Eyeing global scale and near-term earnings synergy upward of $120 million, Westport, Conn.-based Terex Corp. and Konecranes Plc of Helsinki plan an all-stock “merger of equals,” creating a company whose 2014 revenues totaled about $10 billion. Terex and Konecranes shareholders will own approximately 60 percent and 40 percent of the combined business, respectively, which will operate as Konecranes Terex Plc, with headquarters in Finland and major corporate functions in Connecticut.
A patented composite insulated concrete wall panel system produced at 23 licensed U.S. and Canadian plants has obtained a two-hour fire resistance rating according to ASTM E119 – 11A, Standard Test Methods for Fire Tests of Building Construction and Materials.Read More
Top hardscape contractors attended the PaveTech-backed School for Advanced Segmental Paving’s (SASP) Mechanical Construction for Permeable Interlocking Concrete Pavement course.
Daimler Trucks North America has named Kelley Platt as chief diversity officer and Western Star Trucks president, and appointed her to the DTNA Operating Committee. The primary purpose of the former position is to ensure alignment of diversity and inclusion strategies with organizational goals. DTNA reports that employees come from all walks of life, bringing a wealth of skills and experience to their roles; diversity and inclusion have flourished in 2015 through the advocacy and support of Employee Resource Groups, which now include 1,000-plus individuals. The Western Star role has been expanded to include executive oversight of the company’s Portland, Ore., manufacturing plant.Read More
Proclamations from 11 governors across the U.S. positioned August 16-22 as the inaugural National Concrete Pipe Week, formally recognizing the importance of reinforced concrete pipe and precast concrete products to citizens’ health, safety and well-being. The contributions of thousands of workers, hundreds of manufacturing plants and other industries that support producers were likewise acknowledged.
The American Concrete Pipe Association projects 400-plus engineers, executives, owners and allied professionals from the North American concrete drainage products segment gathering for the inaugural ACPA Pipe Show, staged concurrently with the 2016 Pipe School, January 4–7 at the University of Texas at Arlington.Read More