HeidelbergCement’s North American subsidiary Lehigh Hanson Inc. has acquired all assets of Meriwether Ready Mix, a leading producer of ready mixed concrete with a well-established residential and commercial customer base in the Metro Atlanta area.
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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.
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LafargeHolcim in the US introduced CementDirect, an innovative digital solution that transforms the cement delivery process and its associated paperwork. CementDirect is being rolled out across the United States to LafargeHolcim cement customers.
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HeidelbergCement presented preliminary, unaudited figures for the full year 2020. In a difficult market environment, the result from current operations before depreciation and amortization rose like-for-like by 6% to a record €3.7 billion. Consistent implementation of the company’s COPE action plan led to cash savings of around €1.3 billion.
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Argos USA of Alpharetta, Ga., has entered a deferred prosecution agreement (DPA) resolving a DOJ Antitrust Division charge of conspiring to fix prices, rig bids and allocate sales for ready mixed concrete in Savannah, Ga., and neighboring markets under U.S. District Court for the Southern District of Georgia jurisdiction, according to the U.S. Department of Justice Antitrust Division.
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