CRH announced the acquisition of North American Aggregates, a supplier of aggregates based in Perth Amboy, New Jersey. This strategic move expands CRH Americas Materials' aggregates business in both New York and New Jersey, enhancing the company's ability to meet the long-term supply needs of customers across the region.
North American Aggregates' waterfront plant in New Jersey adds significant new aggregate reserves to Tilcon NY operations. The facility also provides efficient processing and screening capabilities that integrate seamlessly with CRH Americas Materials' existing network. This acquisition is expected to drive growth and broaden CRH's reach, reinforcing its position as a key supplier in the regional construction materials market.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.