Sources: CP staff; Summit Materials LLC, Denver; Renaissance Capital LLC, Greenwich, Conn.
Trading of the newest major operator with U.S. concrete, cement and aggregate production, Summit Materials, has commenced on the New York Stock Exchange, as CEO Tom Hill rang the March 12 Opening Bell. After a requisite quiet period since a mid-December Securities and Exchange Commission filing, Summit Materials sponsors offered 22.2 million shares at $18/share.
Sources: CP staff; Environmental Protection Agency
Twenty-seven portland cement mills and grinding operations are among 70 manufacturing sites to achieve EPA Energy Star certification for superior performance last year. Through energy management and efficiency initiatives, agency officials note, the entire group reduced greenhouse gas emissions by more than 8 million metric tons and cut power expenditures $725 million.
Source: American Concrete Institute, Farmington Hills, Mich.; CP staff
A coalition of industry institutes and associations representing individuals and companies that design, fabricate, construct, or maintain concrete structures, the Concrete Joint Sustainability Initiative (CJSI) has appointed Lafarge Construction Specialist Julie Buffenbarger as chair, plus Portland Cement Association CEO James Toscas and ACI Director of Sustainability and Marketing Kevin Mlutkowski as vice chairs, focusing on advocacy and operations, respectively.
Sources: Occupational Safety and Health Administration; Jackson Lewis P.C., Reston, Va.; CP staff
The Advisory Committee on Construction Safety and Health (ACCSH) will meet March 31-April 1 at the Department of Labor’s Washington, D.C., headquarters to weigh in on a proposed revision of operator qualification requirements in the OSHA Cranes and Derricks in Construction Standard.
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