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LafargeHolcim announced the acquisition of Utelite Corporation, a major producer of expanded shale lightweight aggregates based in Coalville, Utah. This move enhances LafargeHolcim's aggregate operations in the Mountain Region, specifically benefiting metro areas like Denver, Phoenix, and Las Vegas. With over 60 years of proven reserves and a dedicated workforce, this acquisition aims to strengthen LafargeHolcim’s market position and support sustainable building solutions.
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Acquisition of Utelite Corporation strengthens aggregate market position in the Mountain Region.
Utelite has over 60 years of proven and probable reserves.
The acquisition will enhance operations in key metropolitan areas like Denver, Phoenix, and Las Vegas.
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Acquisition strengthens aggregates footprint in Mountain Region
CHICAGO--(BUSINESS WIRE)--
Today, 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, 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.
About Holcim
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 employ 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.
