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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.
Argos acquired full ownership of Southern Star Concrete in November 2005 in a purchase agreement with the former owners, Texas Growth Fund and Austin Ventures, both based in Austin, Texas. In 2019, Southern Star sold their Arkansas assets to SRM Concrete, a privately-owned materials supply company based out of Nashville, Tennessee.
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In 2013, 70.8 percent of portland cement was sold as ready-mix concrete, such as is delivered in cement-mixer trucks. 11.5 percent was sold dry to contractors and construction materials stores; 11.3 percent was sold to manufacturers of concrete products; 4.6 percent was sold for oil and gas wells, and 1.8 percent was sold to government agencies ...
The present-day materials business is distantly descended from Superior Stone, an aggregates company founded in 1939 in Raleigh, North Carolina. In 1959, the company was purchased by the American-Marietta Corporation, which merged with the Glenn L. Martin Company a year later to form the Martin Marietta Corporation.
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In January 2018, Vulcan Materials was found to be partially responsible for the Bayou Corne sinkhole, along with Occidental Petroleum and Texas Brine Company. [10] In June 2021, Vulcan Materials announced they would be acquiring US Concrete (USCR) for $74 per share, a 30% premium on the date of the announcement. U.S. Concrete was formed in 1999 ...
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