Displaying items by tag: readymix concrete

US: Knife River has completed its acquisition of North Dakota-based ready-mix concrete, aggregates and asphalt producer Strata Corporation for US$454m. Strata Corporation employs 900 seasonal workers and commands 28 ready-mix plants, three asphalt plants and 30 years of aggregates reserves, supported by a logistics fleet of seven trains and 400 railcars. It also includes a contracting services division. Strata Corporation will merge into Knife River's Central Region operations.

South Korea: The construction and ready-mix concrete industries have concluded four months of negotiations with an agreement that ready-mix concrete prices will come down by 2.5% to US$62.8/m³. Chosun Biz News has reported that Youngwoo Association represented local ready-mix concrete producers throughout negotiations.

US: Private equity firm Big 7 Ventures has acquired Nevada-based Modern Concrete. Big 7 Ventures says that the company will continue to operate under its existing management team under founding President Scott Reutner.

Ukraine: Türkiye-based ONUR Group says that it has invested over US$70m in Ukraine since its invasion by Russia on 24 February 2022. Ukraine Business News has reported that the company’s upcoming US$15m, 30,000t/yr ACTU dry building mixes plant is scheduled to commence operations in June 2025. The group also invested a further US$20m in the installation of a new line at its Shchyrets reinforced concrete elements plant. It invested US$4m in the construction of its EFE ready-mix and reinforced concrete elements plants, commissioned in October 2024, and another US$4m in its Shchyrets and Zhydachiv ready-mix concrete plants. Further investments went into the group’s planed and peeled veneer and lumber subsidiary Wood Industries.

New Zealand: Holcim New Zealand has received permission to build and operate a new ready-mix concrete batching plant in Dunedin. Local press has reported that the site will feature two silos: a 67t vertical cement silo and a 50t horizontal silo for supplementary cementitious materials (SCMs).

Argentina: Holcim Argentina has acquired ready-mix concrete producer Horcrisa for US$32m. Horcrisa operates seven concrete batching plants in the cities of Caseros, General Pacheco and Isidro Casanova in Greater Buenos Aires, with a combined production capacity of 1.2Mm³/yr.

Holcim Argentina CEO Pablo Bittar noted the importance of Greater Buenos Aires as representing 40% of Argentina's concrete consumption.

US: Concrete Supply Co. has reportedly acquired 30 ready-mix concrete plants in North and South Carolina from Argos USA. Concrete Supply Co. said that the purchase will enhance its service for customers in the growing markets of Charlotte, Charleston, Columbia and Raleigh.

US: Geiger Ready Mix has requested city authorities in De Soto, Kansas, to rezone a plot on which for it to build a new ready-mix concrete plant. The Kansas City Business Journal newspaper has reported that Geiger Ready Mix’s plans include a 780m² batching plant, a 600m² workshop and a 630m² office building.

US: South Carolina-based concrete producer Knight’s Companies has appointed George Kuhn as Vice President of Technical Services of its Ready-Mix Concrete division. Kuhn will be responsible for building and sustaining relationships with the division’s existing customers and partners and supporting further growth through strategic development initiatives.

Kuhn was previously Technical Services Manager at Virginia-based Chandler Concrete, where he worked since 1988. He holds an Industrial Engineering degree from Virginia Tech in Blacksburg.

India: The Kerala state government’s Goods and Services Tax Department has uncovered alleged tax evasion in the state’s ready-mix concrete sector worth US$1.15m. The Hindu newspaper has reported that authorities raided 49 locations and discovered total hidden transactions worth US$6.46m.