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Concrete Sustainability Hub looks to economy, environment in decade two

Sources: Massachusetts Institute of Technology; RMC Research & Education Foundation, Portland Cement Association, Alexandria, Va.; CP staff

The Ready Mixed Concrete Research & Education Foundation and Portland Cement Association have marked the Massachusetts Institute of Technology-hosted Concrete Sustainability Hub’s 10th anniversary with a five-year, $10 million commitment and eye to solutions for economic, environmental, and social challenges.

Read more: Concrete Sustainability Hub looks to economy, environment in decade two

Glen-Gery parent adds six lines in Redland Brick asset deal

Sources: Brickworks North America Corp., Wyomissing, Pa.; CP staff

A new Brickworks North America subsidiary has announced an agreement to acquire assets of Williamsport, Md.-based Redland Brick Inc. related to the Cushwa, Harmar, Rocky Ridge, Lawrenceville Brick and Tru-Brix product lines. With a projected early-2020 closing, the transaction includes one Pennsylvania, one Virginia and two Maryland plants that Redland Brick has operated for nearly two decades as a subsidiary of Belden Holding & Acquisition Inc., parent company of Canton, Ohio-based Belden Brick Co.

Read more: Glen-Gery parent adds six lines in Redland Brick asset deal

PCA’s Sullivan: Cement consumption will lag GDP growth

Sources: Portland Cement Association, Skokie, Ill.; CP staff

The Portland Cement Association Fall Forecast paints a minor 2019-2021 growth curve for cement consumption, with respective annual gains of 2.4 percent, 1.7 percent and 1.4 percent. 

Read more: PCA’s Sullivan: Cement consumption will lag GDP growth

Top construction economist sees minor drop in 2020 project activity

Source: Dodge Data & Analytics, New York 

The 2020 Dodge Construction Outlook, a mainstay in industry forecasting and business planning, projects total U.S. construction starts slipping 4 percent, to $776 billion, from this year to next.

Read more: Top construction economist sees minor drop in 2020 project activity

Smith-Midland completes Carolina satellite expansion

Sources: Smith-Midland Corp., Midland, Va.; CP staff

Smith-Carolina timed a November 1 open house for its new $3 million operation in Reidsville, N.C., with National Precast Concrete Association-sponsored Precast Days activities across North America. The event spotlighted a 15,000 -sq.-ft. plant enclosure located on a 46-acre plot geared to future expansion. 

Read more: Smith-Midland completes Carolina satellite expansion