The transaction is expected to close later this year, subject to closing conditions.
Birmingham’s Vulcan Materials Co. has entered into an agreement to acquire North Carolina-based Wake Stone Corp., an aggregates supplier.The acquisition adds quality hard rock reserves, as well as five locations in the Carolinas with more than 200 employees.
Vulcan Materials’ CEO Tom Hill said Wake Stone fits into the company’s “aggregates-led growth strategy of continuing to expand our reach to better serve more high-growth regions in the United States.” “Established in 1970, Wake Stone has successfully built a leading aggregates franchise that shares many of the same values as Vulcan,” Hill said. “Our people are at the heart of our business, and we are excited to work with the talented Wake Stone team.”last week were among six members of the body who have introduced a bill that would impose penalties on Mexico if it attempts to profit from seizing a Mexican port facility.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alabama Congressional delegation demands stop to Mexico’s seizure of Vulcan Materials port facilityEvery member of Alabama’s House delegation, in a bipartisan letter to U.S. Trade Representative (USTR) Katherine Tai, requested action.
Read more »
Britt, Tuberville pushing bill to pressure Mexico to back down on Vulcan Materials port dispute'President López Obrador’s scheme to seize Vulcan’s deep-water port would be a flagrant expropriation of a lawfully permitted, U.S.-owned operation.'
Read more »
South Korea says North Korea has fired a ballistic missile toward the North’s eastern watersSouth Korea says North Korea has fired a ballistic missile toward the North’s eastern waters. South Korea’s Joint Chiefs of Staff said the launch happened Thursday morning but gave no further details.
Read more »
Unnamed storm brings 1 foot of rain to parts of North Carolina, heads northDennis Romero is a breaking news reporter for NBC News Digital.
Read more »
North Texan waits to hear from mother, grandmother after North Carolina stormMore than 24 hours passed without any word from Sarah Fivecoat's mom and grandmother, who were waiting out the storm in Asheville, North Carolina.
Read more »
North Texan waits to hear from mother, grandmother after North Carolina stormMore than 24 hours passed without any word from Sarah Fivecoat's mom and grandmother, who were waiting out the storm in Asheville, North Carolina.
Read more »