Cement News tagged under: Ash Grove Cement Company
Ash Grove Cement gives stockholder approval for CRH merger23 October 2017, Published under Cement NewsAsh Grove Cement Company has announced that its previous agreement for the merger with CRH plc, under which CRH plc will acquire Ash Grov Cement, has been approved by stockholders holding more than a majority of the outstanding voting stock, acting by written consent. Following execution of the CRH merger agreement, stockholders representing approximately 63.4 per cent of the outstanding voting stock delivered written consents approving the transaction, of which, consents representing appr... |
CRH back on the acquisition trail06 October 2017, Published under Cement NewsFinancial analysts have been predicting for some time that CRH was likely to hit the acquisition trail again to bolster its portfolio. The recent US focus to target Ash Grove Cement and Suwanee America Cement will reshape the North American cement landscape, subject to Ash Grove and Suwanee shareholder and regulatory approvals. Debt reduction The Irish company had been lowering its debt since the EUR7.8bn it shelled out on buying assets from former Lafarge and Holcim facilities in 201... |
Ash Grove Cement receives US$3.8bn takeover proposal06 October 2017, Published under Cement NewsCRH noted that an announcement by Ash Grove yesterday that the period for obtaining shareholder approval has been extended for its proposed acqusition. US cement maker Ash Grove Cement Co said on Thursday it received a larger takeover proposal valued at up to US$3.8bn, surpassing an earlier offer from Irish building materials firm CRH Plc. CRH said last month it agreed to buy Ash Grove for a total consideration of US$3.5bn. Ash Grove said the new bid valued at US$3.7-US$3.8bn was expected t... |
Ash Grove Cement Board to come under investigation04 October 2017, Published under Cement NewsWeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ash Grove Cement Co in connection with the proposed acquisition of the Company by CRH, Plc. On 20 September 2017, the Ash Grove Cement announced the signing of a definitive agreement under which terms CRH will acquire all outstanding shares of Ash Grove Cement in a transaction valued at approximately US$3.5bn. However, WeissLaw is investigating whether Ash Grove Cem... |
USA: MSHA points to management failings in Midlothian fatality19 December 2016, Published under Cement NewsThe Mine Safety and Health Administration (MSHA) report on the fatal accident in May at Ash Grove Midlothian plant in Texas cites a failure in management policies, procedures, and controls to adequately ensure that effective barricades and readily visible warning signs were provided, where hazards were not immediately obvious. Roderick Barnes, Maintenance Worker, age 46, was fatally injured on 10 May 2016 falling 50ft through an unprotected three foot by four foot opening in a walkway o... |
USA: PCA's Gleason Jr Leadership Award goes to Nielson at Ash Grove16 September 2016, Published under Cement NewsScott Nielson, corporate environmental manager for Ash Grove Cement Company, has won the Portland Cement Association’s (PCA) 2016 John P Gleason Jr Leadership Award. Scott receives his award from the PCA The awards honour individuals who have exhibited industry leadership by advancing key association programmes and initiatives. Presented at the PCA Fall 2016 Congress meeting in Chicago, awards were presented in three categories: business continuity, market development and young... |
First for Midlothian18 May 2016, Published under Cement NewsIEEE-IAS/PCA Conference attendees will tour the first National Emissions Standards for Hazardous Air Pollutants (NESHAP)-compliant kiln in the United States. Ash Grove Cement Company’s Midlothian (TX) plant modernised its pyroprocess and met NESHAP requirements by September 2014, a whole year ahead of most other US cement plants. By Jacqueline K Clark, Ash Grove Cement Co, USA. IEEE-IAS/PCA Conference delegates will visit Ash Grove Cement Co's Midlothian plant in Texas, USA - the f... |
USA: Ash Grove announces more award winners08 April 2016, Published under Cement NewsAsh Grove Cement Company’s Durkee plant in Oregon has won an internal award for excellence in safety. Commenting on the win, Steve Minshall, Ash Grove corporate health and safety director, said: “Earning the Safety Excellence Award takes focussed effort, teamwork, accountability and truly valuing the well-being of every person in the plant, and we congratulate the Durkee employees on their achievement”. The company’s plants in Durkee (OR), Leamington (UT), Midlothian (TX) as well as t... |
USA: Montana City cement plant wins energy award05 April 2016, Published under Cement NewsAsh Grove Cement Co's Montana City plant has won top honours in the annual "Ash Grove Energy Management (AGem) Outstanding Plant of the Year" competition. “Our team is honoured to win the AGem award,” said Dick Johnson, Montana City plant manager. “This recognition is possible because all our employees are committed to identifying and incorporating ways to conserve fuel and electricity.” Andy Lippert, Ash Grove's corporate energy director, scores each plant every month based on 12 metrics... |
Ash Grove Cement Company manager recognised by PCA18 September 2015, Published under Cement NewsPortland Cement Association (PCA) named Scott Nielson the runner-up of a 2015 John P Gleason Jr Leadership Award. Presented at PCA’s annual fall committee meeting, the awards honour employees of member companies who have exhibited industry leadership by taking the association in new directions. Awards are presented in each of PCA’s three categories of key strategic initiatives: Business Continuity, Market Development as well as Young Leaders. Nielson, runner-up in the Young Leaders categor... |