Ash Grove, a CRH Company, closed on purchasing a cement plant and four terminals from Martin Marietta’s South Texas business.
Read MoreAsh Grove Finalizes Martin Marietta Asset Purchase
Tag: martin marietta
Martin Marietta Divests South Texas Cement, Concrete Assets
Martin Marietta Materials entered into a definitive agreement to sell its South Texas cement business and certain related concrete operations to CRH Americas Materials, a subsidiary of CRH plc, for $2.1 billion in cash.
Read MoreCement Market Briefs – Sept/Oct 2023
Martin Marietta Finds New Tehachapi Buyer – Martin Marietta Materials has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. The transaction follows an abandoned deal between Martin Marietta and CalPortland earlier this year. With a projected closing by year end, the $317 million cash deal will position…
Read MoreEagle Materials Expands Import Business
Eagle Materials completed the acquisition of Martin Marietta’s cement import and distribution business in northern California, which includes a cement terminal in Stockton.
Read MoreCalPortland-Martin Marietta Deal Fails
A proposed $350 million deal between CalPortland and Martin Marietta Materials is off as the Federal Trade Commission (FTC) called it “presumptively illegal.”
Read MoreCalPortland, Martin Marietta Ink Cement Plant Deal
Martin Marietta Materials has entered into a definitive agreement to sell its Tehachapi, Calif. cement plant and related distribution terminals to CalPortland for $350 million in cash.
Read MoreNews from the Concrete and Aggregates Industries
– IN BRIEF –The five leading states in the fourth quarter of 2021 were, in descending order of production, Texas, Missouri, California, Florida and Ohio. Aggregates Production Rises 5% in 2021. The U.S. Geological Survey (USGS) has released the report “Crushed Stone and Sand and Gravel in the Fourth Quarter 2021.” An estimated 647 million metric tons (Mt) of total…
Read MoreCalPortland Acquires Martin Marietta Cement Plant, Other Assets
Martin Marietta Materials has entered into a definitive agreement to sell its Redding, Calif., cement plant and related cement distribution terminals to CalPortland for $250 million in cash. The deal also includes 14 ready mixed concrete plants in California.
Read MoreMartin Marietta Completes Lehigh Hanson West Region Takeover
Martin Marietta Materials successfully completed its previously announced acquisition of Lehigh Hanson’s West Region business for $2.3 billion in cash.
Read MoreMartin Marietta Heads West with $2.3B Lehigh Hanson Deal
Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
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