US: Lafarge North America, a predecessor company of Holcim North America, has agreed to pay claimants US$5.4m for damages arising from alleged price-fixing of ready-mix concrete in Georgia and South Carolina between 2010 and 2016. Local ready-mix concrete purchasers, including Bremer Construction Management and floor systems supplier ProSlab, brought the claim against Lafarge North America and five other local ready-mix concrete producers: Argos Ready Mix, Coastal Concrete Southeast, Elite Concrete, Evans Concrete and Thomas Concrete of South Carolina – along with two of their parent companies: Argos USA and Thomas Concrete.
The court described Lafarge North America’s settlement as ‘fair, reasonable and adequate.’ It said that the figure covers 20% of all damages, as estimated by the claimants.
