Headwaters Incorporated (Headwaters) is a diversified company providing products, technologies and services in two industries: construction materials, including coal combustion products (CCPs), and alternative energy. The Company operates in three segments: construction materials, CCPs and alternative energy. The construction materials segment includes the manufacture and distribution of bagged concrete, stucco, mortar and block products. The CCP segment manages and markets CCPs, such as fly ash and bottom ash. The alternative energy segment includes the Company's legacy coal-based solid alternative fuels business, and coal cleaning, coal drying, ethanol and the commercialization of catalyst technologies.
With the new completion of a coal cleaning facility ( http://www.headwaters.com/data/upimages/press/coal%20cleaning%20facility.pdf ), and two more facilities on the way, we believe they are set to grow. We also believe they will have gain in the construction area once the whole sub-prime dust settles.