Sources: U.S. Concrete Inc, Euless, Texas; CP staff
Two months after entering the Texas market for volumetric mixer-delivered concrete through a deal for Custom-Crete, U.S. Concrete subsidiary Redi-Mix LLC has bolted on the fleet and sites of Scofield Construction Services, LLC and Mobile-Crete of South Texas, LLC, collectively doing business as Mobile-Crete.
Sources: GE Capital, Americas; CP staff
Surveying construction executives of firms ranging from $10 million–$1 billion in annual revenue, equipment finance giant GE Capital finds 75 percent of respondents “extremely” or “somewhat” confident in their local economies, and 65 percent indicating the same for the U.S. Respondents see energy-related construction the strongest sector in the next 12 months, followed by office, transportation and residential.