Martin Marietta Finds New Tehachapi Buyer – Martin Marietta Materials has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. The transaction follows an abandoned deal between Martin Marietta and CalPortland earlier this year. With a projected closing by year end, the $317 million cash deal will position…
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Hollingshead Opens Nashville Cement Terminal
Hollingshead Cement, the cement division of SRM Concrete, opened a new dome-style terminal capable of housing up to 50,000 tons of cement in Nashville, Tenn.
Read MoreSRM Concrete Acquires Florida Bulk Cement Distributor
SRM Concrete announced the acquisition of Young Trucking, the largest bulk cement distributor in southwest Florida.
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…
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