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CRHNews

Justice Department intervenes in asphalt-plant merger

What happened

CRH, through its subsidiary APAC-Tennessee, is acquiring hot asphalt company Standard Construction.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

(The Center Square) – A supplier of hot asphalt will divest two plants as part of a settlement with the U.S. Department of Justice and the Tennessee attorney general over its acquisition of another hot asphalt company. CRH and its subsidiary APAC-Tennessee are purchasing Standard Construction, according to the Justice Department. The companies are two of the three top asphalt producers in western Tennessee, the department said. The Justice Department's Antitrust Division filed a motion to intervene, arguing that the acquisition could reduce competition and raise asphalt prices for the Tennessee Department of Transportation. The department is already grappling with increased costs, according to a draft report presented to the Tennessee Advisory Commission on Intergovernmental Relations by commission staff in June. The Department of Transportation needs roughly $1.6 billion to maintain its existing infrastructure and $3.6 billion to make improvements as the state grows, according to the report. Forty percent of the state's transportation budget, about $1.2 billion annually, comes from the federal government, primarily from federal fuel taxes on gas and diesel, according to the report. Of the remaining 60% of the department's budget, 30% comes from state fuel taxes, which are 27 cents per gallon for gasoline and 28 cents for diesel. Tennessee's fuel taxes have not increased...

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Extracted by Autobound

From the Signal API record
Event
News

What this signalsIntegration work after a deal often opens needs for new systems and services.

Location
Tennessee, United States

Companies

  • Standard ConstructionTargetstandardcnst.com

The full record

From the Signal API record

Extraction

Confidence
95%
Detected
Aug 7, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/fd5f201e-d6d8-ca63-3fa6-5595f96870e4 returns this record as JSON. POST /v1/companies/enrich returns every signal for crh.com.

{
  "signal_id": "fd5f201e-d6d8-ca63-3fa6-5595f96870e4",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-08-07T21:43:52+00:00",
  "company": {
    "name": "CRH",
    "domain": "crh.com"
  },
  "data": {
    "url": "https://blackchronicle.com/southeast/tennessee/justice-department-intervenes-in-asphalt-plant-merger/",
    "title": "Justice Department intervenes in asphalt-plant merger - The Black Chronicle",
    "excerpt": "(The Center Square) – A supplier of hot asphalt will divest two plants as part of a settlement with the U.S. Department of Justice and the Tennessee attorney general over its acquisition of another hot asphalt company. CRH and its subsidiary APAC-Tennessee are purchasing Standard Construction, according to the Justice Department. The companies are two of the three top asphalt producers in western Tennessee, the department said. The Justice Department’s Antitrust Division filed a motion to intervene, arguing that the acquisition could reduce competition and raise asphalt prices for the Tennessee Department of Transportation. The department is already grappling with increased costs, according to a draft report presented to the Tennessee Advisory Commission on Intergovernmental Relations by commission staff in June. The Department of Transportation needs roughly $1.6 billion to maintain its existing infrastructure and $3.6 billion to make improvements as the state grows, according to the report. Forty percent of the state’s transportation budget, about $1.2 billion annually, comes from the federal government, primarily from federal fuel taxes on gas and diesel, according to the report. Of the remaining 60% of the department’s budget, 30% comes from state fuel taxes, which are 27 cents per gallon for gasoline and 28 cents for diesel. Tennessee’s fuel taxes have not increased since...",
    "summary": "CRH, through its subsidiary APAC-Tennessee, is acquiring hot asphalt company Standard Construction.",
    "location": "western Tennessee, USA",
    "planning": true,
    "image_url": "https://bloximages.newyork1.vip.townnews.com/thecentersquare.com/content/tncms/assets/v3/editorial/b/03/b03044f9-c078-411b-93af-86071b923691/6a75251e34828.image.jpg",
    "confidence": 0.95,
    "published_at": "2026-08-07T21:43:52Z",
    "location_data": [
      {
        "state": "Tennessee",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "CRH and its subsidiary APAC-Tennessee are purchasing Standard Construction, according to the Justice Department.",
    "related_company_name": "Standard Construction",
    "related_company_domain": "standardcnst.com"
  }
}

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