Summit Materials
Blackstone , and grew over 14 years through over 80 acquisitions of aggregates , ready-mix and asphalt and paving construction companies . “ So , very much a rollup strategy . In 2015 , Summit went public and that ’ s the year we acquired the Davenport assets , extending our presence in cement , a valuable complement to our vertically integrated aggregates businesses ,” she shares .
A year later , as Blackstone exited the stock , Summit continued to make acquisitions and invest in greenfield opportunities . Then , towards the end of 2020 , Anne entered as CEO and led the development of the Elevate Summit Strategy , which was announced in March 2021 . “ There , we defined our vision , mission and values of safety , integrity , sustainability , and inclusivity . Elevate outlined for our stakeholders the next stage of the company ’ s growth and value creation . Since then , we have expressed an unwavering commitment to our strategic direction , increased confidence in our growth ambitions , and provided the North Star objectives , which guide our progress .”
Summit is a major participant in the US construction materials industry with aggregate sales putting the company in the top ten suppliers , alongside its accolades as a top 15 cement producer and a major producer of ready mix concrete and asphalt paving mix . “ At the end of last year , our aggregates reserves and resources were 5.7 billion tons and in
construction-today . com 107