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December 17, 2018

NeighborWorks America Recognizes Third Round of Green Organization Designees

WASHINGTON, DC–(Marketwired – Oct 20, 2014) – Nineteen nonprofit community development organizations were recognized today for their excellence in sustainable business and housing practices by NeighborWorks America. To date, 61 network members have earned the NeighborWorks Green Organization designation.

This is the third annual round of designations for the NeighborWorks Green Organization program, which celebrates community development nonprofits that demonstrate a comprehensive commitment to sustainable operations — both the lines of business they conduct and the corporate operations that they run. Together, these green organizations demonstrate that when sustainable practices are comprehensively applied, people are healthier, homes are more affordable, employees have a better work environment, communities thrive and organizations are more prepared for the future.

“Everyone benefits from green, sustainable living — families, businesses and communities,” said Chuck Wehrwein, acting chief executive officer of NeighborWorks America. “The organizations that receive this designation from NeighborWorks America show that green business practices improve people’s health and well-being.”

NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities, supports a network of more than 240 nonprofits, located in every state, the District of Columbia and Puerto Rico. The new members that are receiving the NeighborWorks Green Organization designation are:

  • Affordable Homes of South Texas (McAllen, TX)
  • AHC (Arlington, VA)
  • Cabrillo Economic Development Corp. (Ventura, CA)
  • Champlain Housing Trust (Burlington, VT)
  • Codman Square Neighborhood Development Corp. (Dorchester, MA)
  • Community Concepts (Lewiston, ME)
  • Community Housing Initiatives (Spencer, IA)
  • Neighborhood Housing Services of Greater Cleveland (Cleveland, OH)
  • Neighborhood Housing Services of New Haven (New Haven, CT)
  • Neighborhood Housing Services of Southwest Wisconsin (Richland Center, WI)
  • NeighborWorks Blackstone River Valley (Woodsocket, RI)
  • NeighborWorks Great Falls (Great Falls, MT)
  • NeighborWorks Orange County (Orange, CA)
  • New Directions Housing Corp. (Louisville, KY)
  • Northwest Michigan Community Action Agency (Traverse City, MI)
  • Self-Help Enterprises (Visalia, CA)
  • St. Joseph’s Carpenter Society (Camden, NJ)
  • Tenderloin Neighborhood Development Corp. (San Francisco, CA)
  • The Neighborhood Developers (Chelsea, MA)

The 61 NeighborWorks Green Organizations together own more than 50,000 affordable apartments and have built or rehabilitated more than 7,100 green rental and for-sale homes in the past two years. Through the organizations’ participation in this program, 4,200 employees are experiencing a healthier, greener working environment. Last year, they educated more than 9,500 households seeking to purchase or owning a home on the core elements of healthy and sustainable homes.

For more information about the green designation, visit NeighborWorks.org/Green.
For more information about NeighborWorks America, visit neighborworks.org.

About NeighborWorks America
For 35 years, NeighborWorks America has created opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $19.5 billion in reinvestment in these communities. NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.

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NeighborWorks America Recognizes Third Round of Green Organization Designees

Summit Materials Announces Acquisition of Mainland Sand and Gravel in Vancouver, British Columbia, Canada

DENVER–(BUSINESS WIRE)–

Summit Materials (“Summit”) is pleased to announce the acquisition of Mainland Sand and Gravel (“Mainland”), a supplier of construction aggregates to the Vancouver and Lower Mainland region of British Columbia. This acquisition expands Summit’s footprint and creates a new growth platform for Summit in the attractive British Columbia market. Mainland operates two quarries and four river-served aggregates distribution depots. Mainland’s team, led by Ted Carlson and Ewan Moir, will remain in place to manage and develop the business as part of the Summit group of companies.

Summit CEO, Tom Hill, commented, “We are very happy to welcome Mainland and its employees to Summit. Mainland is a great company with a long history of supplying aggregates throughout Vancouver and Lower Mainland. We are excited about this expansion into western Canada and look forward to working with the Mainland team and Carlson family in this new market for Summit.”

Mainland President, Ted Carlson, advised, “We are delighted to join Summit as we enter the next phase of Mainland’s development. We believe there is a great fit between Mainland and Summit and we look forward to continuing to provide our many valued customers with the highest quality aggregates and service for many years to come.”

About Summit Materials

Summit Materials is a leading aggregates based construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt, and provides paving and other services. We are committed to promoting the success of our businesses by offering a safe place to work and implementing best practices, while striving to exceed our environmental and social responsibilities. Summit Materials was formed by its CEO Tom W. Hill and a small group of investors, including members of its management team, Blackstone Capital Partners (an affiliate of The Blackstone Group) and Silverhawk Capital Partners. Summit Materials completed its first acquisition in late 2009 and since then has closed on 31 additional acquisitions, which are organized into ten operating companies in three geographic regions across the United States and western Canada. Further information is available at www.summit-materials.com.

About Blackstone

Blackstone is one of the world’s leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds, and multi asset class exposures falling outside of other funds’ mandates. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

About Silverhawk Capital Partners

Silverhawk is an independent investment group established in 2005 to invest in management buyouts and other private equity transactions in the Industrial, Energy/Natural Resources and Business Service sectors. The partners of Silverhawk have invested as a team and operated businesses since 1989. Further information is available at www.silverhawkcapitalpartners.com.

Contact:

Summit Materials

Brian Harris, 303-893-0012


info@summit-materials.com

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Summit Materials Announces Acquisition of Mainland Sand and Gravel in Vancouver, British Columbia, Canada