Sources: CP staff; Federal Trade Commission, Washington, D.C.
The FTC has opened to public comment a proposed consent agreement settling a complaint alleging that the Holcim Ltd. and Lafarge S.A. merger would likely harm competition in the U.S. It details a portfolio of Holcim (US) Inc. and Lafarge North America portland cement and slag cement production and distribution assets to be divested in conjunction with the parent companies’ union.
Sources: CP staff; National Ready Mixed Concrete Association, Silver Spring, Md.
Convening in Memphis for International Code Council Committee Action Hearings, National Ready Mixed Concrete Association and allied-industry representatives helped defeat a proposal allowing wood-framed structures up to nine stories—four higher than the 2015 International Building Code permits for such construction.
Sources: CRH Plc, Dublin; CP staff
CRH Group Finance Director Maeve Carton will shift to a new assignment in January 2016: Identifying and implementing the optimum financial and business model for the future. Her appointment as group transformation director marks a rare increase in executive headcount for the Oldcastle Inc. parent, which through decades of global growth has confined its headquarters to the historic Belgard Castle near Dublin.