White Plains, N.Y.-based Stonebridge Partners has closed on Cast-Crete USA, Inc., a leading producer of branded precast lintels, sills, scuppers and thresholds used in residential and commercial concrete masonry construction.
Advising Steffner, Fla.-based Cast-Crete on the deal was Washington Partners LLC, Tampa. “They contacted us given our very successful prior deal in a similar space and thought our experience would be a great match with Cast-Crete and the management team,” says Stonebridge co-Managing Partner Mike Bruno. “From the introduction to the seller, site visits, negotiations, and throughout the closing, the entire deal team at Washington Partners provided timely assistance. They demonstrated a rare understanding of the relationship that occurs between the buyer and seller, especially in a complex deal like this.”
Orem, Utah-based Clyde Companies—parent of W.W. Clyde & Co., Geneva Rock Products, Sunroc Corp., and Sunroc Building Materials—has announced these changes in its executive ranks: Wilford Clyde has been named chairman and chief executive officer, vacating the position of president, to which he was appointed in 2001. He will continue to oversee all organizations within Clyde Cos., where he has worked since 1977.
Rhys Weaver has been named Clyde Cos. president and chief operations officer, following seven years as executive vice president, concurrent with the latter part of 20 years as president of Sunroc Corp., a specialist in ready mixed concrete and sand & gravel production plus construction services. Succeeding him is Jeremy Hafen, who for seven years has been president of Sunroc Building Materials, which specializes in lumber, millwork, and building products. Greg Templeman has been promoted to president of Sunroc Building Materials, where he has served as vice president since 2015.
The appointments represent what Wilford Clyde calls “the evolution and continued growth of our business. Each are meaningful and strategic. We are pleased to promote some of the great talent we have into new roles that will benefit Clyde Companies as it looks forward to continued growth and market expansion.”
Separately, Shane Albrecht, P.E., has been named Geneva Rock’s vice president of Area Construction Operations. He joins Nathan Schellenberg, vice president of Specialty Construction Operations, in managing the company’s construction divisions, which provide earthwork, utility, and road-building and asphalt and concrete paving services across the Intermountain West.
“Providing substantial health and wellness programs and benefits to our coworkers is a commitment Ozinga is proud to support,” says Ozinga Human Resources Manager Peggy Smith. “Through these programs, our coworkers are encouraged to focus on their well-being and use tools that can help them succeed in personal health goals. Being awarded as one of the Healthiest Companies in America further encourages us to keep supporting our coworkers on their journey towards good health.”
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| Dave Wells |
Wells joins Clark Pacific with over 30 years’ experience as a preconstruction and estimating executive for leading national general contractors serving the California market. His experience and thought leadership will help bridge the gap between construction and manufacturing, company officials note, and drive the market transition to next generation building solutions for owners and developers. Wells is the fourth key hire in recent months as Clark Pacific builds upon construction market-driven momentum toward a fundamental transformation from traditional delivery methods to modern off-site prefabricated building systems.