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Pennecon concrete division sale seeds Newfoundland’s Newcrete Investments LP

Sources: Banyan Capital Partners, Toronto; CP staff

Backed by private equity operator Banyan Capital, Pennecon Ltd. Chief Executive Officer Larry Puddister has led a management team buyout of the company’s ready mixed, precast and concrete block & paver business—serving markets in the far eastern reaches of North America.

Read more: Pennecon concrete division sale seeds Newfoundland’s Newcrete Investments LP

Graniterock adds carbon footprint savings calculator to iPhone app

Sources: Graniterock, Watsonville, Calif.; CP staff

Graniterock’s Construction Calculators Version 4.2 app enables architects and contractors to gauge carbon dioxide emissions reduction when using supplementary cementitious materials to offset portland cement in concrete mix designs. The just-released update builds on one of the industry’s first mobile device-geared software products, launched in 2011, for estimating a project’s ready mixed and aggregate requirements.

Read more: Graniterock adds carbon footprint savings calculator to iPhone app

ACI global strategy informs MBA choice for new international business post

Sources: American Concrete Institute, Farmington Hills, Mich.; CP staff

ACI has named Bernard Pekor international business development director, responsible for relationship building with industry organizations outside the U.S. He will coordinate strategic development and implementation of plans for the key regions of India, Russia, China, and the Middle East, while helping to develop products and services for local markets beyond North America.

Read more: ACI global strategy informs MBA choice for new international business post