Bidding War for Ash Grove Cement

Overland Park, Kan.-based Ash Grove Cement Co. received a preliminary, non-binding competing proposal from a third party – rumored to be Summit Materials – to acquire Ash Grove at an indicated enterprise value of $3.7 billion to $3.8 billion. The company currently has an Agreement and Plan of Merger with CRH plc, under which CRH will acquire Ash Grove for…

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Lafarge’s Ravena Plant Completes Three-Year Modernization Project

Ravena plant

Lafarge, a member of LafargeHolcim, unveiled a new, state-of-the-art plant at its Ravena, N.Y., facility after a three-year, multi-million-dollar modernization project to sustainably supply the region’s growing manufacturing and construction industries. The cement from the Ravena facility supplies more than 1 million tons of locally produced product for high profile projects in the Northeast including One World Trade Center, the World…

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