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April 25, 2015 4:46 PM ET

Construction Materials

Company Overview of Lafarge North America Inc.

Company Overview

Lafarge North America Inc. engages in producing and selling cement, ready-mixed concrete, aggregates, asphalt, paving and construction products, precast solutions, and pipe products for residential, commercial, and public works construction projects in the United States and Canada. It offers graded stone, concrete and masonry sand, gravel, and slag aggregates; Portland, supplementary cementing materials, cementitious and blended cements for ready-mix producers, concrete product manufacturers, contractors, masons, builders, and municipal authorities; and ready-mix and concrete products. The company also provides precast solutions for warehouses, manufacturing plants, schools, retail, office b...

12950 Worldgate Drive

Suite 500

Herndon, VA 20170

United States

Founded in 1977

16,400 Employees

Phone:

703-480-3600

Fax:

703-480-3899

Key Executives for Lafarge North America Inc.

Chief Executive Officer and President
Age: 53
Vice Chairman, Chairman of Executive Committee, Vice Chairman of Lafarge S A, Chief Executive Officer of Lafarge S A and Director of Lafarge S A
Age: 68
Executive Vice President and President of Western Aggregates, Concrete & Asphalt
Age: 58
Executive Vice President and President of Eastern Lafarge Construction Materials
Age: 58
Senior Vice President, Secretary and General Counsel
Age: 54
Compensation as of Fiscal Year 2014.

Lafarge North America Inc. Key Developments

A.G. Schneiderman and Department of Environmental Conservation Commissioner Martens Announce Continuing Air Pollution Reductions in Updated Settlement with Ravena Cement Plant Modification Provides Lafarge North America More Time to Build New Kiln while Continuing Air Pollution Emission Reductions

Attorney General Eric T. Schneiderman and Department of Environmental Conservation Commissioner Joe Martens, along with federal officials, announced an amended settlement with Lafarge North America, which operates a cement plant in Albany County. The agreement extends by 18 months the deadline by which the company must build a new kiln with advanced air pollution controls. In exchange for additional time, the settlement sets annual limits on allowable emissions of nitrogen oxides (NOx) and sulfur dioxide (SO2) by the Ravena plant that are at or below the limits contained in the original settlement. A separate agreement between New York and LaFarge limits mercury emissions to levels 25% lower than the plant's current air pollution control permit. The revised settlement also commits Lafarge to funding $1.5 million in projects to further reduce pollution emissions at the plant and in the surrounding communities. Settlement amends a 2010 consent decree that the federal Environmental Protection Agency, New York and 11 other states entered into with Lafarge requiring the company to limit pollutant emissions from its 13 plants nationwide. In New York, the company's Ravena plant was required to meet these limits by either retrofitting the plant's existing cement kilns with pollution controls or by constructing a new, kiln with advanced pollution controls by January 1, 2015. Lafarge elected to construct a new kiln to comply with the consent decree, but approached the state and federal government about an extension of time to complete the construction because the recovery of the U.S. cement industry from the recent recession has been slower than expected, resulting in Lafarge delaying its investment in a new kiln at the Ravena plant. The amended consent decree, filed in federal court today, allows the company until July 1, 2016 to complete construction of the new kiln and requires Lafarge to follow a specific construction schedule that includes milestones and penalties if there are any further delays.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 17, 2015
Lafarge North America Inc., Cement Assets
 

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