Graymont has confirmed that it has completed the transaction to sell its New York Materials business to Upstone Materials, Inc., a member of the Barrett Industries Group, a leader in the paving, aggregates and construction sectors.
The New York Materials business is focused on providing construction stone, sand and gravel, asphalt products, and ready-mixed concrete to meet infrastructure and general construction needs in the region.
Read the article online at: https://www.worldcement.com/the-americas/15052017/graymont-completes-sale-of-new-york-materials-business/
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The company has suggested that the recovery in construction must not be taken for granted as ONS data shows that construction output has flatlined since September, whilst new contract awards have been weak for most of the past year.
