Terra CO2, a leading U.S.-based low-carbon building materials company, signed Series B equity commitments for $82 million from a mix of financial and strategic investors. The funding positions Terra for rapid expansion of commercial facilities across North America and Europe.
Read More
Eagle Materials shared financial results for the second quarter of fiscal 2025 ended Sept. 30, 2024, reporting record revenue of $623.6 million, and net earnings of $143.5 million.
Read More
Publicly traded construction-materials companies operating in the United States reported mixed results for the second quarter.
Read More
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2025 ended June 30, noting record revenue of $608.7 million, up 1%; and record net earnings of $133.8 million, up 11%.
Read More
Eagle Materials will modernize and expand its Laramie, Wyo., cement plant and related distribution facilities as the company re-emphasizes its commitment to be the cement supplier of choice in the Mountain Region, including Denver and Salt Lake City markets.
Read More
Texas Lehigh Cement Co., a 50/50 joint venture between Heidelberg Materials North America and Eagle Materials, will begin production at a new slag cement facility in Houston this summer.
Read More
Terra CO2 and Eagle Materials have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market.
Read MoreEagle Materials reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. For fiscal year 2023, the company is reporting record revenue of $2.1 billion, up 15% and net earnings of $461.5 million, up 23%. For the fourth quarter, the company is reporting record revenue of $470.1 million, up 14%.
Read More
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 More
Publicly traded U.S. cement producers just reported results, and those results are a mixed bag. At Summit Materials, Cement Segment net revenues increased 23.6% to $97.9 million in the fourth quarter of 2022. Cement Segment adjusted cash gross profit margin increased to 47.1% in the fourth quarter, compared to 42.7% in the prior-year period as strong pricing gains more than…
Read More