April 10, 2017 – Concrete Products

Contractors’ data mining finds noon the deadliest hour on construction sites

April 10, 2017 Concrete News

Sources: Associated General Contractors of America, Alexandria, Va.; CP staff

A new report from AGC and Virginia Tech University’s Myers-Lawson School of Construction confirms or clarifies long-held observations concerning project site safety. “Preventing Fatalities in the Construction Industry” is based on individual examination of 2,338 construction fatalities reported over the 2010-2012 period in the U.S. Bureau of Labor Statistics Injuries, Illnesses, and Fatalities (BLS/IIF) program.

New investors take hold at Midwest masonry mainstay Oberfields

April 10, 2017 Concrete News

Sources: Graycliff Partners LP, New York; CP staff

Graycliff Partners, an independent investment firm focusing on middle market private equity transactions, has provided subordinated debt and equity financing to Delaware, Ohio-based Oberfields, a key regional player in concrete masonry and hardscape products, including standard gray and architectural block, segmental retaining walls, pavers, and precast products, plus related accessories. The investment supports the recapitalization of the company, led by President and CEO Bruce Loris, and buyout of another principal, Anderson Group LLC.

CalPortland approaches $100M in Energy Star-rooted savings

April 10, 2017 Concrete News

Sources: CalPortland Co., Glendora, Calif.; Environmental Protection Agency; CP staff

A 1.1 percent energy intensity reduction across ready mixed concrete, cement and aggregate operations, totaling $682,000 in savings, has netted CalPortland the 2017 EPA Energy Star Partner of the Year – Sustained Excellence Award. Efficiencies attained in 2016 bring the West Coast producer to 15.6 percent energy intensity reduction and $96 million cumulative savings since 2003.