American Concrete Limited successfully acquired two companies.

2006-07-07 00:00:00

< DIV align = justify > On Wednesday, American Concrete Inc. announced the successful acquisition of Alberta Investments Ltd. and Union Transportation Ltd. for $165 million.

< DIV align = justify > Last month, American Concrete said it would buy both companies.

< DIV align = justify > Alberta Investments Limited has two subsidiaries, Redi-Mix and Ingram, which are the main businesses of Alberta Investments Limited. Of these, Redi-Mix operates 13 ready-mix concrete plants in the Fort Worth area of Dallas and the North Country, while Ingram operates 17 ready-mix concrete plants and three sand and stone plants in West Texas. In addition, Redi-Mix and Ingram jointly operate a fleet of approximately 310 mixer trucks. In 2005, the two companies produced approximately 2.4 million cubic yards of ready-mixed concrete and 1.2 million tons of aggregate.

< DIV align = justify > Union Transport Ltd works with Redi-Mix and third party transport companies to provide cement and aggregate transport services to the community using their transport fleets. Alberta Investments Ltd. and United Transportation Ltd. generated $181 million in revenue in the 12 months to March 31, 2006.

< DIV align = justify > Houston American Concrete, Inc. manufactures ready-mix concrete and concrete-related products, and provides services to the construction industry in several major markets in the United States. < DIV align = justify > The president and CEO Eugene P. Martineau of American Concrete said the integration of the two companies would begin immediately. "We hope that the actual integration work will be combined with the company's original ready-mix concrete plant work in Dallas to provide the company's competitiveness in the market," he said. < DIV align = justify > Including all of Alberta Investments' and United Transportation 'plants, American Concrete currently operates 136 fixed ready-mix plants, seven mobile ready-mix plants, 10 precast concrete plants, three concrete brick plants, and six aggregate plants.
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Correlation

[Original] US: Slow Recovery of Cement Industry, Long-term Cement Consumption Will Rise

In the long term, the Portland Cement Association (PCA) has predicted that cement consumption in the United States will increase by 9.7% in 2014 and 2015, reaching 86 million tons in 2014. Cement consumption in the United States is expected to rise by 11% in 2016. PCA also expects cement consumption in the United States to reach 119 million tons by 2018.

2014-08-15 09:40:45

US cement consumption fell 14% in the first 10 months of 2008

2009-01-14 00:00:00

Chinese Experts Respond to Accusations of US Cement Shortage

2007-09-21 00:00:00

Titan Cement USA Acquires S & W Ready-Mixed Concrete

2007-03-27 00:00:00

America: Cement Industry's New Environmental Award Winners Announced

2007-03-23 00:00:00

Nine US States Sued Cement Plant for Excessive Mercury Discharge

2007-02-26 00:00:00

US: Texas Industries reports 2nd quarter results

2007-01-09 00:00:00

US Cement Manufacturing Project Spending Expected to Reach $2 Billion in 2007

2006-11-21 00:00:00

US: Eagle Materials Lowers 2007 Revenue Forecast

2006-09-28 00:00:00

US: Eagle Materials acquires a stake in Houston Cement

2006-09-04 00:00:00

US Federal Government's Latest Energy Efficiency Ratings

2006-08-16 00:00:00

US: Cement Consumption Continues to Grow -- PCA Summer Forecast Revises 2006 Growth Target

2006-08-11 00:00:00

US: Texas Industries Releases Fourth Quarter Profit Report

2006-07-14 00:00:00

American Concrete Limited successfully acquired two companies.

2006-07-07 00:00:00

United States: Texas Industries Sells Houston Area Plant

2006-06-01 00:00:00

12000 t/d cement production line to be built in USA

2006-05-17 00:00:00

American high-tech cement has better seismic performance

2006-04-29 00:00:00

Application of American Advanced Heat Treatment Technology in Domestic Production of Wear Resistant Materials

2006-04-20 00:00:00

A New Type of Cement with High Strength and High Toughness Developed in America

2006-01-18 00:00:00

US Cement Shortage Will Continue

2005-12-20 00:00:00

Taiwanese Businessmen Turn to US Cement Market

2005-12-16 00:00:00

Cement consumption in the United States will increase

2005-12-02 00:00:00

Rinker Group to Build Cement Grinding Plant in Florida

2005-11-07 00:00:00

US Cement Imports Hit by Hurricane

2005-09-28 00:00:00

American Scientists Invented "Smart Cement"

2005-09-27 00:00:00

US Building Material Prices Rise in Response to "Wind"

2005-09-22 00:00:00

According to PCA analysis, cement consumption in the United States will reach 123.4 million tons in 2005.

2005-08-25 00:00:00

American Shenlong Cement won the ASCE National Important Historical Civil Engineering Contribution Award

2005-07-18 00:00:00

US Cement Shortage Heats Up Again

2005-07-13 00:00:00

Cement Industry in the United States in 2004

Due to the recovery and expansion of the economy, the industrial infrastructure of the United States has been strengthened, which has led to an increase in domestic product shipments in the United States, but also stimulated product consumption. The Portland Cement Association of America believes that by 2008, the volume of cement in the United States will exceed 117 million tons.

2004-12-20 00:00:00

The shortage of cement further affects the US construction industry.

2004-05-28 00:00:00

US cement shortage drags down construction industry

2004-05-24 00:00:00

US Cement Imports Continue to Decline

2002-08-01 00:00:00

CEMPI

102.57

+0.01 +0.01%

CONCPI

91.08