 closed. For the year, merger and acquisition activity resembled overall movement in the construction materials sector — slow and ... Read More...
Data Mining August 2011
Fed grows pessimistic about economy
By George H. Reddin
Momentum for merger and acquisition activity cannot catch a break, and comments from the recent Federal Reserve Board meetings will not help spur on any additional activity.
The Federal Reserve has grown more pessimistic ... Read More...
Data Mining November 2010
AggMan Index: Moving in the Right Direction
After a rough couple of months, the AggMan Index seemingly had nowhere to go but up, which is just what it managed to do. For the month, the Index was up over 8 percent, ... Read More...
Data Mining October 2010
AggMan Index: Optimism Gives Way to Reality
As we come out of the busy construction season, the optimism for a recovery in activity that existed in March and April has given way to the reality of the markets. In recent weeks, ... Read More...
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