Pit & Quarry, February 2016
ECONOMICS PULSE Date Target Acquirer Business Description 10 1 2015 Kelchner Inc Wood Group PSN Construction 11 30 2015 Action Concrete Pumping Brundage Bone Concrete pumping AJ Concrete Pumping LLC and Kenyon Concrete Pumping Inc 11 16 2015 Rose Paving Co Merit Capital Partners Asphalt and concrete maintenance 11 12 2015 Lane Industries Inc Salini Impregilo S p A Construction aggregates asphalt 10 28 2015 Heavy Materials LLC and U S Concrete Construction aggregates ready mix concrete Spartan Concrete Products LLC bring with it an incremental 11 Mt in capacity to the market These developments have enormous competitive implications in downstream markets across the U S As seen in Figure 1 more than 20 U S cement plants have changed ownership or extended their network of operations as a consequence of the LafargeHolcim or Heidelberg Italcementi deals This will drive new competitive dynamics in Recently Announced Transactions FMIs Construction Materials Index was up more than 13 percent in 2015 markets from Maine to Michigan and southward down the Mississippi River to the Gulf Coast states These new and expensive positions will create a need to defend downstream share in key markets through vertical integration The fact that two of these firms Oldcastle and Summit have historically favored full integration through construction will make it all the more interesting to watch Public company performance Meanwhile as the mega deal market has flourished public construction materials companies have reported their P Q Mag 02 16 THE CONNECTED QUARRY Trimble LOADRITE scales and InsightHQ quarry reporting tools provide visibility to respond to issues optimize production and productivity Now you can access to live reports across your operation from your LOADRITE scale equipped loaders excavators and conveyors across a range of machine sizes brands and models all in one place accessible via your mobile device or PC Trimble can even sync with your scalehouse For more information about the Trimble Connected Quarry contact your local dealer today Phone 18005285623 aggregates@ trimble com aggregates trimble com Loadrite is part of Trimble Daily Materials Processing Report Report Period Yesterday Site ABC Co Ltd Extraction Extraction Processing 9527 10119 12532 2654 2275 2275 Excavator 1 Excavator 2 Belt 1 Loader 1 Loader 2 Daves Loader Jordys Loader Jordys Loader 74 PIT QUARRY February 2016 www pitandquarry com
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