Custom-Crete delivers U.S. Concrete wider Texas footprint, volumetric fleet


Sources: U.S. Concrete, Inc., Euless, Texas; CP staff

Through Texas subsidiary Redi-Mix LLC, U.S. Concrete has acquired the assets of Custom-Crete—61 volumetric mixers and 11 concrete plants serving Austin, Dallas/Fort Worth, Houston and San Antonio markets—from Oldcastle Architectural Inc. The mid-October transaction marks a rare U.S. asset disposal for Oldcastle parent, CRH Plc.

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Housing starts again breach pivotal watermark

Source: National Association of Home Builders, Washington, D.C.

Nationwide housing starts surpassed one million in September, the third time this year, according to U.S. Department of Housing and Urban Development and Census Bureau figures. Total housing production during the month rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units.

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Report shows cities’ improved fiscal outlook, lagging infrastructure funding

Sources: National League of Cities, Washington, D.C.; CP staff

Officials are optimistic about the health and direction of local fiscal conditions for the first time since the recession, according to the National League of Cities (NLC), whose 29th annual City Fiscal Conditions report confirms the first positive growth in five years, coupled with members’ resumption of hiring.

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