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Lafarge eyes $60M prairie province precast capacity upgrade

Source: Lafarge Canada, Inc., Calgary

Growing demand in energy, infrastructure, commercial and residential markets is driving Lafarge Canada’s planned doubling of output capability at its Edmonton precast operation, enclosure groundbreaking and equipment delivery scheduled for 2014. An investment upward of $60 million will see the addition of plant automation technology, including robotics and full-scale computer-aided design and fabrication.

Read more: Lafarge eyes $60M prairie province precast capacity upgrade

TXI merger entrenches Martin Marietta in ready mixed production

Sources: Martin Marietta Materials, Inc., Raleigh, N.C.; CP staff

The boards of Martin Marietta and Dallas-based Texas Industries, Inc. have unanimously approved a definitive merger agreement under which Martin Marietta will acquire all outstanding shares of TXI common stock in a tax-free, stock-for-stock transaction. Based at existing Raleigh headquarters and operating under the Martin Marietta Materials, Inc. banner, the combined entity will create a market-leading supplier of aggregates and heavy building materials, with low-cost, vertically integrated aggregate and targeted cement operations. With greater geographic and product diversity and a leading distribution network, it will have uniquely positioned assets across some of the nation’s largest and fastest growing geographies.

Read more: TXI merger entrenches Martin Marietta in ready mixed production

Argos enters Florida through Vulcan concrete, cement plant deal

Sources: CP staff; Vulcan Materials Co., Birmingham, Ala.

Vulcan Materials has announced a definitive agreement to sell Colombia-based Cementos Argos 69 ready mixed and 13 concrete block plantsin Florida and south Georgia; a Newberry, Fla., cement mill; plus, Tampa and Port Manatee cement grinding facilities and terminals for gross cash proceeds of $720 million.

Read more: Argos enters Florida through Vulcan concrete, cement plant deal