Pit & Quarry, November 2015
ECONOMICS PULSE Lehigh Hanson announced via its parent Heidelberg Cement the acquisition of a stake in Essroc These events combined with increased production capacity at the Lafarge Ravena plant and the soon to be open McInnis plant in Canada will mean major changes in the supply and demand dynamics in the Northeast P Q George Reddin is a managing director with FMI Capital Advisors Inc FMI Corp s investment banking subsidiary He specializes in mergers and acquisitions and fnancial advisory services www fminet com 2016 2017 2018 2019 Figure 10 Highway and Street 2013 2014 2015 Source FMI Third Quarter Outlook 2015 Recently Announced Transactions 100 90 80 70 60 50 40 30 20 10 2005 2006 2007 2008 2009 2010 2011 2012 Billions Date Target Acquirer Business Description 10 1 2015 Cretex Concrete Products North Inc Hanson Pipe Precast LLC Precast products 9 29 2015 Wantage Stone U S Concrete Construction aggregates 8 28 2015 E A Materials select assets U S Concrete Construction aggregates Sand Gravel 8 28 2015 Pitts Sand Gravel select assets U S Concrete Sand Gravel 8 24 2015 LeGrand Johnson Construction Co Kilgore Companies Construction www pitandquarry com November 2015 PIT QUARRY 57
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