The Deal: Vulcan Dumps Florida Cement For $720M - TheStreet

6.19 Unusual Income Statement Items. Vulcan Materials Company, a Lo member of the S&P S00 Index, is the nation's largest producer of construction aggregates a major producer of asphalt mix and concrete, and a leading producer of cement in Florida Exhibit 6.19 presents Vukan's summarized income statement In Note 2 to the consolidated financial statements, "Discontinued Operations Vulcan ...

Vulcan to Sell Florida Cement, Concrete Assets ...

Jan 23, 2014· The deal will see assets including a cement plant in Florida and grinding facility in Georgia change hands from Vulcan, the largest producer of construction materials in the United States, to Argos, the largest producer of cement in Colombia. Vulcan reportedly initiated the purchase to increase its cash flow and ease the burden of some of its ...

Argos enters Florida through Vulcan concrete, cement plant ...

Jan 27, 2014· Now Vulcan Materials Co., which acquired Florida Rock for $4.2 billion in 2007, is selling off the former Florida Rock cement facilities for a fairly big price. Vulcan announced an agreement Thursday to sell its Florida cement and concrete operations to Colombia-based Cementos Argos for $720 million in cash.

Vulcan Materials to Acquire Florida Rock in $4.6 Billion ...

Vulcan Materials Company, a member of the S&P 500 index with headquarters in Birmingham, Alabama, is the nation's largest producer of construction aggregates - primarily crushed stone, sand and gravel - and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete. Contact: Tel: (205) 298-3220

Vulcan Materials Completes Sale Of Florida Cement And ...

Jan 23, 2014· The deal will see assets including a cement plant in Florida and grinding facility in Georgia change hands from Vulcan, the largest producer of construction materials in the United States, to Argos, the largest producer of cement in Colombia. Vulcan reportedly initiated the purchase to increase its cash flow and ease the burden of some of its ...

Vulcan Materials leaving ... - Jacksonville, Florida

Jan 23, 2014· Vulcan Materials said Wednesday it has a deal in place to sell its cement and concrete operations in Florida and southern Georgia to Colombia's Cementos Argos for $720 million in cash, a …

Vulcan Reports Third Quarter Results - MarketWatch

About Vulcan Materials Company Vulcan Materials Company, a member of the S&P 500 index, is the nation's largest producer of construction aggregates and a major producer of asphalt mix and concrete.

Vulcan finalizes $720M sale of cement businesses - Tampa ...

Jan 23, 2014· Sources: CP staff; Vulcan Materials Co., Birmingham, Ala. Vulcan Materials has announced a definitive agreement to sell Colombia-based Cementos Argos 69 ready mixed and 13 concrete block plantsin Florida and south Georgia; a Newberry, Fla., cement mill; plus, Tampa and Port Manatee cement grinding facilities and terminals for gross cash proceeds of $720 million.

Vulcan Reports Third Quarter Results - MarketWatch

Vulcan Materials to acquire Aggregates USA 31 May 2017, Published under Cement News Vulcan Materials Co has reached a definitive agreement with SPO Partners to acquire its aggregates business, Aggregates USA LLC for US$900m in cash. Aggregates USA LLC operates 31 facilities serving high growth markets in Georgia, Florida, Tennessee, South ...

Ready-Mixed Concrete - Vulcan Materials Company

Vulcan Materials Company (NYSE: VMC) is an American company based in Birmingham, Alabama.It is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 7,000 people at over 300 facilities.

Vulcan Materials: A Strong Buy

6.19 Unusual Income Statement Items. Vulcan Materials Company, a Lo member of the S&P S00 Index, is the nation's largest producer of construction aggregates a major producer of asphalt mix and concrete, and a leading producer of cement in Florida Exhibit 6.19 presents Vukan's summarized income statement In Note 2 to the consolidated financial statements, "Discontinued Operations Vulcan ...

Vulcan Materials to Acquire Florida Rock in $4.6 Billion ...

Jan 23, 2014· Vulcan Materials Co. will sell its cement and concrete businesses in Florida to Cementos Argos for gross cash proceeds of $720 million. The company will retain all of its aggregates operations in Florida. As part of the transaction, Vulcan has entered into a supply agreement to continue to provide aggregates to divested concrete facilities at market prices for a 20-year period. The …

Vulcan Materials Florida asset sale complete

Jan 23, 2014· Vulcan Materials Co. will sell its cement and concrete businesses in Florida to Cementos Argos for gross cash proceeds of $720 million. The company will retain all of its aggregates operations in Florida. As part of the transaction, Vulcan has entered into a supply agreement to continue to provide aggregates to divested concrete facilities at market prices for a 20-year period. The …

Vulcan selling former Florida Rock cement facilities | Jax ...

But that changes when you expand the graph to include Vulcan Materials, a Birmingham-based concrete supplier. On the Wells Fargo side, Donald B Rice – the chairman of Wells Fargo until 2007 – sits on the Vulcan board. ... Vulcan Materials Announces The Sale Of Florida Cement And Concrete. Read more. Get involved.

Vulcan Materials Company - Wikipedia

Vulcan Materials Announces The Sale Of Florida Cement And Concrete Assets For $720 Million Transaction Further Sharpens Core Aggregates Focus, Increases Profitability and Cash Flows

Vulcan Materials: A Strong Buy - Analyst Blog | Nasdaq

A Strong Foundation. Vulcan Materials Company is the nation's largest producer of construction aggregates—primarily crushed stone, sand and gravel—and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete.

Vulcan to Sell Florida Cement, Concrete Assets ...

Oct 02, 2015· Built in 1963 and 1965, the structures were built for Florida Rock Industries Inc. Vulcan Materials, based in Birmingham, Ala., bought Jacksonville-based Florida Rock in November 2007 for $4.2 billion. It was the largest acquisition in Vulcan's 50-year history. Upon the sale, the Springfield site was near capacity, Arbuckle said.

Vulcan Materials Looks Undervalued - Barron's

BIRMINGHAM, Ala./PRNewswire/ — Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, announced today that it has entered into a definitive agreement to sell the Company's cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million.


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