LafargeHolcim in the United States announced the acquisition of the Utelite Corporation in Coalville, Utah, a leading producer of expanded shale lightweight aggregates. This acquisition strengthens the company's aggregate position in the Mountain Region, which includes aggregate operations in the Denver, Phoenix and Las Vegas metro areas.
"For many years, Utah has been a dynamic and growing market, and the Utelite Corporation has been part of this growth," said Jay Moreau, CEO of US Aggregates & Construction Materials. "We're pleased to welcome the Utelite employees to our family and look forward to their experience and bench strength reinforcing our aggregates operations in the area."
Founded in 1962, Utelite's more than 40 employees serve customers across Western United States and Western Canada. The operation has more than 60 years of proven and probable reserves.
The company will become part of LafargeHolcim's Aggregate Industries Mountain Region.
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
In the United States, LafargeHolcim, part of the Holcim Group, includes close to 350 sites in 43 states and employs 7,000 people.
This story also appears on Aggregate Equipment Guide.
Today's top stories