The purchase price is
The purchase price of
Our principal lines of business are our cement and gypsum wallboard. Our cement business is supported by our concrete and aggregates business, and our gypsum wallboard business is supported by our recycled paperboard business.
We currently operate four cement plants (one of which is held by a joint
venture in which we have a 50% interest), five gypsum wallboard plants
(one of which is temporarily idled), one recycled paperboard plant, nine
ready-mix concrete plants and two aggregates facilities. As discussed
Our operations are geographically diversified within
Our gypsum wallboard operations are more national in scope, but our
sales of gypsum wallboard are concentrated in the markets closest to our
production facilities. Our paperboard operations are national in scope.
Our concrete and aggregates businesses are local in nature and serve the
areas immediately surrounding
In fiscal year 2012, our net sales were
We are a
Lafarge S.A., together with its subsidiaries (the "
For more information about
Proposed Securities Offering. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Forward-Looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the context of the statement and generally arise when the Company is discussing its beliefs, estimates or expectations. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "may," "can," "could," "might," "will" and similar expressions identify forward-looking statements, which relate to a variety of matters, expected operating and performing results, proposed transactions and the financing thereof and the satisfaction of conditions relating to such transactions and financing, plans and objectives of management, future developments or conditions in the industries in which we participate, audits and legal proceedings to which we are a party and other trends, developments and uncertainties that may affect our business in the future. These statements are not historical facts or guarantees of future performance but instead represent only the Company's belief at the time the statements were made regarding future events which are subject to certain risks, uncertainties and other factors many of which are outside the Company's control. Actual results and outcomes may differ materially from what is expressed or forecast in such forward-looking statements.
The principal risks and uncertainties that may affect the Company's
actual performance include the following: the cyclical and seasonal
nature of the Company's business; public infrastructure expenditures;
adverse weather conditions; availability of raw materials; changes in
energy costs including, without limitation, natural gas and oil; changes
in the cost and availability of transportation; unexpected operational
difficulties; inability to timely execute announced capacity expansions;
governmental regulation and changes in governmental and public policy
(including, without limitation, climate change regulation); possible
outcomes of pending or future litigation or arbitration proceedings;
changes in economic conditions specific to any one or more of the
Company's markets; competition; announced increases in capacity in the
gypsum wallboard and cement industries; changes in the demand for
residential housing construction or commercial construction; general
economic conditions; and interest rates. For example, increases
in interest rates, decreases in demand for construction materials or
increases in the cost of energy (including, without limitation, natural
gas and oil) could affect the revenues and operating earnings of our
operations. In addition, changes in national or regional economic
conditions and levels of infrastructure and construction spending could
also adversely affect the Company's result of operations. These and
other factors are described in the Company's Annual Report on Form 10-K
for the fiscal year ended
With respect to our proposed acquisition of certain assets from Lafarge as described in this press release, factors, risks and uncertainties that may cause actual events and developments to vary materially from those anticipated in forward-looking statements include, but are not limited to, our ability to complete the acquisition within the expected timeframe or at all, failure to realize the expected benefits of the transaction, possible negative effects of announcement or consummation of the transaction, significant transaction costs or unknown liabilities, and general economic and business conditions that may affect us following acquisition. All forward-looking statements made herein are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed herein will increase with the passage of time. The Company undertakes no duty to update any forward-looking statement to reflect future events or changes in the Company's expectations.
President and CEO
Executive Vice President and CFO
Executive Vice President
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