Oldcastle Materials
![]() Logo | |
Headquarters | 900 Ashwood Parkway, Suite 700, Atlanta, Georgia, United States |
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Number of locations | 1,200 (2018) |
Key people | |
Number of employees | 18,000 (2018) |
Parent | CRH plc |
Oldcastle Materials Inc. is a leading 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.[4]
Description and subsidiaries
Oldcastle Materials has been described as a leading supplier of construction materials,[5] including aggregates, asphalt, cement, concrete, and rocks. The company also offers construction and paving services throughout North America. Oldcastle Materials had approximately 1,200 locations in 43 U.S. states and 8 provinces of Canada, as of April 2017.[6] The company is incorporated in Delaware and headquartered in Atlanta.[7] Randy Lake serves as chief executive officer (CEO).[8]
Brands and subsidiaries include:
- APAC Central[9]
- APAC-Texas[10]
- Arkhola[11]
- Central Pre-Mix Concrete[4][12]
- Egge Sand & Gravel[13]
- Eugene Sand & Gravel[13]
- Four Corners Materials[14][15]
- Inland Asphalt[4]
- Interstate Concrete & Asphalt Co.[4]
- Midsouth Aggregates[16]
- Mulzer Crushed Stone (Tell City, Indiana)[17]
- Oldcastle Materials Northwest Group[4]
- Pike Industries Inc. (Belmont, New Hampshire)[18]
- Preferred Materials (Myers, Florida)[19]
- Shelly Co. (Thornville, Ohio)[19][20]
- Southern Minnesota Construction[21]
- Spokane Rock Products (Spokane, Washington)[4]
- Staker Parson Company (Ogden, Utah)[22]
- Stoneco (Ann Arbor, Michigan)[23][24][25]
- Tilcon New York[26]
- United Companies (Grand Junction, Colorado)[27]
- West Virginia Paving[28]
History
Tom Hill was named Oldcastle Materials' president in 1991, and began serving as CEO in early 2000.[29] The company saw significant growth during his tenure.[30] Oldcastle Materials' sales increased from $100 million to $7 billion between 1992 and 2006.[31]
In October 2016, Oldcastle Materials announced plans to build a new asphalt plant and distribution center at Port San Antonio's East Kelly Railport.[5][32][33]
Acquisitions and divestitures
The company acquired Tilcon in 1996.[34][35] Oldcastle Materials purchased Central Pre-Mix,[36] Four Corners Materials,[15] Inland Asphalt, and Interstate Concrete in 1997.[37] The company acquired Thompson-McCully Co. in mid 1999,[38] and Acme Materials & Construction in 2000.[37][39] In March 2002, Oldcastle Materials agreed to purchase US Aggregates operations in Alabama, Arizona, Nevada, Tennessee, and Utah, Arizona, for $140 million.[40]
In 2006, the company acquired Egge Sand & Gravel.[41][42] Oldcastle Materials took a fifty percent equity stake in American Cement Company for $50 million, marking Oldcastle Materials' entry into the U.S. cement industry and its first investment in Florida.[43] The company also purchased Ashland Inc.'s paving and construction business for $1.3 billion.[44][45] Oldcastle Materials purchased McMinn's Asphalt in 2007, and subsequently made the company part of its Pennsy Supply subsidiary.[46][47] Oldcastle Materials also purchased Eugene Sand & Gravel in 2007.[48] The company acquired asphalt and concrete assets of the Wheeler Companies (Ironhorse Asphalt, Texas Concrete Materials, Wheeler Coatings Asphalt, and Wheeler Coatings SA) in late 2009 for an undisclosed amount.[10] The merged company became known as APAC Texas-Wheeler Companies.[49]
Oldcastle Materials acquired Central Supply Inc. and Central Trucking, based in Clarksburg, West Virginia, in November 2011.[50] Some of Central Pre-Mix's assets were sold to American Rock Products in December 2014.[51] Boxley Materials' West Virginia operations, which included a concrete plant trucking business, and quarries,[52] were sold to Oldcastle Materials in late 2015.[53] Mulzer Crushed Stone was acquired in March 2017 and had approximately 600 employees in three U.S. states at the time.[17][54] Spokane Rock Products had approximately 120 employees when Oldcastle Materials purchased the company in March 2018.[4][55]
Rankings and recognition
According to United States Geological Survey (USGS) data, Oldcastle Materials was the fourth largest aggregate producer in the United States in 2004.[56] The company ranked third by 2011,[57] and was also the leading sand and gravel producer.[58] Oldcastle Materials was the fourth largest crushed stone producer in the nation in 2012, according to the USGS.[59][60] The company ranked number three on Aggregate Manager's 2012 list of the "top 25 construction aggregates producers" in the U.S.,[61] and number three on its 2016 list of the nation's "top 25 crushed stone producers".[62] The USGS said Oldcastle Materials was the third largest crushed stone producer in the U.S. in 2017.[63][64] The company was the leading asphalt producer in the nation, as of 2017.[16][65]
Oldcastle Materials has been recognized for excellence in concrete and operations,[66][67] and some of its subsidiaries have won awards for quality construction,[18][19] environmentally friendly operations,[22] innovation,[68][69] and safety.[11]
References
- 1 2 "Company Overview of Oldcastle Materials, Inc". Bloomberg.com. Bloomberg L.P. Retrieved April 10, 2018.
- ↑ "Ash Grove Cement announces $3.5 B sale". The Chanute Tribune. September 21, 2017. Retrieved April 10, 2018.
- ↑ Sokol, Chad (August 10, 2017). "Spokane County Conservation District pays $1.2 million for unused quarry in Spokane Valley". The Spokesman-Review. Cowles Company. OCLC 11102529. Retrieved April 10, 2018.
- 1 2 3 4 5 6 7 Kramer, Becky (March 5, 2018). "Spokane Rock Products purchased by Oldcastle Materials". The Spokesman-Review. Retrieved April 10, 2018.
- 1 2 Chapa, Sergio (October 11, 2016). "Oldcastle Materials to build asphalt plant at Port San Antonio". San Antonio Business Journal. American City Business Journals. Retrieved April 10, 2018.
- ↑ Lamont, Judith (April 29, 2017). "Crowdsourcing: friend or foe of KM?". KMWorld. Information Today, Inc. Retrieved April 10, 2018.
- ↑ "WV AG Morrisey files lawsuit against paving companies". Charleston Gazette-Mail. HD Media. January 11, 2017. Retrieved April 10, 2018.
- ↑ "Oldcastle Materials CEO offers aggregate industry outlook". Pit and Quarry. March 30, 2018. Retrieved April 10, 2018.
- ↑ Grayson, Wayne (February 22, 2017). "Kespry Drone 2s brings centimeter-level survey accuracy, single base station setup to automated drone platform". Equipment World. Retrieved April 11, 2018.
- 1 2 "Oldcastle Materials buys Texas asphalt, concrete companies". San Antonio Business Journal. December 15, 2009. Retrieved April 10, 2018.
- 1 2 "Arkhola, a company in Oldcastle Materials Group's southwest division, has been awarded first place in overall safety for 2007". Arkansas Business. Arkansas Business Publishing Group. May 19, 2008. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Minnick, Benjamin (July 20, 2015). "Bellevue theater-in-the-round was built like a mini-Kingdome". Seattle Daily Journal of Commerce. Retrieved April 11, 2018.
- 1 2 Palmer, Susan (June 11, 2009). "Paving Change". The Register-Guard. ISSN 0739-8557. OCLC 9836354. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Clines, Kerry (September 7, 2017). "Four Corners Materials' Animas Glacier Facility ramps up production". Aggregates Manager. Retrieved April 11, 2018.
- 1 2 Kuhar, Mark S. (December 1, 2004). "New technology for Oldcastle: Oldcastle Materials goes to the "Four Corners" of America and switches to a new type of crusher". Pit and Quarry. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- 1 2 Kunar, Mark S. (October 1, 2017). "Pumping Up Production: Midsouth Aggregates Found a Submersible Pump That Delivered Reliability to the Operation's Stone Washing Tower". Rock Products. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- 1 2 Clines, Kerry (March 7, 2017). "Oldcastle Materials acquires Mulzer Crushed Stone". Aggregates Manager. Retrieved April 10, 2018.
- 1 2 "Central Maine business briefs". Kennebec Journal. MaineToday Media. March 5, 2016. ISSN 0745-2039. Retrieved April 10, 2018.
- 1 2 3 Hill, Chris (February 16, 2016). "NAPA names 10 Larry H. Lemon Quality In Construction Award winners". Equipment World. Retrieved April 10, 2018.
- ↑ McKinnon, Julie M. (July 20, 2004). "More small quarries in Toledo, Ohio, area become chunks of large aggregations". The Blade. Block Communications. OCLC 12962717. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Southern Minnesota Construction:
- Fischenich, Mark (May 9, 2015). "From Pit to Park? Spacious, water-filled park may reclaim mined-out gravel pit". The Free Press. CNHI. Retrieved April 11, 2018.
- Fischenich, Mark (May 19, 2016). "Creation of area's largest local park nearing approval". The Free Press. Retrieved April 11, 2018.
- Fischenich, Mark (July 25, 2016). "City approves purchase of massive new park". The Free Press. Retrieved April 10, 2018.
- 1 2 "Staker Parson Earns NAPA Award for Ecological Operations". Construction Equipment. July 20, 2016. Retrieved April 10, 2018.
- ↑ Durr, Matt (January 16, 2016). "$2.1M piece of land donated to wetlands conservation efforts in Ann Arbor". Live.com. Booth Newspapers. Retrieved April 10, 2018.
- ↑ "Stoneco honors Denniston Quarry". The Monroe News. June 17, 2016. Retrieved April 11, 2018.
- ↑ K R, Shaffer (May 1, 2004). "Indiana". Mining Engineering. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Yanik, Kevin (September 18, 2017). "Producers welcome congressmen to their quarries". Pit and Quarry. Retrieved April 11, 2018.
- ↑ Constantino, Darren (December 1, 2009). "Washing on the go: a single-chassis screening/washing plant provides a Colorado company with quick setup and increased production". Pit and Quarry. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Sauber, Elaina (December 18, 2016). "WV Paving says company 'sucker punched' by antitrust lawsuit". Charleston Gazette-Mail. Retrieved April 10, 2018.
- ↑ "Form 20-F: CRH public limited company". U.S. Securities and Exchange Commission. Retrieved April 10, 2018.
- ↑ "Senior management changes at CRH". Agg-Net. Retrieved April 10, 2018.
- ↑ Dunphy, Therese (December 1, 2016). "AggMan of the Year 2016". Aggregates Manager. Retrieved April 10, 2018.
- ↑ Brennan, Joe (October 20, 2016). "CRH to invest €900m in plants and facilities this year". The Irish Times. Retrieved April 10, 2018.
- ↑ "Oldcastle to Build Asphalt Plant at Port San Antonio". Rock Products. November 1, 2016. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ La Guerre, Liam (September 15, 2016). "William Sandbrook Is Making His Texas-Based Company New York's Concrete Behemoth". Commercial Observer. Observer Media. Retrieved April 10, 2018.
- ↑ Constantino, Darren (February 28, 2018). "P&Q Hall of Fame Profile: William J. Sandbrook". Pit and Quarry. Retrieved April 11, 2018.
- ↑ Sowa, Tom (December 16, 2014). "Central Pre-Mix strikes deal with Spokane Rock". The Spokesman-Review. Retrieved April 10, 2018.
- 1 2 Cannata, Amy (July 6, 2000). "Irish company buys Acme Materials ; Purchaser now has dominant position in area concrete business". The Spokesman-Review. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "Detroit Free Press Michigan Memo Column". Detroit Free Press. July 8, 1999. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "Central Pre-Mix shuffles team". The Spokesman-Review. November 16, 2000. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Canniffe, Mary (May 21, 2002). "CRH sell-offs halve the cost of US Aggregates purchase". The Irish Times. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ McDonald, Sherri Buri (November 2, 2006). "Owner sells Eugene, Ore., sand, gravel business to European conglomerate". The Register-Guard. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Dietz, Diane (March 14, 2010). "Keeping It Clean". The Register-Guard. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "CRH invests in cement joint venture in Florida". CemNet. August 2, 2006. Retrieved April 10, 2018.
- ↑ Wilson, Paul (August 22, 2006). "Ashland selling building division". The Columbus Dispatch. GateHouse Media. ISSN 1074-097X. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Schreiner, Bruce (August 22, 2006). "Ashland Inc. will sell construction division". Deseret News. Deseret News Publishing Company. Associated Press. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Mekeel, Tim (January 18, 2018). "80-year-old Stumpf Field on Fruitville Pike, once a hub for local sports, for sale for $5M". LNP. LNP Media Group. Retrieved April 10, 2018.
- ↑ "McMinn's Inc. sold to Irish firm". Intelligencer Journal. LNP Media Group. September 5, 2007. ISSN 0889-4140. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Mosley, Joe (August 14, 2007). "Gravel Company Sold". The Register-Guard. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Barer, David (June 7, 2016). "Spicewood asphalt plant sparks another lawsuit, resident departure". KXAN-TV. Retrieved April 10, 2018.
- ↑ "Oldcastle Materials' deal complete". Pit and Quarry. November 1, 2011. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Foster, Drew (January 13, 2015). "Asset sale shakes up local concrete company". Tri-City Herald. The McClatchy Company. OCLC 17157840. Retrieved April 10, 2018.
- ↑ Adams, Duncan (December 1, 2015). "Boxley expects sale of West Virginia operations, weighs selling entire company". The Roanoke Times. Berkshire Hathaway. Retrieved April 10, 2018.
- ↑ Adams, Duncan (February 23, 2016). "Boxley Materials announces sale to Denver-based business". The Roanoke Times. Retrieved April 10, 2018.
- ↑ "Oldcastle Buys Mulzer Crushed Stone". Rock Products. April 1, 2017. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "Oldcastle Buys Spokane Rock". The Spokesman-Review. March 6, 2018. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Kogel, Jessica Elzea (2006). Industrial Minerals & Rocks: Commodities, Markets, and Uses. SME. p. 1,109. Retrieved April 11, 2018.
- ↑ "Mega producers 2011". Pit and Quarry. May 1, 2011. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Kuhar, Mark S. (July 1, 2011). "The S & G 100: A Ranking of the Nation's Top Sand and Gravel Producers". Rock Products. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Kuhar, Mark S.; Smith, Josephine (May 1, 2012). "The Rock 100: A Ranking of the Nation's Top Crushed Stone Producers". Rock Products. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "Mega Producers 2012". Pit and Quarry. June 1, 2012. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ "The nation's top 25 crushed stone producers". Aggregate Mangers. June 15, 2017. Retrieved April 10, 2018.
- ↑ "The Nation's Top 25 Construction Aggregates Producers". Aggregates Manager. March 19, 2012. Retrieved April 10, 2018.
- ↑ Yanik, Kevin (July 13, 2017). "Ranking the nation's top crushed stone producers". Pit and Quarry. Retrieved April 11, 2018.
- ↑ "Top 20 Crushed Stone Producers". Rock Products. August 1, 2017. Retrieved April 11, 2018 – via HighBeam Research. (Subscription required (help)).
- ↑ Kacich, Tom (April 18, 2017). "Shimkus, Davis both sitting on hefty war chests for 2018". The News-Gazette. Retrieved April 10, 2018.
- ↑ "Hard-won honors given to projects featuring concrete". Daily Journal of Commerce. May 18, 2017. Retrieved April 10, 2018.
- ↑ Hill, Chris (July 21, 2016). "NAPA honors 10 with Operational Excellence Awards". Equipment World. Retrieved April 10, 2018.
- ↑ Hill, Chris (October 5, 2015). "ARTBA Transportation Development Foundation honors work zone 'monsters', other safety efforts". Equipment World. Retrieved April 10, 2018.
- ↑ "Business Briefcase published Sunday, Aug. 7". Independent Record. Lee Enterprises. August 7, 2016. Retrieved April 10, 2018.