Eagle Materials Inc. reported financial results for the third quarter of fiscal 2015 which ended Dec. 31, 2014. Notable items for the quarter in relation to the prior-year’s third quarter include: record quarterly revenues of $292 million, up 27 percent; and record third quarter cement earnings of $37.6 million, up 44 percent.
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CRH Buys Holcim, Lafarge Assets
Holcim Ltd. and Lafarge SA moved a step closer to completing their $40 billion merger when Irish building-materials company CRH Plc agreed to pay 6.5 billion euros ($7.36 billion) for surplus assets.
Read MoreSt Marys Plant Expansion Gets Board Approval
In a 5-1 vote, the Charlevoix County Board of Commissioners has approved the plans for a $130 million upgrade to the St. Marys Cement facility in Charlevoix, Mich., reported the Petoskey News-Review.
Read MoreCement, Fly Ash Producers Donate 100-Plus Truckloads to CIM Auction
Cemex USA, Holcim (US) Inc., Lafarge North America, Lehigh Hanson Inc. and Titan America have each donated 10 truckloads of portland cement to the 10th annual CIM Auction, February 4 at the Las Vegas Convention Center – in conjunction with the 2015 World of Concrete.
Read MoreResilient Construction Should Be Key for Infrastructure Bill
A strong national infrastructure plan was one of the key initiatives put forward in President Barack Obama’s State of the Union address last week.
Read MoreCementos Yura to Invest $230m in Ecuador
Ecuador Industry Minister Ramiro Gonzalez announced that Cementos Yura, owned by Peruvian conglomerate Gloria Group, will invest $230 million for the construction of a new clinker production line at Union Cementera Nacional’s Riobamba plant, reported Ecuadorian newspaper, El Telégrafo.
Read MoreCRH Confirms Interest in Lafarge, Holcim Assets
CRH Plc is among suitors for certain assets Holcim Ltd. and Lafarge SA have bundled for sale, thereby advancing a merger the producers hope to complete by mid-year. Assets on the table include Holcim Canada Inc. and a host of overseas cement, concrete and aggregate businesses.
Read MoreBody Found After Cement Silo Collapse
After more than three days of searching, firefighters found the body of a worker who was missing after a full cement silo collapsed in Bristol Township, Pa., reported The Philadelphia Inquirer.
Read MoreVotorantim Presents $130m Plan to Modernize Plant
A $130 million plan to upgrade and modernize Votorantim’s Great Lakes cement production could materialize in Charlevoix, Mich., reported the Boyne City Gazette.
Read MorePCA Appoints Government Affairs VP
The Portland Cement Association named A. Todd Johnston as vice president for government affairs, effective Jan. 19, 2015. Based in the association’s Washington office, he will represent PCA and its members with the federal government.
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