Ready mix production is a tough, real-time business. A couple dozen significant things can go wrong on any day, at any time, and in any order. No wonder we are just about the hardest working industry per EBITDA point (earnings before interest, taxes, depreciation and amortization) in North America.Read More
Megaslab developer Sinclair Construction subtracts saw cuts, adds valueRead More
Volvo Trucks North America, along with automated vehicle software provider Perceptive Automata and customer Dependable Highway Express (DHE), is proving the potential to raise drivers’ safety performance by leveraging human intuition artificial intelligence that predicts pedestrian, cyclist and motorist actions. The manufacturer recognizes the need for improved safety for all road users, specifically to augment situational awareness and better anticipate human behavior while on the road. It demonstrated a proof-of-concept, based on Perceptive Automata’s artificial intelligence software, with a Volvo VNR 300 regional-haul model at DHE’s Ontario, Calif., headquarters.Read More
Karl Watson Jr. has moved from executive vice president and chief operating officer at Summit Materials, Denver, to chief executive officer and board member of Forterra Inc., a top concrete pipe and precast drainage structure producer based in Irving, Texas. Succeeding Jeff Bradley, he arrives with 30-plus years in management and executive roles at major heavy building materials operators and, Forterra notes, “a track record of effectively leading through numerous business cycles and improving financial results.”Read More
Sources: Associated Builders & Contractors, Washington, D.C.; CP staff
Just ahead of its August recess, the U.S. House of Representatives passed the Rehabilitation for Multiemployer Pensions Act (H.R. 397), with 29 Republicans joining the majority in a 264-169 vote. Advocates argue the measure is needed to protect the pensions of 1.3 million workers in certain multiemployer pension plans (MEPP)—up to half of which cover construction trades participants—and prevent a Pension Benefit Guaranty Corporation (PBGC) collapse.Read More
Source: ACI Foundation, Farmington Hills, Mich.
The ACI Foundation’s Concrete Research Council, which funds projects that further concrete materials or construction knowledge and sustainability, is reviewing proposals for 2020 awards through December 2. Proposal and funding parameters include:Read More