Concrete Technologies Worldwide (CTW) and Hawkeye Group officials announced their merger late last month, forming a new enterprise equipped to provide
Concrete Technologies Worldwide (CTW) and Hawkeye Group officials announced their merger late last month, forming a new enterprise equipped to provide pipe, precast and concrete masonry producers across the globe a range of technologies, integrated plant solutions and capital equipment brands.
This merger is a significant step in the advancement of the vision of [CTW’s] Fred Schultz and [Hawkeye’s] Schmidgall family of providing the manufactured concrete products industry engineered solutions for increasing productivity, said Rick Shoemaker, president and CEO of new entity. The unique situation where each company has complementary technologies, geographic markets, and products allows us to offer our customers expanded choices for their plant needs.
In a joint statement, Fred Schultz and Hawkeye’s Don Schmidgall added, This unites two of the world’s largest and most recognized manufacturers in the industry. Through the sharing of technology and people, we are poised to provide our customers in the utility, structural and architectural concrete products business, expanded productivity solutions and global service.
The merger spans Hawkeye’s Mediapolis, Iowa-based pipe and precast machinery business and CTW’s Green Bay, Wis., and Bronderslev, Denmark, operations. The latter location is home to Pedershaab Concrete Technologies, an old-line, global player in pipe and manhole equipment that CTW acquired in 2003. Domestically, CTW concentrates on turnkey plant projects incorporating Pedershaab, Masa (landscape unit and block), and Echo Engineering (hollow core) equipment.
Under the merged entity, CTW’s Schultz, Pedershaab’s Bent Holme, and Hawkeye principals, the Schmidgall family, will continue in their key roles. All CTW, Pedershaab and Hawkeye subsidiaries will continue to market and service their current lines and honor agency agreements, while offering increased capabilities gained from blending engineering and technical resources, and an expanded industry presence.