Australian brick manufacturer has acquired US brick manufacturer Redland Brick.
At a price of $48 million, the purchase covers four manufacturing sites across the US, one in Pennsylvania, and Virginia,
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Big energy consumers angry about massive price hike
Large energy consumers are asking the federal government to fix its energy policy after several of them were hit with price increases of up to 100 per cent while troubled aluminium producer, Alcoa, was
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Brickworks announces result, cautiously predicts improvements
Australia’s largest tile and brick maker, Brickworks, has announced a decrease in net profit of 70 per cent to $43 million, but its boss expects the building sector to improve slightly in the next year.
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Building products manufacturer fighting market slump
A tough construction and building market has lead to unimpressive half-year financials for Austral Bricks supplier Brickworks, recording an 18.8% slump in profits, however the company is confident that a new direction will shelter it from the storm.
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