Rock Products

APR 2019

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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8 • ROCK products • April 2019 www.rockproducts.com IN THE KNOW Aggregates Inc. Financial details of the acquisition were not disclosed. The "Honey Creek" property has access to a major rail line, and Knife River anticipates adding a rail loading facility to the site to transport aggregates to existing company locations in Waco, Bryan and Beaumont, Texas, as well as to third parties. Knife River is pursuing the necessary permits to harvest the aggregates. Once permitted, Knife River expects this source will provide an approximately 40-year supply of high-quality aggregates to Knife River's existing Texas markets. "This acquisition supports our strategy of focusing on vertical integration," said Goodin. "High-quality construction materi - als are centrally important to Knife River, and we believe that growing our aggregates position in Texas and owning more of our source rock is a good business decision." Arcosa Inc., a provider of infrastructure-related products and solutions, announced results for the fourth quarter and full year ended Dec. 31, 2018. Fourth quarter highlights include: • Revenues were $374.4 million, up 8 percent. •  Net income was $27.7 million, up 17 percent; excluding non-routine items, adjusted net income was $19.8 million, up 14 percent. Full-year 2018 highlights include: •  Revenues were $1,460.4 million, essentially flat with 2017. •  Net income was $75.7 million, down 16 percent; excluding non-routine items, adjusted net income was $89.1 million, up 7 percent. Commenting on the results, Antonio Carrillo, president and chief executive officer, noted, "Arcosa made significant prog- ress on a number of key strategic initiatives in the fourth Arcosa Reaps Benefits from ACG Materials Acquisition CST Industries, Inc. | 903 E 104th Street, Suite 900 | Kansas City, MO 64131 | +1 844-44-TANKS FLAT-PANEL JACK-BUILT STORAGE SOLUTION FULL LINE PRODUCT PORTFOLIO TO OFFER THE RIGHT SOLUTION, EVERY TIME CST is the only tank manufacturer in the world that provides a flat panel jack-built tank, a chime panel scaffold built tank and factory welded tank designs, all capable of safely and economically being installed on every diverse site imaginable. World-class coatings with OptiBond TM coating process 125+ years of experience EMR rate well below industry average 350,000 installations in over 125 Countries CST offers a complete suite of inspection, maintenance, repairs, modification and turnkey services W O R L D R E C O G N I Z E D L E A D E R I N D R Y B U L K S T O R A G E TECTANK CP ™ WELDED Optimized Design – Reduced Hardware Required/Reduced Penetration Points Industry Leading Gasket – Leak Proof Design Heavy Duty Jacking System – Proof Load Tested and PE Stamped Preconfigured Models Available – Lead Time Within 10 Weeks of Order CST OptiBond™ Proprietary Coating – Ensures Best Quality Available Faster Construction Time – 20% Faster Than Chime, 30% Faster Than Welded ¨ TECTANK FP ®

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