Tindall Corp. has promoted McKindley “Mac” Freeman, P.E. to vice president and general manager – Mississippi Division, based at the Moss Point, Miss., plant. He succeeds Jeff Woodruff, P.E., who has transitioned to vice president of Engineering ahead of retirement at the end of 2016.
Freeman joined Tindall in 2004 and has previously served as a project manager, sales engineer and sales manager. His duties have spanned engineering, construction management plus sales & marketing. In a nod to his business development success, the governor of Mississippi once proclaimed a “Mac Freeman Week.” Woodruff joined Tindall in 1986 and has managed the functional areas of engineering and project management for several divisions. He has been at the Mississippi Division helm since 2004.
The newest arrivals to the 25-member ASTM International board of directors are James Tann, director of Technical Services for Belden Brick Co., Canton, Ohio; and, Cesar Constantino, Ph.D., Florida-based director of business development for Titan America’s fly ash processing and marketing business, Separation Technologies LLC. Each will serve three-year terms.
Tann assumed his current role at Belden Brick, the largest family owned operator of its kind in the U.S., in 2014, following 25-plus years with the Brick Institute of America and Brick Industry Association. An ASTM fellow and Award of Merit recipient, Tann has been a Society member since 1988, and serves on Committees C12 on Mortars and Grouts for Unit Masonry and C15 on Manufactured Masonry Units. Among his honors are the C15 Alan H. Yorkdale Memorial Award and C12 Honorary Membership Award. Tann is a member of the American Institute of Architects – Ohio, BIA, and Masonry Alliance for Codes and Standards.
Constantino joined Titan America’s Florida cement and concrete business in 2005 as manager of Technical Services, proceeding to Titan America LLC director of Concrete Technology, senior director of Process Quality, and vice president of Corporate Engineering. An ASTM member since 2005, Constantino serves on Committees C01 on Cement, C09 on Concrete and Concrete Aggregates, and E60 on Sustainability.
U.S. CONCRETE JOINS S&P INDEX, NAMES CHIEF FINANCIAL OFFICER
S&P Dow Jones Indices LLC—the New York entity behind the S&P 500 and Dow Jones Industrial Average indices—has added Texas-based ready mixed and aggregate producer U.S. Concrete Inc. to the S&P SmallCap 600, which tracks public companies with market capitalization of $60 million to $4.5 billion.
Based on January closing share prices, Nasdaq-traded U.S. Concrete has seen its market capitalization in the $600-700 million range versus a $960 million median among SmallCap 600 peers. S&P Dow Jones staff lists the producer and 26 other companies under Materials—one of 10 sectors encompassing a total of 601 SmallCap index stocks. Past index companies have included Texas Industries Inc., which was removed following a July 2014 merger with Martin Marietta Materials, which then advanced from the S&P MidCap 400 to S&P 500 index.
The SmallCap 600 listing coincides with U.S. Concrete’s naming of Joseph Tusa Jr. as senior vice president and chief financial officer, responsible for financial management, capital markets activity, and investor relations. He brings 35-plus years’ experience in building and leading finance teams; executing mergers, acquisitions and post-closing integrations; capital markets transactions; plus, expertise in corporate governance compliance and internal controls enhancement. Tusa has had CFO tours of duty with Emerge Energy Services LP, USA Compression Partners, Comsys IT Partners and DSM Copolymer, and held senior leadership positions at Metamor Worldwide, Inc. and Total American Mining, Inc.
SMITH-MIDLAND CLIMBS OTC RANKS
Virginia precast producer and building system licensor Smith-Midland Corp. has joined the top tier of companies listed in the (over-the-counter) OTC Markets Group, becoming one of nearly 500 entities whose securities are traded on the OTCQX Best Marketplace.
“OTCQX is for established, investor-focused U.S. and global companies that have met high financial standards, are current in their disclosure and sponsored by a professional third-party advisor,” says Smith-Midland Chairman Rodney I. Smith. “The companies on OTCQX are distinguished by the excellence of their operations and diligence with which they convey their qualifications. Directors and management of Smith-Midland have worked to increase the value of our stock. We anticipate that reaching OTC Markets Group’s highest level of financial and compliance requirements will increase our visibility and allow us to attract more shareholders from a broader investment community.”
The Best Marketplace comprises 486 of the OTC Group’s 9,800-plus currently traded securities, he adds, noting that Smith-Midland is among 98 OTCQX U.S. Premier tier securities. The company develops, fabricates, rents, and sells a broad array of precast concrete products for use in building construction, transportation and utilities industries. Wholly-owned subsidiary Easi-Set Worldwide licenses proprietary component and building system production to precasters across the globe.