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U.S. Concrete gears up for Andretti Autosport sponsorship

Sources: Andretti Autosport, Indianapolis; U.S. Concrete Inc., Euless, Texas; CP staff

Driver Marco Andretti’s No. 98 Honda will bear the U.S. Concrete logo and colors as part of a sponsorship spanning six 2018 Verizon IndyCar Series races, starting April 15 with Toyota Grand Prix of Long Beach (Calif.) and continuing through Indianapolis (Grand Prix and Indy 500), Texas, Pocono and Sonoma.

Read more: U.S. Concrete gears up for Andretti Autosport sponsorship

Superior Walls licensee elevates foundation-grade panels 15 stories

Sources: Superior Walls of America, Lancaster, Pa.

Great Lakes Superior Walls has delivered 1,600-plus precast concrete panels to enclose the 522-unit Grand Castle, a Grandville, Mich., apartment complex patterned after the architecture of a 19th-century palace in southern Germany.

Read more: Superior Walls licensee elevates foundation-grade panels 15 stories

Standard Concrete’s Lampton elected PCI Chairman

Sources: Precast/Prestressed Concrete Institute, Chicago; CP staff

The Precast/Prestressed Concrete Institute has named Mason Lampton of Columbus, Ga.-based Standard Concrete Products Inc. as 2018 chairman, succeeding Daniel Juntunen, president and chief executive officer of Minnesota’s Wells Concrete.

Read more: Standard Concrete’s Lampton elected PCI Chairman

LafargeHolcim looks downstream of core business in Strategy 2022

Sources: LafargeHolcim Ltd., Zurich; CP staff

Coupled with the release of 2017 financials showing moderate year-over-year sales and EBITDA (earnings before interest, taxes, depreciation and amortization) gains, LafargeHolcim outlined a five-year plan to drive profitable growth and simplify the business to deliver resilient returns and attractive value to stakeholders. Strategy 2022 – Building for Growth targets annual net sales growth of 3 to 5 percent and recurring EBITDA of at least 5 percent, and is based on four value drivers:

Read more: LafargeHolcim looks downstream of core business in Strategy 2022

Nucor unveils plan for $240M Florida rebar mill

Sources: Nucor Corp., Charlotte, N.C.; CP staff

Nucor will strengthen its position as a top concrete reinforcing steel producer with the construction of a Frostproof, Fla., micro mill equipped for up to 350,000 tons/year output. It announced the $240 million investment less than four months after committing a similar outlay for a rebar micro mill in Sedalia, Mo.

Read more: Nucor unveils plan for $240M Florida rebar mill