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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 ...
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 ...
Analysts said the deal could lead to further mergers within the industry and give competitors a chance to pick up assets at a bargain price. [ 2 ] 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 ...
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The S&P CoreLogic Case-Shiller US National Home price index increased by 0.7% month over month in May on a seasonally adjusted basis. Home prices cement a rebound with 4 straight months of growth ...
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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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