Source: BMC Enterprises Inc., St. Louis; CP staff
Through its Eastern Missouri Concrete affiliate, BMC Enterprises has acquired Hannibal, Mo.-based Mark Twain Redi Mix, whose assets include four plants, 50 mixer trucks, and a bulk hauling division.
Source: U.S. Department of Labor; CP staff
In the wake of a Labor Department Wage and Hour Division (WHD) investigation, Loveland, Colo.-based building and flatwork contractor Coloscapes Concrete Inc. has paid $21,750 in back wages and $31,496 in civil penalties to settle H-2B non-immigrant visa program violations, plus $6,454 to resolve Fair Labor Standards Act (FLSA) overtime and recordkeeping violations.
Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff
The NRMCA Research, Engineering and Standards Committee has released a spreadsheet and guidance document with which producers can calculate the financial impact caused by deficiencies in raw materials, plant equipment and production.
Source: The Freedonia Group, Cleveland
Fiber cement siding demand is forecast to grow 3.3 percent per year, to 2.1 billion square feet by 2022, and support sales volume that continues to outperform that of most other siding products. Led by Elementia, James Hardie and Nichiha, the market for fiber cement siding and companion building products will reach $1.6 billion in 2022, reflecting price increases and a shift to higher value offerings. These and other trends are presented in “Fiber Cement in the US, 3rd Edition,” a new study from market researcher Freedonia Group.