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Oldcastle Materials Inc. is a supplier of asphalt, concrete, and other building materials, and also offers construction and paving services. The Atlanta-based company is a subsidiary of CRH plc, a publicly traded international group of diversified building materials businesses, [2] [3] and has approximately 18,000 employees at 1,200 locations, as of March 2018.
On November 16, 1998, Vulcan announced it was purchasing CalMat Company, a producer of asphalt and ready-mixed concrete based in Los Angeles, for $760 million in cash. [ 5 ] On June 7, 2005, Vulcan completed the sale of its chemicals business, known as Vulcan Chemicals, to Occidental Chemical Corporation .
Cold mix asphalt is often used on lower-volume rural roads, where hot mix asphalt would cool too much on the long trip from the asphalt plant to the construction site. [18] An asphalt concrete surface will generally be constructed for high-volume primary highways having an average annual daily traffic load greater than 1,200 vehicles per day. [19]
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As of November 2016, half the asphalt, aggregates and assorted material it sold went to the United States. [29] Headquartered in Dublin, CRH was the biggest producer of asphalt in the US and the third largest producer of ready-mixed concrete. [32] Sales for 2016 were €27.1 billion, an increase of 15 percent from the year before.
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