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Concrete Aggregates Corporation

Company Description
Concrete Aggregates Corporation (CA) was originally incorporated on January 16, 1959 as Concrete Aggregates, Inc. and later merged with Build-On Aggregates Corporation in 1973 to form CA. The Company supplies the construction industry with processed aggregates, ready mix concrete, bituminous concrete mix, and pre-stressed/pre-cast concrete.

CA was able to purchase and operate two ready mix concrete (RMC) plants, three bituminous concrete mix (BCM) plants; four aggregates quarry/crushing plants, and three pre-stressed/pre-cast concrete plants. However, the Company was hit by the economic crisis in 1998, and on September 14, 1999, the Board of CA approved the total and complete closure of the Engineering and Construction Division of the Company, which were comprised of the RMC, BCM, concrete products and construction groups.

In 2008, the Company incorporated Batong Angono Aggregates Corporation (BAAC) with whom it entered an operating agreement that granted BAAC the right to operate the Angono quarry for 15 years. Prior to the effectivity of the agreement, CA directly operated its aggregates plants which are nestled at the foot of the mountains in the outskirts of Barangay San Isidro and San Roque in Angono, Rizal. Upon assumption by BAAC as the Company's quarry operator, CA's income from the quarry operations became the royalty payments made by BAAC at the rate agreed upon by the parties. In late 2013, BAAC changed its name to Lafarge Republic Aggregates, Inc. (LRAI), and in 2015, LRAI once again changed its name to Lafarge Holcim Aggregates, Inc.

Source: SEC Form 17-A (2020)
Security Information
Sector Industrial
Subsector Construction, Infra. & Allied Services
Corporate Life 50
Incorporation Date Jan 16, 1959
Number of Directors 11
Stockholders' Meeting as per By-Laws June - any day at 10 am except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor Isla Lipana & Co.
Transfer Agent Professional Stock Transfer, Inc.
Contact Information
Business Address 9th Floor, Ortigas Building, Ortigas Avenue, Pasig City
E-mail Address [email protected]
Telephone Number 631-1231
Fax Number (02) 631-65-17