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HawkeyePedershaab parent establishes umbrella identity

Sources: HawkeyePedershaab Concrete Technologies Inc., Mediapolis, Iowa; CP staff

A newly formed parent company, Afinitas, encompasses a charter dry cast equipment business, HawkeyePedershaab Concrete Technologies, plus three other manufacturers acquired over the past 18 months: New Hampton Metal Fabrication Corp., New Hampton, Iowa; BFS Betonfertigteilesysteme GmbH, Blaubeuren, Germany; and, CAM Sales Inc., Ludington, Mich.

Read more: HawkeyePedershaab parent establishes umbrella identity

Commission launches precast-geared crane operator certification

Sources: National Commission for the Certification of Crane Operators (NCCCO), Fairfax, Va.; CP staff

NCCCO has developed the Telescopic Boom-Swing Cab Restricted (TLL-R) certification program for operators of boom trucks with short booms, no attachments/extensions, and a basic load chart. A restricted version of the Telescopic Boom Swing Cab (TLL), it covers equipment classes commonly used in precast concrete delivery.

Read more: Commission launches precast-geared crane operator certification

Survey tracks leading drains on construction productivity

Sources: FMI Corp., Raleigh, N.C.; PlanGrid, San Francisco; CP staff

A survey of nearly 600 construction professionals finds that time spent on non-optimal activities—fixing mistakes, scouting data and managing conflict resolution—accounts for $177.5 billion in labor costs per year, while rework stemming from miscommunication and inaccurate or inaccessible information will cost the U.S. industry $30 billion-plus in 2018.

Read more: Survey tracks leading drains on construction productivity

Cemex sets 30-month timetable for $1.5-2B in asset sales

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico

In an upbeat second quarter earnings report, Cemex assures investors that asset prioritizing and debt reduction are top of mind. “With the objective of accelerating our path to investment grade and enhancing total shareholder return, we are announcing ‘A Stronger Cemex,’” says Chief Executive Fernando Gonzalez. “During the next 2.5 years, we will work to optimize our portfolio by focusing on markets with the greatest long-term growth potential and selling between $1.5 billion and $2 billion of assets.

Read more: Cemex sets 30-month timetable for $1.5-2B in asset sales

Infrastructure study findings bode well for precast methods

Sources: Freedonia Group, Cleveland; CP staff

Demand for precast concrete in infrastructure contracts is projected to increase 4.4 percent annually, to $2.4 billion by 2022, with growth fueled by the need to repair the nation’s aging network of bridges, highways, roads and railroad tracks; increased adoption of the method over traditional cast-in-place alternatives; and, efforts by the federal government to increase surface transportation investment. 

Read more: Infrastructure study findings bode well for precast methods