Ontario-based Brampton Brick Ltd. was scheduled to close by this month on the concrete block line and other assets of Eurobloq Inc. in Boisbriand, Quebec. Valued up to $6 million, the transaction will add production and distribution capacity to meet demand for the suitor’s masonry and landscape products in Quebec and eastern Ontario.
Read More
Alex Car has officially assumed president and chief executive officer posts at Essroc Cement Corp., Nazareth, Pa., responsible for operations in the U.S., Canada and Puerto Rico. Predecessor Francesco Carantani is transitioning to new duties within parent company, Italcementi Group, Bergamo, Italy.
Read More
Wally Hernandez has joined Besser Co. as sales and technical support representative, based in Florida and responsible for the entire product line. A Dominican Republic native, he moved to Florida at the age of 11 and, after graduating from high school, completed a tour of duty with the Marines, working in helicopter hydraulics maintenance.
Canada’s second largest clay unit operator,Brampton Brick, anticipates an early-2014closing on the assets of concrete building andhardscape producer, Atlas Block, includinga Hillsdale, Ontario, flagship plant. The $12million–$14 million transaction is throughcourt-appointed receiver KPMG Inc., and allowsthe suitor to add concrete masonry capacity andtake advantage of cost-saving synergies by consolidatingproduction of similar items.
Read More