Americas

CRH has finalised its US$2.1 billion acquisition of Martin Marietta Materials' Texas, USA, cement and ready-mixed concrete assets.

US Rokbak dealer GT Mid Atlantic found that telematics systems became so beneficial to increasing customer uptime and productivity that it established a dedicated unit to monitor equipment – which has proven to be a huge success with its customers.

Cemex reports record annual EBITDA as part of a strong set of 2023 results, with an 8% growth in sales to US$17.416 billion, a 20% increase in EBITDA to $3.347 billion, and a more than doubling of Free Cash Flow after maintenance capex to $1.2 billion.

Cemex has been recognised for environmental leadership and transparency in climate action disclosure by global environmental non-profit organisation CDP, securing a place on its annual 'A List'.

Caterpillar set a new company annual sales and revenues and adjusted profit per share record in 2023.

According to a proprietary model developed by Associated Builders and Contractors (ABC), the US construction industry will need to attract an estimated 501,000 additional workers on top of the normal hiring pace in 2024 to meet the demand for labour.

ProStack, a leading global manufacturer of bulk material handling solutions, has added Powerscreen Crushing and Screening to its global distributor network. This strategic relationship signifies ProStack's commitment to expanding its footprint in North America and providing customers with innovative material processing solutions.

Continental has announced, together with the governor of Aguascalientes, plans to build a new hydraulic hose plant in Mexico for industrial purposes. The planned investment is worth around US$90mn and will be one of the biggest 2024 investments in Continental's ContiTech group sector.

INFORM, a global pioneer in AI-powered optimisation software based in Aachen, Germany, and BCMI, an innovative leader in cloud-based software for ready-mix concrete and bulk materials based in Redmond, WA, announced a collaboration during World of Concrete in Las Vegas.