Cement News tagged under: Ash Grove Cement
CRH receives approval to acquire Ash Grove Cement15 June 2018, Published under Cement NewsCRH Plc has received regulatory approval to acquire Ash Grove Cement Co. The US Federal Trade Commission has issued its consent order, with the US$3.5bn transaction expected to close in June 2018. CRH has agreed to divest assets to secure antitrust approval for the deal. As a result, the company will sell a cement plant and quarry in Montana, sand and gravel pits in Nebraska and four facilities (two limestone quarries and two asphalt plants) in Kansas, according to Reuters. |
CRH01 November 2017, Published under Cement NewsThe shareholders of Ash Grove Cement have now approved the take-over by CRH, adding eight cement works, 52 batching plants and 45 aggregates extraction sites. The potential alternative offer for Ash Grove suggested by Summit Materials did not occur. |
Summit Materials revealed as US$3.8bn bidder for Ash Grove Cement09 October 2017, Published under Cement NewsUS cement maker Summit Materials has been revealed as the US$3.8bn bidder for Ash Grove Cement, according to a Reuters' source. The bid was submitted last week to trump an earlier takeover bid from Irish building materials firm CRH Plc. Ash Grove said earlier on Friday that it had received a new bid from an unnamed party which valued the business at US$3.7-US$3.8bn . The source said Summit Materials’ bid was submitted on Thursday and is currently being considered by Ash Grove’s board... |
CRH agrees US$3.5bn acquisition of Ash Grove Cement21 September 2017, Published under Cement NewsCRH plc has reached an agreement to buy US-based Ash Grove Cement Co for US$3.5bn. The proposed transaction is subject to Ash Grove shareholder and regulatory approvals and will be financed through existing financial resources. The transaction is expected to close around year end 2017. Albert Manifold, Chief Executive of CRH, commented: “Ash Grove is an excellent addition to CRH’s portfolio of businesses across North America as we seek to deploy our capital into high quality businesses tha... |
Ash Grove names J Randall Vance President and CEO18 August 2017, Published under Cement NewsAsh Grove Cement has appointed J Randall Vance as CEO and President. Charles Sunderland, chairman and chief executive officer and part of the fourth generation of Sunderland family members to lead the majority family-owned business, will remain chairman of the board. “Randy has demonstrated effective leadership for Ash Grove's largest business of portland cement and has embraced our unique, successful corporate culture,” said Mr Sunderland. “I look forward to Randy's leadership now extend... |
USA: Ash Grove Cement Durkee plant awarded Energy Star Certification09 January 2017, Published under Cement NewsAsh Grove Cement today announced that its Durkee plant, Oregon, has been awarded the 2016 ENERGY STAR ® plant certification. The US Environmental Protection Agency’s (EPA’s) ENERGY STAR certification is awarded to plants performaning in the top 25 per cent of cement manufacturing facilities nationwide for energy efficiency that meet strict energy efficiency performance levels set by the EPA. "We’re honored that the EPA has awarded the Ash Grove Cement Company Durkee plant its ENERGY STAR... |
United States: Ash Grove’s Leamington wins quality control award07 April 2016, Published under Cement NewsAsh Grove Cement Company’s Leamington plant has won an internal award for excellence in quality control. Commenting on the win, Mike Hrizuk, Ash Grove senior vice president in charge of manufacturing, said: “The Quality Award was established to recognise the plant that best implements quality control practices to ensure our customers a consistent, dependable, high-quality product that makes Ash Grove Cement Company the supplier of choice.” The company is using the Plant Technical Info... |
Ash Grove extends use of on-site Louisville building to Nebraska Wildlife Rehab, Inc30 June 2015, Published under Cement NewsAsh Grove Cement has signed an agreement extending the use of an on-site building at its Louisville cement plant, USA, to Nebraska Wildlife Rehab, Inc (NWRI). The agreement gives the rescue centre space at US$10 per year for the wildlife they receive. John Dale, plant manager for Ash Grove Cement Louisville and Laura Stastny, executive director of NWRI sign an agreement extending the use of an on-site Ash Grove building “We are happy to provide a home to the centre’s ... |
Ash Grove Cement names Louisville plant AGem winner12 May 2015, Published under Cement NewsAsh Grove Cement Company’s Louisville (NE) plant won top honours in the annual Ash Grove Energy Management (AGem) Outstanding Plant of the Year competition. “Ash Grove created the AGem program in order to improve efficiency, reduce emissions and continually look for new ways to drive sustainability in our operations,” said Andy Lippert, Ash Grove corporate energy director. “The Louisville plant went above and beyond to make energy efficiency a top priority.” Since 2008, eight Ash Grove cem... |
Ash Grove Cement names new VP and CFO12 February 2015, Published under Cement NewsDavid Meyer joins Ash Grove Cement Co as vice president and chief financial officer Ash Grove Cement Company announced David G Meyer is joining the company as its vice president and chief financial officer in the company’s headquarters in Overland Park, Kansas, USA. In his new role, Mr Meyer will direct accounting, treasury, internal audit, tax and information technology functions. “Dave brings 17 years of corporate finance leadership in strategic planning and capital marke... |