October 21, 2016 5:09 AM ET

Construction Materials

Company Overview of Headwaters Resources, Inc.

Company Overview

Headwaters Resources, Inc. provides fly ash and coal combustion products (CCP) for utility clients and end-use customers in the United States and Southern Canada. Its services include long-term management programs and specific CCP management services; ash pond clean outs; product laboratory testing and analysis; disposal operation; engineering, design, and construction; handling and storage equipment design and construction; landfill design, permitting, construction, operation, closure, and post closure; market studies; marketing and utilization; operation and maintenance of FGD fixation facilities; research and development services; sales; site assessments; and solid waste management consul...

10701 South River Front Parkway

Suite 300

South Jordan, UT 84095

United States

Founded in 1997

713 Employees





Key Executives for Headwaters Resources, Inc.

President, Chief Operating Officer, President - Industrial Services Group Inc. and Chief Operating Officer - Industrial Services Group Inc.
Age: 70
Chief Financial Officer, Treasurer, Assistant Secretary, Chief Financial Officer - Industrial Services Group Inc., Treasurer - Industrial Services Group Inc. and Assistant Secretary - Industrial Services Group Inc.
Age: 59
Chairman of Headwaters Incorporated and Chief Executive Officer of Headwaters Incorporated
Age: 65
Senior Vice President, Secretary and General Counsel
Age: 54
Vice President
Compensation as of Fiscal Year 2016.

Headwaters Resources, Inc. Key Developments

Over 400 Current and Former Residents of Chesapeake File Two Separate Suits in State Court Against Headwaters Resources Inc

The Tenth U.S. Circuit Court of Appeals held the pollution exclusions in an insured's commercial general liability (CGL) policies precluded coverage for two actions alleging property damage and personal injury resulting from the release of toxic fly ash used in the construction of a golf course. The exclusions were unambiguous and negated the insurers' duty to reimburse the insured for expenses incurred in defending the actions. Over 400 current and former residents of Chesapeake, Va., filed two separate suits in state court against Headwaters Resources Inc., alleging property damage and bodily injury resulting from the discharge and dispersal of fly ash used in the construction of a golf course. Headwaters systematically transported the fly ash to an open pit adjacent to residential neighborhoods. Chemicals from the fly ash leached into the groundwater, damaging private wells used for drinking water. In addition, the fly ash pit released airborne contaminants. As a result of the contamination, the property values of the plaintiffs' homes depreciated, and members of the community risked serious bodily injury caused by exposure to the fly ash and its attendant toxins. Headwaters held seven CGL insurance policies issued by Illinois Union Insurance Co. and ACE American Insurance Co. (collectively, the insurers). Under each policy, the insurers were required to reimburse Headwaters for expenses associated with defending suits in which bodily injury or property damage within the scope of coverage was alleged. In the present case, however, the insurers denied coverage for the underlying litigation on the grounds that it fell within the policies' pollution exclusions. Headwaters brought an action in federal court, alleging the exclusions were ambiguous. The district court granted summary judgment in favor of the insurers, finding the exclusions precluded coverage. The Tenth Circuit affirmed the district court's judgment. In so ruling, the Tenth Circuit found certain of the at-issue pollution exclusions unambiguously applied to bar coverage and that the remaining pollution exclusions, although possibly ambiguous, still applied because the complaints unquestionably alleged traditional environmental pollution. As a result, the complaints triggered the pollution exclusions in all of the policies.

Similar Private Companies By Industry

Company Name Region
3north LLC United States
A & A Ready Mixed Concrete Inc. United States
A Materials Group, Inc. United States
A Mining Group, LLC United States
A&A Stepping Stone Mfg., Inc. United States

Recent Private Companies Transactions

March 2, 2016
Synthetic Materials LLC

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Headwaters Resources, Inc., please visit www.flyash.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.