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

May 01, 2013

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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The Nation’s Top 25 Construction Aggregates Producers

Apr 01, 2013

2011 marked the first increase in production since 2006, with slight price increases as well.   U.S. production of construction aggregates in 2011 was 2.17 billion short tons, valued at $17.2 billion, free on board (f.o.b.) at plant. Construction aggregates production decreased ...

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Cemex results were a bright spot as units shipped decreased in 2012

Apr 01, 2013

STOCK REPORTSources: New York Stock Exchange, NASDAQ, and Wall Street Journal Market Watch. Currency conversion calculated on 3/5/13. By George H. Reddin The fourth quarter of 2012 brought mixed results from the construction materials sector, with companies like Granite and Vulcan ...

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2012 Closes with a Burst of M&A Activity

Feb 01, 2013

By George H. Reddin   As expected, 2012 ended with a flurry of merger and acquisition activity. The outlook for deal activity in 2013 is good; however, there remains some concern and uncertainty about how Congress and the White House will deal ...

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Mergers & acquisitions are slow throughout 2012, but supply and demand dynamics bode well for 2013

Jan 01, 2013

George H. Reddin is a principal in FMI’s Investment Banking practice. He can be reached at 919-785-9286 or at greddin@fminet.com. M&A activity ended 2012 the same way it started — slow. The constant theme throughout the year was uncertainty, which, ...

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No paths are available for smooth transactions

Dec 01, 2012

By George H. Reddin   As the push toward year-end begins and buyers and sellers work diligently to close deals by Dec. 31, I am reminded how due diligence has become a full-contact sport. Never has the due diligence process been so ...

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Steady, but modest, growth is the trend

Nov 01, 2012

By George H. Reddin   Slow progress in the return of the residential market, modest enthusiasm for the passage of MAP-21, and the continued steady, albeit modest, pace of acquisitions are starting to give some optimism that the worst is behind us ...

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Elections and a ‘fiscal cliff’ loom ahead, but residential recovery continues

Oct 04, 2012

By George H. Reddin   Uncertainty continues to characterize the near-term economic outlook and inhibit stronger growth and job creation. This has been a common theme for this article during the last few years and has been a major reason for the ...

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Data Mining September 2012

Sep 01, 2012

Home and highway markets show signs of improvement   While we remain in a period of significant uncertainty, we are beginning to get little signs that the worst is behind us and that there is guarded optimism moving forward. Housing appears to have ...

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Oldcastle, Vantacore pursue acquisitions

Aug 01, 2012

The aggregate, asphalt, and concrete sectors received good news in June with the passing of a new two-year federal transportation bill. Spending and investment have been on hold for the last few years due to the absence of certainty for ...

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Economic indicators point toward higher valuations and lower costs.

Jul 01, 2012

STOCK REPORT                       U.S. On-Highway Diesel Fuel Prices

Top Producers

Jun 01, 2011

TOP 25 Construction Aggregates Producers in the United States Rankings are based on 2009 production data provided to the U.S. Geological Survey. Information courtesy of Jason Christopher Willett, construction aggregates commodity specialist, and Wally Bolen, construction sand and gravel commodity specialist. 1 ...

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