ACIA, University of Alabama’s safe room displayed at summit

In the wake of the devastating April tornado outbreaks, Alabamians have teamed up to prepare for future natural disasters. The staff of the Alabama Concrete Industries Association and Major Ogilvie of Block USA partnered with University of Alabama professor Jim Richardson, during two weeks in June, to design and construct a concrete block safe room. On June 13, the collaborated structure was displayed at the Safer Alabama Summit in Tuscaloosa.

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American Concrete, R.W. Sidley expand NRMCA Green-Star map into Iowa, Ohio

As the certification program neared three years of successful plant audits across the industry, Des Moines-based American Concrete Products, Inc., an Oldcastle Materials company, announced in May that its Webster City facility was the first National Ready Mixed Concrete Association (NRMCA) Green-Star plant in Iowa. The first Oldcastle brand with Green-Star certification, American Concrete has brought eight additional properties under the program, and plans to complete audits for its remaining ready mixed sites by year’s end.

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Energy operator, Ameron merger on track for Q4 close

Subject to a shareholder proxy of unspecified timing, a proposed merger of National Oilwell Varco (NOV), Houston, and Ameron International, Pasadena, Calif., is scheduled by year’s end. Both companies’ boards unanimously approved the $772 million transaction last month. It values Ameron, a longtime concrete producer but better known for composites and steel products, at $85/share—a 27 percent premium to what its shares had traded on the New York Stock Exchange leading to the boards’ action.

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Bank ushers investors into Jersey Precast

Dallas-based Allegiance Capital has enlisted Gemini Investors, Pine Street Capital Partners and Starboard Capital Partners in an equity investment for Jersey Precast Corp., with precast/prestressed operations in Hamilton Township, N.J., and Bethel, Pa. Their investment, terms of which were not disclosed, will help Jersey Precast grow its Northeast geographical footprint through organic measures and acquisitions, and expand its public and private construction sector presence. The producer specializes in engineering and fabrication of products and building systems for civil, commercial, marine and transportation construction markets.

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