Kerkstra acquisition shores up Fabcon’s Midwest, Great Lakes market footprint

Sources: Fabcon Precast, Minneapolis; CP staff Fabcon Precast has closed on Grand Rapids, Mich.-based Kerkstra Precast, which serves industrial, commercial, residential, and infrastructure markets from headquarters and Detroit satellite plants. Its product offering includes structural and architectural wall panels, hollowcore plank, beams, columns, double tees, stairs, and specialty elements.

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Fabcon gains NE market share in Oldcastle Infrastructure NY plant deal

Sources: Fabcon Precast, Minneapolis; CP staff Fabcon has stepped up its Northeast presence by acquiring Oldcastle Infrastructure Building Systems Division assets, primarily a Selkirk, N.Y. plant specializing in precast, prestressed hollowcore plank, beam and wall panels. The operation considerably increases New York and New England contract prospects beyond those of Fabcon’s easternmost site in Mahanoy City, Pa. 

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PRODUCERS – AUGUST 2020

Four-plant, prestressed hollow core panel producer Fabcon Precast has named Mike Rafi chief executive officer. He succeeds Mike LeJeune, who transitions to chairman of the board after overseeing day-to-day operations for 20 years. Rafi has served in senior leadership roles over the past two decades, gaining exposure to manufacturing and construction, along with merger & acquisition activity. He was most recently Contech Engineered Solutions CEO, leading into its acquisition by Quikrete Cos., and had arrived at the concrete and steel infrastructure solutions specialist following an Oshkosh Corp. management tenure.

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