Issue 2 • Volume 3 • April 10
CORPORATE UPDATES Development Update
By Pascal Convers, senior vice president, development
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| Pascal Convers |
Southwest
Division
APAC-Missouri
acquired select
aggregate and
asphalt assets
of Lafarge
in central
and eastern
Missouri.
Lafarge's
Missouri
operations bring 136 million tons of well-located,
permitted reserves. It is an excellent
fit with APAC-Missouri operations, allowing
us to attain fixed overhead and operating
synergies. It also expands our operations into
the high-growth western St. Louis market via
an aggregates-based platform.
Central Division
Shelly-Twinsburg acquired selected assets
of Lafarge in northeast Ohio that consist
of three aggregate rail yards, a property
with 81 million tons of reserves, one sand
and gravel site, and one limestone quarry.
The Lafarge operations bring 113 million
tons of well-located, permitted reserves,
including 21.8 million tons of sand and
gravel reserves that are a solution to the
2015 depletion of our Jefferson S&G pit. It
also allows Shelly Twinsburg to reconfigure
its aggregates supply chain to reduce costs
and increase margins for both the Shelly
Twinsburg and Shelly Findlay divisions.
Northeast Division
The Dolomite Group acquired Blades,
an aggregate, asphalt and construction
company based in Hornell, N.Y. The Blades
family has owned and operated the business
for three generations, which has steadily
grown to become a significant player in
western New York. It offers a significant
geographic expansion in New York state,
with potential for further expansion into the
Syracuse and Buffalo markets. There also is
potential to expand paving operations into
the Rochester market where Dolomite has
a strong position in aggregates, asphalt and
ready mixed concrete.
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