Stock Quotes

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NW Tech Capital Inc.’s (PINK SHEETS:NWTT) Canada-based subsidiary Bermal Contracting Ltd. has entered into a retail agreement with Glacier Landscaping Supply.

Glacier Landscaping Supply sells landscaping products like topsoil and gravel to local landscapers and builders. Glacier Landscaping will display Bermal stone slabs along a commonly traveled highway in Canada’s British Columbia province, and introduce Bermal products to existing Glacier customers. As Glacier Landscaping is already a popular stop for landscapers, a large potential customer base will get a close-up look at Bermal stone. Bermal is excited to show the market the high-quality stone from their flagstone quarry in the mountains of British Columbia.

In other news, NW Tech Capital Inc.’s subsidiary Bermal Contracting Ltd. is nearing a supply agreement with Grass Kings Landscaping Co.

Bermal Contracting CEO Raffaella Bernar reported that negotiations with the popular new landscaper for purchase of Bermal stackable flagstone and patio flagstone are nearing their successful conclusion.

Grass Kings Landscaping Co. is a promising new landscape business based in Summerland, BC. Ms. Bernar reports that Grass Kings representatives were impressed with the Bermal flagstone. Ms. Bernar feels that the growing popularity of Grass Kings’ customized landscape solutions makes it likely that the company will become a repeat Bermal customer.

Bermal is excited to expand the company’s geographic reach and find another outlet to show the market its high-quality product. In the short term, Bermal will focus on completing this supply agreement with Grass Kings, and NWTT will announce the specifics as soon as they are finalized.

Vulcan Materials Company (NYSE:VMC) provides basic materials that are essential to America’s economic prosperity and quality of life. Vulcan is the nation’s largest producer of construction aggregates, primarily crushed stone, sand and gravel, that are used to build, maintain and repair the nation’s infrastructure. Vulcan is also a major producer of asphalt mix and concrete, and a leading producer of cement in Florida.

Aggregates are used in virtually all types of construction projects including highways, water and sewer systems, industrial manufacturing facilities and other non-residential buildings. Aggregates are also used for railroad ballast as well as non-construction industrial and agricultural applications. From 331 aggregates facilities and sales yards the Company serves 23 states with a full line of aggregates and 7 additional states with railroad ballast.

Aggregates comprise approximately 95% of asphalt mix by weight and 78% of concrete by weight. The crushed rock, sand and gravel used as raw materials by the Company’s asphalt and concrete operations are almost wholly supplied internally. Therefore, like the aggregates operations, the asphalt and concrete operations rely on the Company’s reserves of aggregates. At the end of 2008, Vulcan had 13.3 billion tons of zoned and permitted aggregates reserves.

Headwaters Incorporated (NYSE: HW),a diversified building products company dedicated to improving sustainability by transforming underutilized resources into valuable products, has completed the sale and transfer of all of its equity interest in Evonik Headwaters Korea Co., Ltd. (“EHKC”) to Evonik Degussa GmbH (“Evonik”). Headwaters and Evonik each owned a 50% equity interest in EHKC.

“We are pleased to complete this transaction with Evonik. They have been a very solid partner over the last few years,” said Kirk A. Benson, Chief Executive Officer. “Headwaters and Evonik continue to work together under a separate joint venture arrangement, developing a direct synthesis process for the production of hydrogen peroxide.”

“Headwaters has made steady progress in selling its non-core assets and reducing its debt,” added Steven G. Stewart, Headwaters Chief Financial Officer. “Our highest coupon debt has been reduced from $48 million to $19 million in the past six months. After closing on this transaction, we have approximately $65 million of cash on hand. We will continue to look for additional opportunities to sell non-core assets and reduce debt.”

The company’s Light Building Products segment designs, manufactures, and sells manufactured architectural stones; exterior siding accessories, such as decorative window shutters, gable vents, mounting blocks, roof ventilations, window and door trim products, specialty siding products, synthetic roofing tiles, and window well systems; and concrete blocks and other building products used in new housing, residential repair and remodeling, and commercial construction markets.

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