Lindsay Precast numbers, prospects suit Kentucky investment fund

A private equity firm pursuing middle market, business-to-business industrial targets, MiddleGround Capital has acquired Canal Fulton, Ohio-based Lindsay Precast, one of the top independent producers serving utility, drainage and other non-architectural construction segments. With a payroll of 350, the producer operates two plants each in Ohio, Colorado and the Carolinas, plus Florida and Washington satellites, and serves water supply, wastewater,…

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ACPA members, allies gear up for Concrete Pipe Week 2021

The American Concrete Pipe Association will mark Concrete Pipe Week 2021 this month, affirming the contributions of reinforced concrete pipe and precast to quality of life. The “Impacting Communities with the Resilience of Concrete Pipe” theme is a nod to the role of ACPA members in a community’s infrastructure, financial state, long-term sustainability, and overall well-being. “Reinforced concrete pipe has…

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Surety groups: Miller Act indexing exemption protects suppliers, subs

Sources: Surety & Fidelity Association of America (SFAA), National Association of Surety Bond Producers (NASBP), Washington, D.C.; CP staff SFAA and NASBP endorse House legislation that will maintain essential payment protections for subcontractors, suppliers, and workers on federal construction contracts of $150,000 or more. Sponsored by Congresspersons Nydia Velasquez (D-N.Y.) and Byron Donalds (R-Fla.), H.R. 2949 exempts the threshold in…

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Virtual elements underpin 2020 Concrete Pipe Week

Sources: American Concrete Pipe Association, Irving, Texas; CP staff

Accepting the limitations of customary Concrete Pipe Week in-person activities—plant tours, employee appreciation events, plus engagement with federal, state or local officials—the American Concrete Pipe Association has scheduled online presentations for the August 16-22 observance. The group will convey the value proposition of rigid, robust drainage infrastructure through these Monday-Friday presentations and webinars, live or on-demand:

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