CalPortland Co. reported it has completed its previously announced acquisition of the Vulcan Materials ready-mix concrete business assets in the San Diego and San Francisco Bay areas. “The Vulcan Materials’ ready mix acquisition reflects a strategy positioning us for the long-term success of our company,” said Allen Hamblen, chief executive officer of CalPortland. “This strategic investment enhances our core capabilities,…
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CalPortland will acquire Vulcan Materials’ ready mixed concrete business assets in California, providing stable demands for the cement produced at its plants, as well as imported cement and supplementary cementitious materials.
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The California Construction and Industrial Materials Association (CalCIMA) recently toured four member sites with several elected officials and staff. The association highlighted why the industry’s tagline is “If it’s built, we’re in it.”
Read MoreThe U.S. Geological Survey reported that the estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2024 was 455 million metric tons (Mt), a decrease of 3.9% compared with that of the same period of 2023. Major companies reported significant decreases in construction aggregates shipments due to poor weather conditions (Martin Marietta Materials,…
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CEMEX reached a temporary deal to use Vulcan Materials’ port facilities at Punta Venado in Playa del Carmen, Mexico, potentially defusing a legal battle, reported Bloomberg.
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Vulcan Materials said Mexican security forces, accompanied by CEMEX workers, illegally took possession of its port terminal in Playa del Carmen, Mexico, reported Reuters.
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