Holcim US Acquires Utelite Corporation
Acquisition strengthens aggregates footprint in Mountain Region
Chicago, IL – September 27, 2021 – Holcim US 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.
Holcim is the leading global building materials and solutions company. It has four businesses: cement, aggregates and ready-mix concrete as well as advanced solutions and products that include precast concrete, asphalt and mortar. With its broad portfolio Holcim solves the toughest challenges facing masons, builders, architects and engineers, bringing industry-leading innovations and services to customers challenged by urbanization, population growth and the demand for sustainability. Headquartered in Switzerland and with leading positions in all regions, Holcim employs approximately 80,000 employees in around 80 countries and has a portfolio that is equally balanced between developing and mature markets.
In the United States, Holcim companies include 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.