Sources: National Precast Concrete Association, Carmel, Ind.; CP staff
After several years of stagnation, the precast concrete industry is turning the corner in recovery from the Great Recession, with NPCA’s 2013 Benchmarking Report indicating 2 percent higher volume in 2012 over the prior year—coupled with a near-doubling of profit margins, from 2.5 percent to 4.9 percent.
Sources: Midwest Block & Brick, Jefferson City, Mo.; CP staff
Midwest Block closed on the Southern Concrete Products Masonry Division earlier this month, naming (Midwest) veteran Mike Stone as general manager responsible for acquired Oakland and Lexington, Tenn., and Sardis, Miss., production facilities.
Sources: National Concrete Masonry Association, Herndon, Va.; CP staff The NCMA Foundation has approved funding to continue the Building Information Modeling for Masonry Project in 2014, as researchers eye development of a unit model definition comparable to other material interests’ structural databases. The BIM for Masonry database will delineate physical characteristics of commonly produced concrete masonry units, and potentially other…
Source: Cemen Tech, Indianola, Iowa
Cemen Tech is transferring Elkin Hi-Tech volumetric mixer line production to its Iowa flagship facility near Des Moines, and planning a customer support center in eastern Pennsylvania for namesake, Elkin and International Mobile Mixer brands.