Rock Products

MAY 2018

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28 • ROCK products • May 2018 www.rockproducts.com Capstone Update growth was driven by the consolidation of Italcementi begin- ning on July 1, 2016. In 2016, Italcementi contributed to sales volumes, revenue and results only in the second half of the year, in 2017, for the full year. On a like-for-like basis, volume increased across the board but at a slower pace. "We successfully completed the year 2017 despite a very chal- lenging market environment and achieved our operational earnings target," said Dr. Bernd Scheifele, chairman of the managing board. "The challenges were numerous: energy cost inflation, increased competition in emerging markets, especially in Indonesia, uncertainties following the Brexit decision and bad weather, especially in the USA. Nevertheless, we were able to increase our result from current operations as guided. The consistent focus on efficiency and margin improvement and the successful integration of Italcementi that led to higher than expected synergies contributed to this success. Overall, 2017 was a record year for sales volumes, revenue and result from current operations." In 2017 HeidelbergCement finalized the acquisition of Cemex's Pacific Northwest Materials Business consisting of aggregate, asphalt and ready mixed concrete operations in Oregon and Washington for a purchase price of approximately $150 million. 2 Vulcan Materials Co. Acquired Aggregates USA (Dec. 29, 2017) Vulcan Materials Company has acquired Aggregates USA for $900 million. The transaction closed in late December and is expected to grow Vul- can's market share in the Southeast. The acquisition includes three granite quarries in Georgia and 16 rail distribution yards in Georgia, South Caro- lina, and Florida. Pursuant to its previously planned and announced agreement with the United States Department of Justice, Vulcan has divested certain former holdings of Aggregates USA, LLC relating to its operations in Tennessee and Virginia to Blue Water Industries LLC, for a sales price of $290 million. Aggregates USA, LLC produces construction aggregates including sand, gravel, limestone, and granite. Notable Transaction LATE BREAKING NEWS Okada America, Inc.'s rock breaker systems are mounted at primary jaw, impact and gyratory crushers and stationary grizzlies. They are used for crushed stone, hard rock and ore reduction and C & D recycling applications. And, they are designed specifically for stationary primary crushing plants as well as mobile and portable plants All systems include positioning pedestal boom, ORV Series hydraulic impact breaker, electric power unit, operator controls, first use start- up and commissioning including operator and maintenance training. For more information, call 1-800-270-0600 or visit www.okadaamerica.com 12950 SE Highway 212 Clackamas, Oregon 97015 503.557.7033 904 Medina Road Medina, Ohio 44256 330.239.2666 115 Commerce Boulevard Cleburne, Texas 76033 817.774.1295 ©2018 Okada America, Inc.

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