Construction Supply Group, White Cap investors fulfill merger plan

Sources: White Cap Holdings LLC, Atlanta; CP staff White Cap Supply and Construction Supply Group (CSG) have combined in a transaction valued at approximately $4 billion, netting the top North American distributor of concrete accessories plus specialty construction and safety products. Pursuant to a plan announced in August, the merger was consummated following spin off of the White Cap business…

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NAHB analysis shows doubling of concrete-framed home volume

Sources: National Ready Mixed Concrete Association, Alexandria, Va.; CP staff Annual concrete-framed home completions climbed from 42,000 to 86,000 over the 2015-2019 window, according to a National Association of Home Builders analysis of U.S. Census Bureau data. With lumber prices up more than 170 percent from mid-April through mid-September, the National Ready Mixed Concrete Association cites market conditions favorable for…

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Hilti begins maturity monitoring sensor rollout in major markets

concrete sensor

Sources: Hilti North America, Plano, Texas; CP staff Six months after acquiring the assets of Concrete Sensors in Cambridge, Mass., Hilti has built out the start up’s maturity monitoring device and quality control technology. An Internet of Things hardware, training and support services offering, Hilti Concrete Sensors will help practitioners track slab or structure internal temperatures and strength development—potentially enabling…

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ICPI confirms growth in segmental concrete pavements

Sources: Interlocking Concrete Pavement Institute, Chantilly, Va.; CP staff

The Interlocking Concrete Pavement Institute has released its annual Industry Sales Profile, representing the most accurate and current sales information publicly available on the United States and Canadian segmental concrete pavement industry. The Profile tracks growth trends indicative of 100-plus producers running about 250 high-output machines in more than 200 plant locations. 

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Investors set $4 billion Construction Supply Group, White Cap merger

Sources: Clayton, Dubilier & Rice, New York; HD Supply Holdings, Inc., Atlanta; CP staff

Two private equity fund managers have outlined a transaction creating a powerhouse in concrete and masonry construction accessories and supplies. Clayton, Dubilier & Rice (CD&R) will acquire HD Supply’s Construction & Industrial segment, better known as White Cap and including the Home Improvement Solutions and Brafasco businesses, then pursue a merger of that entity with Construction Supply Group (CSG). Based in Denver, the latter is a portfolio company of Sterling Group, a Houston investor that has acquired concrete and masonry contractor centers since chartering the business in 2016 with Minnesota’s Brock White. 

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Concrete printing specialist to keynote Building Sciences conference

Sources: National Institute of Building Sciences, Washington, D.C.; CP staff

The U.S. Department of Commerce’s National Institute of Building Sciences has replaced its planned Washington, D.C. conference this summer with Building Innovation 2020: Virtual Edition, billing the August 18-19 program as “a powerfully compact event, focusing on technology, workforce, resilience and Covid-19.”

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Liebherr engineers invite small orders with self-service batch plant

Sources: Liebherr-Mischtechnik GmbH, Germany; CP staff

Virginia-based Liebherr USA’s parent company plans a global launch this summer of an automated batch plant tailored to small professional or do-it-yourself project customers. With output at about 35 yd./hour, the model will be equipped for adjustable height discharge of .20- to 2.5-yd. loads in small trailers or larger vehicles, including conventional mixer trucks. 

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ACI sets full fall convention program in North Carolina

Source: American Concrete Institute, Farmington Hills, Mich.

ACI plans to host a customary gathering of engineers, students, contractors, educators, manufacturers, and material representatives during the Concrete Convention, October 25-29 at the Raleigh (N.C.) Convention Center, Raleigh Marriott and Raleigh Sheraton venues. Attendees will collaborate on concrete codes, specifications, and practices during 300-plus committee meetings, and have access to more than 40 technical and educational sessions.

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Sand & gravel production, use survey measures concrete prevalence

Sources: U.S. Geological Survey; CP staff

The annual USGS Mineral Commodity Summaries estimates 2019 construction sand & gravel production at 970 million metric tons, valued at $9 billion and extracted from 6,830 sites operated by 3,870 companies. In order of decreasing tonnage, the lead states for production were Texas, California, Arizona, Minnesota, Michigan, Washington, Ohio, New York, Utah and Colorado—accounting for upward of 55 percent of total U.S. output. 

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