Eagle Materials Inc. reported financial results for the second quarter of fiscal 2017 ended Sept. 30, 2016. The company’s construction products and building materials businesses performed well during the quarter, with the Cement business reporting record second quarter operating earnings of $50.7 million. Second quarter cash flow from operations improved 22 percent and was used to fund capital improvements, pay…
Read MoreDay: October 26, 2016
Holcim (US) Hagerstown Plant Completes $96M Modernization Project
Holcim (US), a member of LafargeHolcim, unveiled this week the new, modernized plant at its Hagerstown, Md., facility after a two-year modernization project. By investing $96 million to maintain high-quality manufacturing standards in accordance with newly imposed, more stringent NESHAP environmental regulations, the plant has increased clinker production by approximately 200,000 tons to help support construction and development in Hagerstown,…
Read MoreElementia to Acquire 55 Percent Stake in Giant Cement
Elementia, S.A.B. de C.V. announced on October 13 that it signed a letter of intent with Cementos Portland Valderrivas, S.A., to acquire 55 percent of Giant Cement Holding, Inc.
Read MoreLafarge Canada Closes Kamloops Plant
Lafarge Canada Inc. announced last week it will shut down its plant in east Kamloops for the foreseeable future, reported Kamloops This Week. The company is in discussions to continue using the facility as a distribution center with a possibility of 10 ongoing jobs. The shutdown will be complete by the end of the year.
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