Tags: Summit Materials

M&A Activity Off to a Fast Start

Mar 01, 2014

M&A Activity Off to a Fast Start

By George H. Reddin   After a, relatively speaking, quiet 2013, merger and acquisition activity is off to a feverish pace in 2014. Divestitures by Lafarge and Vulcan, and a merger between Martin Marietta and Texas Industries led the way. We have ...

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Housing Increases More than Offset by Falling Federal Spending

Jun 01, 2013

Housing Increases More than Offset by Falling Federal Spending

By George H. Reddin   Merger and acquisition activity remains slow, but steady, as the outlook for many construction markets remains flat and disappointing. Spending on U.S. construction projects fell in March, as the biggest drop in government projects in more than ...

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Residential is up, but highways are status quo (at best)

May 01, 2013

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 ...

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Summit Materials acquires Westroc, purchases assets from Lafarge

Apr 12, 2013

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 ...

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LaFarge sells Wichita operations to Summit Materials

Apr 01, 2013

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, ...

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Wednesday AGG1 seminar standouts

Mar 19, 2013

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 - ...

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Going for the Green

Jul 01, 2012

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 ...

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M&A holding pattern likely in election year

May 01, 2012

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 ...

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State and Province News January 2012

Jan 07, 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 ...

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Data Mining January 2012

Jan 07, 2012

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 ...

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Data Mining August 2011

Aug 01, 2011

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 ...

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Data Mining November 2010

Nov 01, 2010

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, ...

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