Exhibit 99.1
Our Regional Platforms
We operate and currently have assets in 18 U.S. states and in British Columbia, Canada through our three regional platforms that make up our operating segments: West; Central; and East. Each of our operating businesses has its own management team that, in turn, reports to a regional president who is responsible for overseeing the operating businesses, developing growth opportunities, implementing best practices and integrating acquired businesses. Acquisitions are an important element of our strategy, as we seek to enhance value through increased scale and cost savings within local markets.
West Region. Our West region includes operations in Texas, the Mountain states of Utah, Colorado, Idaho and Wyoming and in British Columbia, Canada. We supply aggregates, ready-mixed concrete, asphalt paving mix and paving and related services in the West region. As of September 26, 2015, the West region controlled approximately 0.7 billion tons of proven and probable aggregates reserves and $423.0 million of net property, plant and equipment and inventories (“hard assets”). During the year ended December 27, 2014, approximately 55% of our revenue and approximately 49% of our Adjusted EBITDA, excluding corporate charges, were generated in the West region. In 2014, we expanded the West region’s operations with key acquisitions providing significant growth in Texas as well as the establishment of a new platform in British Columbia, Canada.
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Central Region. Our Central region extends across the Midwestern United States, most notably in Kansas, Missouri, Nebraska, Iowa and along the Mississippi River, where we supply aggregates, cement, ready-mixed concrete, asphalt paving mix and paving and related services. As of September 26, 2015, the Central region controlled approximately 1.0 billion tons of proven and probable aggregates reserves, approximately 0.5 billion of which serve its cement business, and $824.4 million of hard assets. During the year ended December 27, 2014, approximately 33% of our revenue and approximately 42% of our Adjusted EBITDA, excluding corporate charges, were generated in the Central region.
Our cement business consists of our Hannibal, Missouri and Davenport, Iowa cement plants and eight distribution terminals along the Mississippi River from Minnesota to Louisiana. The Hannibal, Missouri plant was commissioned in 2008 and is a highly efficient, technologically advanced, integrated manufacturing and distribution system strategically located 100 miles north of St. Louis along the Mississippi River. We utilize an on-site solid and liquid waste fuel processing facility, which can reduce the plant’s fuel costs by up to 50% and is one of only 12 facilities in the United States with such capabilities. In July 2015, we acquired the cement plant in Davenport, Iowa and seven distribution terminals along the Mississippi River. The Davenport cement plant primarily serves markets in Missouri, Iowa and along the Mississippi River. Our production capacity approximately doubled with the acquisition of the Davenport Assets. See “—The Davenport Acquisition.”
East Region. Our East region serves markets in Kentucky, South Carolina, North Carolina, Tennessee and Virginia, where we supply aggregates, asphalt paving mix and paving and related services. As of September 26, 2015, the East region controlled approximately 0.4 billion tons of proven and probable aggregates reserves and $157.4 million of hard assets. During the year ended December 27, 2014, approximately 12% of our revenue and approximately 9% of our Adjusted EBITDA, excluding corporate charges, were generated in the East region.
Summary Regional Data
(as of September 26, 2015)
West | Central | East | Total | |||||||||||||
Aggregates Details: | ||||||||||||||||
Tonnage of Reserves (thousands of tons): | ||||||||||||||||
Hard Rock | 329,617 | 923,347 | 429,613 | 1,682,576 | ||||||||||||
Sand and Gravel | 382,565 | 75,239 | 4,117 | 461,921 | ||||||||||||
Total Tonnage of Reserves (thousands of tons) | 712,182 | 998,586 | 433,730 | 2,144,497 | ||||||||||||
Annual Production Capacity (thousands of tons) | 23,883 | 4,486 | 5,040 | 33,409 | ||||||||||||
Average Years Until Depletion (1) | 30 | 223 | 86 | 64 | ||||||||||||
Ownership Details: | ||||||||||||||||
Owned | 34 | % | 71 | % | 38 | % | 52 | % | ||||||||
Leased | 66 | % | 29 | % | 62 | % | 48 | % | ||||||||
Aggregate Producing Sites | 60 | 61 | 24 | 145 | ||||||||||||
Ready-Mix Plants | 44 | 23 | — | 67 | ||||||||||||
Asphalt Plants | 22 | 5 | 14 | 41 | ||||||||||||
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Primary States and Provinces: | Texas | Kansas | Kentucky | |||||||||||||
Utah | Missouri | South Carolina | ||||||||||||||
Colorado | Iowa | North Carolina | ||||||||||||||
Idaho | Nebraska | Tennessee | ||||||||||||||
Wyoming | Illinois | Virginia | ||||||||||||||
Oklahoma | Minnesota | |||||||||||||||
British Columbia | Wisconsin | |||||||||||||||
Louisiana | ||||||||||||||||
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West | Central | East | Total | |||||||||||||
Primary Markets: | Houston, TX | Wichita, KS | Lexington, KY | |||||||||||||
Austin, TX | Kansas City, KS | Louisville, KY | ||||||||||||||
San Antonio, TX | Topeka, KS | Bowling Green, KY | ||||||||||||||
Midland, TX | Manhattan, KS | Elizabethtown, KY | ||||||||||||||
Dallas, TX | Lawrence, KS | Charlotte, NC | ||||||||||||||
Amarillo, TX | Columbia, MO | |||||||||||||||
Longview, TX | St. Louis, MO | |||||||||||||||
Texarkana, TX | ||||||||||||||||
Denison, TX | ||||||||||||||||
Salt Lake City, UT | ||||||||||||||||
Grand Junction, CO | ||||||||||||||||
| British Columbia, Canada | | ||||||||||||||
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Products Produced: | Aggregates | Aggregates | Aggregates | |||||||||||||
Ready-Mixed concrete | Cement | Asphalt | ||||||||||||||
Asphalt | | Ready-Mixed concrete | | |||||||||||||
Asphalt | ||||||||||||||||
Revenue by End Market for Year ended December 27, 2014: | ||||||||||||||||
Residential and Nonresidential | 67 | % | 55 | % | 10 | % | 56 | % | ||||||||
Public | 33 | % | 45 | % | 90 | % | 44 | % |
(1) | Calculated based on total reserves divided by our average of 2013 and 2014 annual production. |
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UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION
The following unaudited pro forma condensed consolidated financial information has been derived by applying pro forma adjustments to our and the Lafarge Target Business’ historical financial statements contained elsewhere or incorporated by reference in this offering memorandum.
The pro forma adjustments are based on currently available information, accounting judgments and assumptions that we believe are reasonable. The unaudited pro forma condensed consolidated balance sheet and statements of operations are presented for illustrative purposes only and do not purport to represent our balance sheet or results of operations that would actually have occurred had the transactions referred to below been consummated on September 26, 2015 for the unaudited pro forma condensed consolidated financial position and on December 29, 2013 for the unaudited pro forma condensed consolidated statements of operations, or to project our financial position or results of operations for any future date or period. The adjustments are described in the notes to the unaudited pro forma condensed consolidated financial information.
The Lafarge Target Business’ predecessor results included in the pro forma statements are presented based on their fiscal year, which is based on calendar period ends. Summit Materials’ fiscal year is based on a 52-53 week year. The resulting difference is not considered material to the pro forma condensed consolidated financial statements.
The unaudited pro forma condensed consolidated balance sheet as of September 26, 2015 and the unaudited pro forma condensed consolidated statements of operations for the year ended December 27, 2014 and the nine months ended September 26, 2015 are presented on a pro forma adjusted basis to give effect to the following items:
• | the closing of the Davenport Acquisition; |
• | the application of the net proceeds from this offering for the redemption of $153.8 million in aggregate principal amount of 2020 notes; and |
• | payment of actual and estimated premiums, fees and expenses in connection with the foregoing. |
Summit Materials entered into a supply agreement with Lafarge concurrent with the closing of the Davenport Acquisition (the “Davenport Supply Agreement”). The Davenport Supply Agreement provides us with the option to purchase up to a certain quantity of cement from Lafarge at an agreed-upon price. There is no minimum purchase requirement in the supply agreement, which may be extended to, but end no later than, March 31, 2016. Due to the number of estimates required to determine the effect of the supply agreement on our results of operations, the estimated $13.4 million and $30.2 million of revenue and $10.9 million and $25.4 million of cost of revenue in 2015 prior to the acquisition on July 17, 2015 and the year ended December 27, 2014, respectively, are not included in the pro forma condensed consolidated financial information below. These estimated revenues and cost of revenues represent estimates we developed based on our understanding of historical volumes and our forecast of future activities, including among other things, volumes, selling prices and freight costs. While we believe that our assumptions are reasonable, important factors could affect our results and could cause these amounts to differ materially, including without limitation variances in capacity and demand from period to period.
The unaudited pro forma condensed consolidated financial information should be read in conjunction with the information contained in “Selected Historical Consolidated Financial Data,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements for Summit Materials and the Lafarge Target Business included elsewhere in this prospectus.
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Summit Materials, LLC and Subsidiaries
Unaudited Pro Forma Condensed Consolidated Balance Sheet
As of September 26, 2015
(Amounts in thousands, except share and per share amounts)
Summit Materials, LLC | Pro Forma Adjustments For This Offering | Pro Forma Total | ||||||||||
Assets | ||||||||||||
Current assets: | ||||||||||||
Cash and cash equivalents | $ | 5,482 | $ | 96,950 | (a) | $ | 102,432 | |||||
Accounts receivable, net | 205,939 | — | 205,939 | |||||||||
Costs and estimated earnings in excess of billings | 34,175 | — | 34,175 | |||||||||
Inventories | 138,036 | — | 138,036 | |||||||||
Other current assets | 21,762 | — | 21,762 | |||||||||
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Total current assets | 405,394 | 96,950 | 502,344 | |||||||||
Property, plant and equipment, less accumulated depreciation, depletion and amortization | 1,276,227 | — | 1,276,227 | |||||||||
Goodwill | 567,836 | — | 567,836 | |||||||||
Intangible assets, less accumulated amortization | 15,481 | — | 15,481 | |||||||||
Deferred Tax Assets | — | — | — | |||||||||
Other assets | 51,798 | 4,125 | (b) | 55,923 | ||||||||
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Total assets | $ | 2,316,736 | $ | 101,075 | $ | 2,417,811 | ||||||
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Liabilities and Member’s Interest | ||||||||||||
Current liabilities: | ||||||||||||
Current portion of debt | $ | 68,125 | $ | — | $ | 68,125 | ||||||
Current portion of acquisition-related liabilities | 17,691 | — | 17,691 | |||||||||
Accounts payable | 113,226 | — | 113,226 | |||||||||
Accrued expenses | 90,880 | (5,700 | )(c) | 85,180 | ||||||||
Billings in excess of costs and estimated earnings | 11,005 | — | 11,005 | |||||||||
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Total current liabilities | 300,927 | (5,700 | ) | 295,227 | ||||||||
Long-term debt | 1,148,068 | 111,510 | (d) | 1,259,578 | ||||||||
Payable to related parties pursuant to tax receivable agreements | — | — | — | |||||||||
Acquisition-related liabilities | 33,320 | — | 33,320 | |||||||||
Other noncurrent liabilities | 114,575 | — | 114,575 | |||||||||
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Total liabilities | 1,596,890 | 105,810 | 1,702,700 | |||||||||
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Member’s Equity | 1,039,763 | — | 1,039,763 | |||||||||
Accumulated deficit | (293,101 | ) | (4,735 | )(e) | (297,836 | ) | ||||||
Accumulated other comprehensive loss | (28,087 | ) | — | (28,087 | ) | |||||||
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Member’s interest | 718,575 | (4,735 | ) | 713,840 | ||||||||
Noncontrolling interest | 1,271 | — | 1,271 | |||||||||
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Total member’s interest | 719,846 | (4,735 | ) | 715,111 | ||||||||
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Total liabilities and member’s interest | $ | 2,316,736 | $ | 101,075 | $ | 2,417,811 | ||||||
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See accompanying notes to unaudited pro forma condensed consolidated balance sheet.
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(a) | The $97.0 million increase to cash and cash equivalents represents excess proceeds from this offering to the balance sheet after fees and expenses related to this offering and the redemption of the 2020 notes, accrued interest on the 2020 notes and original issue discount, if any. |
(b) | The pro forma adjustment for certain deferred financing fees is included as an increase to other assets and reduction of cash and cash equivalents (see footnote (a) above). |
(c) | We estimate accrued interest on the $153.8 million of redeemed 2020 notes to be $5.7 million. The pro forma adjustment for accrued interest is included as a decrease to accrued expenses and reduction of cash and cash equivalents (see footnote (a) above). |
(d) | We estimate a net increase to long-term debt of $111.5 million, which reflects the net proceeds from this offering, less any original issue discount less the redemption of $153.8 million aggregate principal amount of 2020 notes and write-off of the related $5.6 million net premium. The pro forma adjustment for the changes to the senior notes is included as an increase to long-term debt and to cash and cash equivalents (see footnote (a) above). |
(e) | We estimate that we will incur a $10.3 million prepayment fee associated with the redemption of the $153.8 million aggregate principal amount of 2020 notes and will write-off the $5.6 million net premium on the 2020 notes. The net $4.7 million pro forma adjustment for the prepayment fee and premium write-off is included as a decrease to accumulated deficit and reduction of cash and cash equivalents (see footnote (a) above). |
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Summit Materials, Inc. and Subsidiaries
Unaudited Pro Forma Condensed Consolidated Statement of Operations
Nine Months Ended September 26, 2015
(Amounts in thousands, except share and per share amounts)
Summit | Pre-acquisition | Pro Forma | Pro Forma | Pro Forma | ||||||||||||||||||||||||
Revenue | $ | 1,030,835 | $ | 42,761 | $ | (4,291 | ) | (b | ) | $ | — | $ | 1,069,305 | |||||||||||||||
Cost of revenue | 719,838 | 29,356 | (2,408 | ) | (c | ) | — | 746,786 | ||||||||||||||||||||
General and administrative expenses | 149,484 | 6,615 | (46 | ) | — | 156,053 | ||||||||||||||||||||||
Depreciation, depletion, amortization and accretion | 86,818 | 3,632 | 7,447 | (d | ) | — | 97,897 | |||||||||||||||||||||
Transaction costs | 8,044 | — | (6,463 | ) | (e | ) | — | 1,581 | ||||||||||||||||||||
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Operating income | 66,651 | 3,158 | (2,821 | ) | — | 66,988 | ||||||||||||||||||||||
Other expense, net | (678 | ) | — | — | — | (678 | ) | |||||||||||||||||||||
Loss on debt financings | 64,313 | — | — | (5,565 | ) | (f | ) | 58,748 | ||||||||||||||||||||
Interest expense | 61,649 | — | — | 1,887 | (g | ) | 63,536 | |||||||||||||||||||||
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(Loss) Income from continuing operations before taxes | (58,633 | ) | 3,158 | (2,821 | ) | 3,678 | (54,618 | ) | ||||||||||||||||||||
Income tax (benefit) expense | (12,468 | ) | 1,073 | — | 1,383 | (h | ) | (10,012 | ) | |||||||||||||||||||
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Net (Loss) Income from continuing operations | (46,165 | ) | 2,085 | (2,821 | ) | 2,295 | (44,606 | ) | ||||||||||||||||||||
Income from discontinued operations | (815 | ) | (815 | ) | ||||||||||||||||||||||||
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Net (loss) income | (45,350 | ) | 2,085 | (2,821 | ) | 2,295 | (43,791 | ) | ||||||||||||||||||||
Net (loss) income attributable to noncontrolling interests | (1,917 | ) | — | — | — | (1,917 | ) | |||||||||||||||||||||
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Net income attributable to Summit Materials, LLC | $ | (43,433 | ) | $ | 2,085 | $ | (2,821 | ) | $ | 2,295 | $ | (41,874 | ) | |||||||||||||||
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See accompanying notes to unaudited pro forma condensed consolidated statement of operations for the nine months ended September 26, 2015.
(a) | The pre-acquisition results of Davenport Acquisition reflects the results of the Lafarge Target Business for the six months ended June 30, 2015 contained elsewhere in this offering memorandum. |
(b) | Represents the removal of revenue between December 28, 2014 and July 17, 2015 associated with the Bettendorf Terminal that was transferred to Lafarge as part of the consideration for the Davenport Assets ($11.9 million), partially offset by revenue from the Davenport Assets from July 1, 2015 to the acquisition date of July 17, 2015 ($7.6 million). |
(c) | Represents the additional cost of revenue for the period between December 28, 2014 and July 17, 2015 associated with the Bettendorf Terminal that was transferred to Lafarge as part of the consideration for the Davenport Assets related to the Davenport Assets ($7.9 million) , partially offset by cost of revenue for the period between July 1, 2015 to the acquisition date of July 17, 2015 ($5.5 million). |
(d) | Represents the estimated incremental depreciation expense of approximately $1.1 million per month related to the step-up in value of the Davenport Assets recognized through purchase accounting during the period between December 28, 2014 and July 17, 2015 (approximately seven months of incremental depreciation expense). As the purchase price allocation has not been finalized due to the recent timing of the acquisition, actual values may differ significantly from estimates made. |
(e) | Represents the elimination of transaction costs recognized during the nine months ended September 26, 2015 in conjunction with the Davenport Acquisition, which were principally composed of third party accounting, legal, valuation and financial advisory fees. |
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(f) | Represents the $5.6 million write-off of the net premium associated with the $153.8 million of 2020 notes expected to be redeemed with proceeds from this offering. |
(g) | Represents $0.5 million of incremental interest expense on $275.0 million of 6.125% notes as compared to $153.8 million of 10.5% notes redeemed and $1.4 million of incremental amortization of deferred financing fees and the original issuance discount. |
(h) | Represents the income tax expense related to the incremental interest expense and write-off of the net premium on the $153.8 million of redeemed 2020 notes. |
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Summit Materials, LLC and Subsidiaries
Unaudited Pro Forma Condensed Consolidated Statement of Operations
Year Ended Dec 27, 2014
(Amounts in thousands, except share and per share amounts)
Summit | Pre-acquisition | Pro Forma |
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Revenue | $ | 1,204,231 | $ | 113,680 | $ | — | $ | — | $ | 1,317,911 | ||||||||||||||||||
Cost of revenue | 887,160 | 67,155 | — | — | 954,315 | |||||||||||||||||||||||
General and administrative expenses | 150,732 | 16,049 | — | — | 166,781 | |||||||||||||||||||||||
Depreciation, depletion, amortization and accretion | 87,826 | 7,200 | 11,760 | (b | ) | | — — | | 106,786 | |||||||||||||||||||
Transaction costs | 8,554 | (50 | ) | — | 8,504 | |||||||||||||||||||||||
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Operating income | 69,959 | 23,276 | (11,710 | ) | — | 81,525 | ||||||||||||||||||||||
Other (income) loss, net | (3,447 | ) | 179 | — | — | (3,268 | ) | |||||||||||||||||||||
Loss on debt financings | — | — | (5,565 | ) | (c | ) | (5,565 | ) | ||||||||||||||||||||
Interest expense | 86,742 | — | — | 3,433 | (d | ) | 90,175 | |||||||||||||||||||||
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(Loss) Income from continuing operations before taxes | (13,336 | ) | 23,097 | (11,710 | ) | 2,132 | 183 | |||||||||||||||||||||
Income tax (benefit) expense | (6,983 | ) | 7,798 | — | 802 | (e | ) | 1,617 | ||||||||||||||||||||
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Net (Loss) Income from continuing operations | (6,353 | ) | 15,299 | (11,710 | ) | 1,330 | (1,434 | ) | ||||||||||||||||||||
Income from discontinued operations | (71 | ) | — | — | — | (71 | ) | |||||||||||||||||||||
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Net Loss (Income) | (6,282 | ) | 15,299 | (11,710 | ) | 1,330 | (1,363 | ) | ||||||||||||||||||||
Net income attributable to noncontrolling interests | 2,495 | — | — | — | 2,495 | |||||||||||||||||||||||
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Net (loss) income attributable to Summit Materials, LLC | $ | (8,777 | ) | $ | 15,299 | $ | (11,710 | ) | $ | 1,330 | $ | (3,858 | ) | |||||||||||||||
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See accompanying notes to unaudited pro forma condensed consolidated statement of operations for the year ended December 27, 2014.
(a) | The pre-acquisition results of Davenport Acquisition reflect the audited results of the Lafarge Target Business for the year ended December 31, 2014. |
(b) | Represents the estimated incremental depreciation expense of approximately $1.0 million per month related to the step-up in value of the Davenport Assets recognized through purchase accounting during year ended December 31, 2014. As the purchase price allocation has not been finalized due to the recent timing of the acquisition, actual values may differ significantly from estimates made. |
(c) | Represents the $5.6 million write-off of the net premium associated with the $153.8 million of 2020 notes expected to be redeemed with proceeds from this offering. |
(d) | Represents $1.6 million of incremental interest expense on $275.0 million of 6.125% notes as compared to $153.8 million of 10.5% notes redeemed and $1.8 million of incremental amortization of deferred financing fees and the original issuance discount. |
(e) | Represents the income tax expense related to the incremental interest expense and write-off of the net premium on the $153.8 million of redeemed 2020 notes. |
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Properties
Our headquarters are located in a 16,653 square foot office space, which we lease in Denver, Colorado, under a lease expiring on August 31, 2017.
As of September 26, 2015, we also operated 145 quarries and sand deposits, 41 asphalt paving mix plants and 67 fixed and portable ready-mixed concrete plants and had 51 office locations.
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The following chart sets forth specifics of our production and distribution facilities as of September 26, 2015:
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
West | DeQueen, Arkansas | Leased | — | X | — | — | — | — | ||||||||
West | Kirby, Arkansas | Leased | Sandstone | — | — | — | — | — | ||||||||
West | Texarkana, Arkansas | Leased | — | X | — | — | — | — | ||||||||
West | Abbotsford, British Columbia | Owned | — | — | — | — | — | X | ||||||||
West | Abbotsford, British Columbia | Leased | Granite | — | — | — | — | — | ||||||||
West | Abbotsford, British Columbia | Leased | Granite | — | — | — | — | — | ||||||||
West | Langley, British Columbia | Leased | — | — | — | — | — | X | ||||||||
West | Richmond, British Columbia | Owned/Leased | — | — | — | — | — | X | ||||||||
West | Richmond, British Columbia | Leased | — | — | — | — | — | X | ||||||||
West | Surrey, British Columbia | Leased | — | — | — | — | — | X | ||||||||
West | Surrey, British Columbia | Leased | — | — | — | — | — | X | ||||||||
West | Clark, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Craig, Colorado | Owned | Sand and Gravel | X | — | — | — | — | ||||||||
West | Craig, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Craig, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Delta, Colorado | Owned/Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Delta, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Durango, Colorado | Leased | Sand and Gravel | X | — | — | — | — | ||||||||
West | Durango, Colorado | Leased | Sand and Gravel | — | X | — | — | — | ||||||||
West | Eagle, Colorado | Leased | — | X | — | — | — | — | ||||||||
West | Fruita, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Grand Junction, Colorado | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Grand Junction, Colorado | Owned | — | X | — | — | — | — | ||||||||
West | Grand Junction, Colorado | Owned/Leased | Sand and Gravel | — | X | — | — | — | ||||||||
West | Grand Junction, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Grand Junction, Colorado | Owned | — | — | X | — | — | — | ||||||||
West | Grand Junction, Colorado | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Parachute, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Parachute, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Silverton, Colorado | Leased | — | — | X | — | — | — | ||||||||
West | Whitewater, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Whitewater, Colorado | Owned/Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Whitewater, Colorado | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Woody Creek, Colorado | Owned | Sand and Gravel | X | — | — | — | — | ||||||||
West | Bliss, Idaho | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Burley, Idaho | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Jerome, Idaho | Owned | — | — | X | — | — | X | ||||||||
West | Rupert, Idaho | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Rupert, Idaho | Owned | — | — | X | — | — | — | ||||||||
West | Rupert, Idaho | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Rupert, Idaho | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Twin Falls, Idaho | Owned | — | — | X | — | — | X | ||||||||
Central | Davenport, Iowa | Owned | Limestone | — | — | X | — | X | ||||||||
Central | West Des Moines, Iowa | Owned | — | — | — | X | — | — | ||||||||
Central | Andover, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Chapman, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Cummings, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Easton, Kansas | Leased | Limestone | — | — | — | — | — |
11
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
Central | El Dorado, Kansas | Leased | — | — | X | — | — | — | ||||||||
Central | El Dorado, Kansas | Owned | — | — | — | — | — | — | ||||||||
Central | Emporia, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Eudora, Kansas | Owned | Limestone | X | — | — | — | — | ||||||||
Central | Eudora, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Eureka, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Garnett, Kansas | Leased | — | — | X | — | — | — | ||||||||
Central | Grantville, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Herington, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Highland, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Holton, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Holton, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Howard, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Lawrence, Kansas | Owned | — | — | — | — | X | — | ||||||||
Central | Lawrence, Kansas | Owned | Limestone | — | — | — | — | — | ||||||||
Central | Lawrence, Kansas | Owned | Limestone | — | — | — | — | — | ||||||||
Central | Lawrence, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Leavenworth, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Linwood, Kansas | Owned | Limestone | — | — | — | — | — | ||||||||
Central | Moline, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | New Strawn, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Olsburg, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Onaga, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Osage City, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Osage City, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Ottawa, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Oxford, Kansas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Ozawkie, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Perry, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Perry, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Salina, Kansas | Leased | — | — | X | — | — | — | ||||||||
Central | Severy, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | St. Joseph, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | St. Joseph, Kansas | Leased | — | — | — | — | — | X | ||||||||
Central | St. Mary’s, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Tonganoxie, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Topeka, Kansas | Leased | — | X | — | — | — | — | ||||||||
Central | Topeka, Kansas | Leased | — | — | X | — | — | — | ||||||||
Central | Topeka, Kansas | Leased | — | — | X | — | — | — | ||||||||
Central | Topeka, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Topeka, Kansas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Topeka, Kansas | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Troy, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Washington, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | White City, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | X | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | X | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | X | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | X |
12
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Wichita, Kansas | Owned | — | X | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | X | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | X | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | X | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | — | — | — | — | — | — | ||||||||
Central | Wichita, Kansas | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
Central | Winchester, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Woodbine, Kansas | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Woodbine, Kansas | Owned | Limestone | — | — | — | — | — | ||||||||
East | Avon, Kentucky | Leased | — | — | — | — | — | X | ||||||||
East | Beattyville, Kentucky | Leased | Limestone | X | — | — | — | — | ||||||||
East | Bethelridge, Kentucky | Owned | Limestone | X | — | — | — | — | ||||||||
East | Burnside, Kentucky | Owned/Leased | Limestone | X | — | — | — | — | ||||||||
East | Carrollton, Kentucky | Leased | — | X | — | — | — | — | ||||||||
East | Carrollton, Kentucky | Leased | — | — | — | — | — | X | ||||||||
East | Carrollton, Kentucky | Owned | — | — | — | — | — | X | ||||||||
East | Cave City, Kentucky | Owned | Limestone | — | — | — | — | — | ||||||||
East | Cave City, Kentucky | Owned | Limestone | — | — | — | — | — | ||||||||
East | Crestwood, Kentucky | Leased | — | X | — | — | — | — | ||||||||
East | Flat Lick, Kentucky | Owned | — | X | — | — | — | — | ||||||||
East | Glasgow, Kentucky | Leased | — | — | — | — | — | X | ||||||||
East | Glasgow, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | Glasgow, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | Horsecave, Kentucky | Owned/Leased | Limestone | — | — | — | — | — | ||||||||
East | Jackson, Kentucky | Owned | — | X | — | — | — | — | ||||||||
East | Knob Lick, Kentucky | Owned | Limestone | — | — | — | — | X | ||||||||
East | Magnolia, Kentucky | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
East | Middlesboro, Kentucky | Owned | — | X | — | — | — | — | ||||||||
East | Monticello, Kentucky | Owned | Limestone | — | — | — | — | — | ||||||||
East | Morehead, Kentucky | Leased | — | X | — | — | — | X | ||||||||
East | Paris, Kentucky | Owned | — | — | — | — | — | X | ||||||||
East | Paris, Kentucky | Leased/Owned | Limestone | X | — | — | — | X | ||||||||
East | Pineville, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | Ravenna, Kentucky | Leased | Limestone | X | — | — | — | — | ||||||||
East | Richmond, Kentucky | Owned | — | — | — | — | — | X | ||||||||
East | Scottsville, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | Somerset, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | Somerset, Kentucky | Owned/Leased | Limestone | X | — | — | — | X | ||||||||
East | Stanton, Kentucky | Owned/Leased | Limestone | X | — | — | — | — | ||||||||
East | Tompkinsville, Kentucky | Leased | Limestone | — | — | — | — | — | ||||||||
East | West Liberty, Kentucky | Owned | Limestone | X | — | — | — | — | ||||||||
Central | Convent, Louisiana | Owned | — | — | — | X | — | — | ||||||||
Central | New Orleans, Louisiana | Leased | — | — | — | X | — | — | ||||||||
Central | Minneapolis, Minnesota | Owned | — | — | — | X | — | — | ||||||||
Central | St. Paul, Minnesota | Leased | — | — | — | X | — | — | ||||||||
Central | Amazonia, Missouri | Owned | Limestone | — | — | — | — | — | ||||||||
Central | Barnard, Missouri | Leased | Limestone | — | — | — | — | — |
13
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
Central | Bethany, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Blythedale, Missouri | Owned/Leased | Limestone | — | — | — | — | — | ||||||||
Central | Cameron, Missouri | Owned | — | — | — | — | — | X | ||||||||
Central | Chesterfield, Missouri | Leased | — | — | — | X | — | — | ||||||||
Central | Columbia, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Columbia, Missouri | Owned | Limestone | — | X | — | — | — | ||||||||
Central | Columbia, Missouri | Owned | — | — | — | — | — | X | ||||||||
Central | Columbia, Missouri | Owned | — | — | — | — | — | — | ||||||||
Central | Columbia, Missouri | Owned | — | — | X | — | — | — | ||||||||
Central | Columbia, Missouri | Owned | — | — | X | — | — | — | ||||||||
Central | Columbia, Missouri | Owned | — | — | X | — | — | — | ||||||||
Central | Columbia, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Cowgil, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Dawn, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Edinburg, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Gallatin, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Hannibal, Missouri | Owned | Limestone | — | — | X | — | X | ||||||||
Central | Huntsville, Missouri | Owned/Leased | Limestone | — | — | — | — | — | ||||||||
Central | Maitland, Missouri | Owned/Leased | Limestone | — | — | — | — | — | ||||||||
Central | Mercer, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Moberly, Missouri | Owned | — | — | X | — | — | — | ||||||||
Central | Oregon, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Owensville, Missouri | Owned | Clay | — | — | X | — | — | ||||||||
Central | Pattonsburg, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Pattonsburg, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Princeton, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Ravenwood, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Savannah, Missouri | Owned/Leased | Limestone | — | — | — | — | — | ||||||||
Central | Savannah, Missouri | Leased | — | — | — | — | — | X | ||||||||
Central | Sedalia, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | St. Louis, Missouri | Owned | — | — | — | X | — | — | ||||||||
Central | Stet, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Trenton, Missouri | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Pawnee City, Nebraska | Leased | Limestone | — | — | — | — | — | ||||||||
West | Sawyer, Oklahoma | Owned/Leased | Sandstone | — | — | — | — | — | ||||||||
East | Jefferson, South Carolina | Leased | Granite | — | — | — | — | — | ||||||||
East | Mt. Croghan, South Carolina | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
East | Jellico, Tennessee | Leased | Limestone | — | — | — | — | — | ||||||||
Central | Memphis, Tennessee | Owned | — | — | — | X | — | — | ||||||||
West | Altair, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Amarillo, Texas | Leased | — | X | — | — | — | — | ||||||||
West | Austin, Texas | Leased | — | — | — | — | — | X | ||||||||
West | Austin, Texas | Leased | — | — | — | — | — | — | ||||||||
West | Big Springs, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Blessing, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Brookshire, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Buda, Texas | Leased | Limestone | — | — | — | — | X | ||||||||
West | Buda, Texas | Leased | — | X | — | — | — | — | ||||||||
West | Buda, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Columbus, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Columbus, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Crane, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Cypress, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Denison, Texas | Owned | — | X | — | — | — | — |
14
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
West | Denison, Texas | Owned | — | — | — | — | — | X | ||||||||
West | Eagle Lake, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Eagle Lake, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Eagle Lake, Texas | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Edna, Texas | Owned | — | — | — | — | — | X | ||||||||
West | El Campo, Texas | Owned | — | — | — | — | — | X | ||||||||
West | Florence, Texas | Owned | Limestone | — | — | — | — | — | ||||||||
West | Florence, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Garwood, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Garwood, Texas | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Gonzales, Texas | Leased | — | — | — | — | — | X | ||||||||
West | Greenville, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Greenville, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Greenwood, Texas | Leased | Limestone | — | — | — | — | X | ||||||||
West | Guthrie, Texas | Leased | — | X | — | — | — | — | ||||||||
West | Hartley, Texas | Leased | — | X | — | — | — | — | ||||||||
West | Houston, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Katy, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Manvel, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Midland, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Midland, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Monahans, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Monahans, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Mount Pleasant, Texas | Leased | — | X | — | — | — | — | ||||||||
West | Mustang Ridge, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Odessa, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Odessa, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Paris, Texas | Leased | — | — | — | — | — | X | ||||||||
West | Paris, Texas | Owned | — | — | — | — | — | X | ||||||||
West | Paris, Texas | Owned | — | X | — | — | — | — | ||||||||
West | Pecos, Texas | Leased | — | — | X | — | — | — | ||||||||
West | Pyote, Texas | Owned | Sand and Gravel | — | — | — | — | X | ||||||||
West | Richmond, Texas | Leased | — | — | — | — | — | X | ||||||||
West | Richmond, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Rosenberg, Texas | Owned | — | — | X | — | — | — | ||||||||
West | Sulphur Springs, Texas | Owned | — | — | — | — | — | X | ||||||||
West | Texarkana, Texas | Leased | — | — | — | — | — | X | ||||||||
West | Victoria, Texas | Owned | — | — | — | — | — | X | ||||||||
West | Waller, Texas | Owned | — | — | X | — | — | — | ||||||||
West | American Fork, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Aurora, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Bluffdale, Utah | Owned | Sand and Gravel | — | X | — | — | — | ||||||||
West | Brigham City, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Cove, Utah | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Garden City, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Highland, Utah | Leased | Sand and Gravel | — | X | — | — | — | ||||||||
West | Hyram, Utah | Owned | Sand and Gravel | X | — | — | — | — | ||||||||
West | Logan, Utah | Leased | — | — | X | — | — | — | ||||||||
West | Manti, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Midvale, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Moab, Utah | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Moab, Utah | Owned | Sand and Gravel | X | X | — | — | — | ||||||||
West | Mona, Utah | Leased | Sand and Gravel | — | X | — | — | — | ||||||||
West | Mona, Utah | Owned | Sand and Gravel | — | — | — | — | — |
15
Region | Property | Owned/Leased | Aggregates | Asphalt | Ready | Cement | Landfill | Other* | ||||||||
West | Mount Pleasant, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Nibley, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Parley’s Canyon, Utah | Leased | Limestone | — | — | — | — | — | ||||||||
West | Salt Lake City, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Sandy, Utah | Owned | — | — | — | — | — | X | ||||||||
West | Smithfield, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Springville, Utah | Owned | — | — | X | — | — | — | ||||||||
West | Stockton, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Tooele, Utah | Leased | Sand and Gravel | — | — | — | — | — | ||||||||
West | Tooele, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | Tremonton, Utah | — | — | X | — | — | — | — | ||||||||
West | Wellsville, Utah | Owned | Sand and Gravel | — | — | — | — | — | ||||||||
West | West Haven, Utah | Owned | — | — | X | — | — | — | ||||||||
West | West Jordan, Utah | Owned | — | — | X | — | — | X | ||||||||
West | West Valley City, Utah | Leased | — | — | — | — | — | X | ||||||||
West | West Valley City, Utah | Owned | Sand and Gravel | X | X | — | — | — | ||||||||
East | Ewing, Virginia | Leased | Limestone | — | — | — | — | — | ||||||||
Central | LaCrosse, Wisconsin | Leased | — | — | — | X | — | — | ||||||||
West | Big Piney, Wyoming | Leased | — | — | X | — | — | — | ||||||||
West | Evanston, Wyoming | Owned | — | — | X | — | — | — | ||||||||
West | Kemmerer, Wyoming | Leased | — | — | — | — | — | X | ||||||||
West | Rock Springs, Wyoming | Owned | — | — | — | — | — | X | ||||||||
West | Rock Springs, Wyoming | Leased | — | — | — | — | — | X | ||||||||
West | Rock Springs, Wyoming | Leased | Sand and Gravel | — | — | — | — | — |
* | Other primarily consists of office space. |
16