SOURCE: Titan America | November 18, 2024
Titan America has confirmed its acquisition of D.M. Conner Sand & Gravel Company, which expands its footprint in the Mid-Atlantic region.
D.M. Conner Sand & Gravel Company operates an aggregates Quarry in Stuarts Draft, Viginia, which will add to Titan America’s existing assets and subsidiaries that produce cement, aggregates, ready-mix concrete, concrete block, and beneficiated fly ash.
“This strategic acquisition aligns with our vision for sustainable growth and innovation,” said Bill Zarkalis, chief executive officer of Titan America.
“The quarry’s aggregates reserves strengthen our market position, while its substantial clay deposits represent a critical raw material source for our innovative cement solutions, including a first-of-its-kind calcined clay production line at our Roanoke, Virginia plant.
“By securing these strategic mineral reserves, we’ve enhanced our raw materials self-sufficiency and guaranteed long-term sourcing of key inputs for our fully integrated operations. We look forward to swiftly integrate this valuable addition to our portfolio.”
Titan America is part of the TITAN Cement Group which has a worldwide presence in cement and construction materials. It employs around 5,500 people across more than 15 countries including Europe and the United States of America. The group has production facilities in 10 countries ranging from Greece and Western Europe through to Southeastern Europe and the Eastern Mediterranean plus the USA.
“The addition of these sand, gravel and critical minerals strengthens our growing aggregates position and the strategic location of these assets reinforces our ability to deliver exceptional products and services to our customers in the Mid-Atlantic region,” said Kevin Baird, president of Titan America’s Mid Atlantic business.
“As we integrate D.M. Conner into our operations, we are fully committed to ensuring a smooth transition while upholding the highest standards of service and operational excellence across all aspects of the business. We are pleased to welcome the D.M. Conner team to Titan America.”
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