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| Rinker acquires construction materials producer in Salem  One of the world's top 10 construction materials groups, Rinker Group Limited has expanded operations in the US Pacific north-west, with the acquisition of one of the leading construction materials producers in Salem, Oregon - the Walling Sand & Gravel companies. Walling, a privately-owned group of companies, was established in 1940. It is the number two aggregates producer in Salem, with around 25 per cent of the local market. Walling's West Salem quarry is the largest quarry in the region. It commenced operations in 2005 and has extensive reserves. Walling also comprises an asphalt plant and paving operation and a concrete plant.Rinker's US subsidiary Rinker Materials has an existing business in Portland, Oregon – 50 miles (80 kilometres) north of Salem - which was acquired in 2002. Walling will be a "bolt-on" to the Portland operation. More than US$90 million has been awarded for Oregon Department of Transportation projects in the Salem region, which are due for completion by 2008. Projects include a third bridge across the Willamette River to accommodate expected growth in the Salem area. Salem also has seven established Urban Renewal areas covering over 3, 300 acres (1,335 hectares), which will involve significant future public and private construction spending. write your comments about the article :: © 2007 Construction News :: home page |