Eagle Materials completed the acquisition of Martin Marietta’s cement import and distribution business in northern California, which includes a cement terminal in Stockton.
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CalPortland-Martin Marietta Deal Fails
A proposed $350 million deal between CalPortland and Martin Marietta Materials is off as the Federal Trade Commission (FTC) called it “presumptively illegal.”
Read MoreCalPortland, Martin Marietta Ink Cement Plant Deal
Martin Marietta Materials has entered into a definitive agreement to sell its Tehachapi, Calif. cement plant and related distribution terminals to CalPortland for $350 million in cash.
Read MoreNews from the Concrete and Aggregates Industries
– IN BRIEF –The five leading states in the fourth quarter of 2021 were, in descending order of production, Texas, Missouri, California, Florida and Ohio. Aggregates Production Rises 5% in 2021. The U.S. Geological Survey (USGS) has released the report “Crushed Stone and Sand and Gravel in the Fourth Quarter 2021.” An estimated 647 million metric tons (Mt) of total…
Read MoreCalPortland Acquires Martin Marietta Cement Plant, Other Assets
Martin Marietta Materials has entered into a definitive agreement to sell its Redding, Calif., cement plant and related cement distribution terminals to CalPortland for $250 million in cash. The deal also includes 14 ready mixed concrete plants in California.
Read MoreMartin Marietta Completes Lehigh Hanson West Region Takeover
Martin Marietta Materials successfully completed its previously announced acquisition of Lehigh Hanson’s West Region business for $2.3 billion in cash.
Read MoreMartin Marietta Heads West with $2.3B Lehigh Hanson Deal
Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
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