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Energy services operator, Ameron close $777 million merger

Sources: National Oilwell Varco, Houston; Ameron International Corp., Pasadena, Calif.; CP staff

Nearly 100 percent of votes cast at an October 5 Ameron stockholders meeting favored a merger with National Oilwell Varco (NOV), closing a transaction the companies’ boards had proposed exactly three months prior. The vote nets Ameron stockholders $85/share and ends the company’s New York Stock Exchange trading.

Read more: Energy services operator, Ameron close $777 million merger

Free webinar covers NCMA-proposed ASTM C 90 changes for gray block

Sources: National Concrete Masonry Association, Herndon, Va.; CP staff

NCMA staff will field questions and solicit input during an open webinar, October 14 at 1 p.m. (EDT), on a series of revisions it proposes for minimum web requirements in ASTM C 90–11 Standard Specification for Loadbearing Concrete Masonry Units.

Read more: Free webinar covers NCMA-proposed ASTM C 90 changes for gray block

Modular building segments see strong gains

Source: The Freedonia Group, Cleveland

U.S. nonresidential prefabricated building system demand is expected to exceed $15 billion in 2015, an increase of 7.8 percent annually, according to the new study, Nonresidential Prefabricated Building, from The Freedonia Group.

Read more: Modular building segments see strong gains

Cement Regulatory Relief legislation clears the House after NRMCA leadership visit

Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; Portland Cement Association, Skokie, Ill.; CP staff

Last week’s bipartisan passage of “Cement Sector Regulatory Relief Act of 2011” (H.R. 2681) by the U.S. House of Representatives was overwhelmingly called a triumph by construction industry leaders. A year-long effort to reform what they believed would be job-killing U.S. Environmental Protection Agency regulations on the U.S. cement industry came to a head with legislation that seeks to replace harsh new federal rules with commonsense environmental safeguards.

Read more: Cement Regulatory Relief legislation clears the House after NRMCA leadership visit

ASW, RettCo pen PC strand production partnership

Sources: American Spring Wire Corp. (ASW), Bedford Heights, OH; CP staf

A strategic partnership and multi-year contract production agreement with Newnan, Ga.-based RettCo Steel LLC enables ASW to continue supplying prestressing strand to its concrete producer customers in Eastern and Midwestern markets, while idling equipment at its Cleveland headquarters plant.

Read more: ASW, RettCo pen PC strand production partnership