Concrete Currents
Egyptian billionaire, activist shareholder presses TXI
In a proxy statement filed with the Securities and Exchange Commission last week, NNS Holding director Nassif Sawiris blasted Dallas-based TXI for poor operating performance and indicated plans to encourage other shareholders to withhold votes for directors Sam Coats and Thomas Ransdell, both up for re-election at the company’s October 21 annual meeting...
Eastern Missouri Concrete tags Illinois neighbor, Concrete Resources
The recently incorporated Eastern Missouri Concrete LLC has closed on the assets of Concrete Resources Inc., a Columbia, Ill., ready mixed producer...
NPCA-created certification software creates instant inspection reports
A plant certification inspection report that once took 30 days to process is now available the same day as the inspection with new customized software developed by NPCA...
Brazen stunt hooks fire sprinkler provision to International Residential Code
A measure potentially adding $10,000 or more to the cost of a single-family home will join the 2009 International Residential Code following a 1,283–470 favorable vote during mid-September International Code Council meetings in Minneapolis...
Thomas Concrete boosts Charlotte market share with MacLeod acquisition
With established footholds in Georgia and the Carolinas, Thomas Concrete recently became the second-largest ready mixed producer in the Charlotte market, acquiring the ready mixed division of MacLeod Construction, Denver, N.C. ...
Homebuilding woes expected to get worse in next six months, say analysts
More distress is expected in the next six months for the $700 billion U.S. homebuilding industry, which has been hit hard by economic issues...
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