Clements Concrete, a satellite business of integrated Orem, Utah, operator Clyde Companies Inc., is acquiring the assets of single-plant Low’s Ready Mix, which serves concrete, aggregate, grout and fill customers in Boise, Caldwell and Nampa, Idaho.
“The entire Low’s Ready Mix team is exceptional. We admire their core values, commitment to community and caliber of customer satisfaction,” says Mark Elder, area manager for Boise-based Clements Concrete. “Having [Low’s 70-member team] join us is a natural and fitting step in our growth.”
“Low’s has been an Idaho staple for over 60 years, and we feel that Clements Concrete shares a similar legacy of quality products and commitment to community building that has long since been a standard for our business,” adds Low’s Operations Manager Richard Frisby, who maintains his title in the transition.
Low’s RM fleet and Caldwell plant assets will position Clements Concrete among southwest Idaho’s largest ready-mix, asphalt and aggregate suppliers. They represent the second such transaction effected since August, following Clements’ purchase of asphalt production and construction assets from Boise-based C&A Paving Co. In January, the three businesses will adopt the brand of Sunroc Corp., the Clyde Cos. division under which they are grouped. St. George, Utah-based Sunroc spans ready mixed concrete, masonry, sand & gravel, asphalt and construction operations on 10 Utah, (pre-Clements) Idaho, Nevada and Wyoming sites.
Denver-based Summit Materials, Inc. has appointed Noel Ryan III as vice president, Investor Relations. He brings 15-plus years’ experience in capital markets, most recently serving as head of Investor Relations & External Communications for Calumet Specialty Products Partners, L.P., a publicly traded, specialty hydrocarbon and fuels producer.
Summit CEO Tom Hill cites Ryan’s deep investor relations experience, noting “he will be an invaluable asset in our continued efforts to engage current and future investors.”
“We are fortunate to have a highly accomplished finance team at Summit,” adds CFO Brian Harris. “Noel is a great addition to this group and we anticipate he will add significantly to our investor relations efforts.”
Prior to Calumet, Ryan headed investor relations at Delek US Holdings, Inc. and corporate communications at QEP Resources, Inc. He also served as executive director of the financial communications practice groups of a national investor relations consultancy. He holds a Bachelors of Arts degree from the University of California, Berkeley.
West Sacramento, Calif.-based Clark Pacific, a leading West Coast architectural and structural precast/prestressed concrete supplier, has entered a partnership with the United States Resiliency Council (USRC) as a sustaining silver member. The producer will help the USRC meet its core objectives to provide information to increase market demand for better performing buildings; develop consensus about ratings by bringing together diverse stakeholders and technical experts; promote rating system integrity, stability, consistency and transparency; and, educate and advocate for safe buildings and a better public understanding of building performance.
“Designing for resilience and survivability is one of the first and most important considerations for sustainable building,” says Clark Pacific President and Principal Don Clark. “We support the USRC in its collective effort to quantify and communicate the value of resilience to designers, builders, and owners, and ultimately create more resilient communities for us all.”
“Clark Pacific is exactly the type of company we want to become a part of the USRC,” adds Council Director and Co-Founder Evan Reis. “They will bring a valuable perspective to the USRC with more than 50 years’ experience developing solutions for buildings in seismically active areas.”
Clark Pacific’s self-righting precast hybrid moment frame system, for example, incorporates the latest seismic technology and is deemed by leading California structural engineers to be one of the best performing lateral resistance systems available. The membership announcement dovetails Clark Pacific and USRC’s four-part, October-November webinar series, “The Case for Resilient Design.”
LAFARGE VETERAN BLAIR TAKES HELM AT CONSUMERS CONCRETE
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| Bruce Blair (center) is assuming the duties of Consumers Concrete President Steve Thomas (left) and CEO Tom Thomas. |