News

Terex Corporation has announced the acquisition of Steelweld, a Northern Ireland-based manufacturer of heavy fabrications.

Granite Construction CEO and president Kyle Larkin said the U.S. construction and building materials major made “significant” strides executing its strategic plan in the first three months of 2022, despite a Q1 net loss from continuing operations totalling US$19 million.

Arcosa, a Dallas, Texas-headquartered provider of infrastructure-related products and solutions, saw its construction business revenues increase by 38% to US$211.5 million in Q1 2022.

The company's impressive performance was primarily driven by recent acquisitions, higher volumes and pricing in its recycled aggregates and specialty materials businesses, and increased volumes and higher steel prices in its shoring products business.

After two years, the National Stone, Sand & Gravel Association (NSSGA) gathered the current Young Leaders and alumni to meet in San Diego, California, to celebrate its 30th anniversary.

Holcim has completed the acquisition of PRB Group, France’s biggest independent manufacturer of specialty building solutions, with 2022 estimated net sales of €340 million.

Martin Marietta Materials (Martin Marietta), a leading American supplier of aggregates and heavy building materials, achieved healthy revenues but profit margins dipped in the first quarter of 2022.

In the week that it was revealed its merger with Ritchie Bros will not happen, Euro Auctions has announced it produced the biggest sale in the history of its Leeds site with 5,500+ lots and a hammer of £45.3m.

CNH Industrial says it made a solid performance in the first quarter of the year, with consolidated revenues up by 13.4% to US$4.6bn compared to Q1 2021 for continuing operations.

Off-highway diesel engine maker DEUTZ says it can look back on a successful 2021, with revenue and earnings both significantly up on the previous year.

Cummins says it is working with telematics service provider Topcon/Tierra to support manufacturer LiuGong.

Whitemountain Quarries Ltd, Lagan Asphalt Ltd, and Lagan Materials Ltd have rebranded as Breedon Ireland.