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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 California Portland Cement Company was incorporated on September 18, 1891, in Los Angeles County, California, with a capital stock of $500,000 ($17 million in 2023). [3] Its first board of directors consisted of Los Angeles residents John P. Culver and Frank H. Jackson, and San Bernardino, California , residents Ernest Waycott, Harry R. O ...
On June 27, 2013, HD Supply Holdings, Inc., the indirect parent of HD Supply, Inc., announced that it had priced an initial public offering of 53,191,489 shares of common stock at $18.00 per share. The shares began trading on the NASDAQ Global Select Market on June 27, 2013, under the ticker symbol HDS. [ 6 ]
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In the late 1980s Vulcan acquired Reed Crushed Stone, near Kentucky. [3] [4] 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]
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On 1 December 2024, Holcim announced that it would sell its 83.8% stake in Lafarge Africa Plc to China's Huaxin Cement for $1 billion, [13] a move seen as part of Holcim's strategy to focus on high-growth regions and sustainable business practices. The sale would be finalized by 2025, pending regulatory approvals.
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