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Summit Materials inks deals for Everist Materials, Razorback Concrete

Sources: Summit Materials Inc., Denver; CP staff

Summit Materials will broaden its Rocky Mountain and South Central region ready mixed concrete, aggregate and asphalt market footprint with the acquisition of Everist Materials LLC in Silverthorne, Colo., and Razorback Concrete Co. in West Memphis, Ark. Scheduled for closing before the end of February, the transactions enable Summit to expand its integrated, materials-based model in growing markets, notes CEO Tom Hill.

Read more: Summit Materials inks deals for Everist Materials, Razorback Concrete

Investor’s solid returns, track record prompt Rocla Tie sale to German rail specialist

Sources: Vossloh AG, Werdohl, Germany; Altus Capital Partners, Wilton, Conn.; CP staff

Less than a month after finalizing an agreement with Altus Capital Partners, Vossloh Group has closed on Denver-based Rocla Concrete Tie Inc., the leading producer of prestressed concrete railroad and turnout ties for Class I, commuter passenger, transit, and industrial lines.

Read more: Investor’s solid returns, track record prompt Rocla Tie sale to German rail specialist

Clark Pacific design-build project attains premier Resiliency Council rating

Sources: Clark Pacific, West Sacramento, Calif.; CP staff

Architectural and structural precast producer Clark Pacific and the City of Roseville, Calif., have announced U.S. Resiliency Council (USRC) Platinum level accreditation for the Roseville City Hall Annex. The new 82,000-sq.-ft. structure incorporates the Precast Hybrid Moment Frame, engineered to be self-centering after seismic event exposure and limit design drift to under 1.25 percent, thereby reducing owner and occupant recovery time.

Read more: Clark Pacific design-build project attains premier Resiliency Council rating

NPCA, FHWA set precast pavement workshop for San Diego

Source: National Precast Concrete Association, Carmel, Ind.

NPCA and Federal Highway Administration Precast Pavement Implementation Team representatives have scheduled a February 2 workshop, “Precast Concrete Pavements: Understanding the Potential of the Technology for the Precast Community,” at the Hilton Garden Inn Downtown/Bayside, San Diego. The 8 a.m.–noon program will examine the latest best practices in precast pavement technology, and suit producers active in panel fabrication or interested in learning about the technology. Registration is free of charge and can be completed through NPCA Technical Services Engineer Evan Gurley, [email protected]; 317/582-2329.

Read more: NPCA, FHWA set precast pavement workshop for San Diego

Investor rolls Stetson into Brock White-anchored Construction Supply Holdings

Sources: The Sterling Group, Houston; CP staff

Middle market private equity specialist Sterling Group has acquired Iowa-based Stetson Building Products, Inc., a management-owned construction supply distributor with nine branches and a distribution center in the Midwest. Stetson is the third business assimilated into concrete and masonry contractor-geared Construction Supply Holdings, formed in November 2016 after Sterling closed two charter acquisitions, Brock White Co. LLC, St. Paul, Minn., and Border Construction Specialties LLC, Phoenix.

Read more: Investor rolls Stetson into Brock White-anchored Construction Supply Holdings