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Month: July 2018

Cemex sets 30-month timetable for $1.5-2B in asset sales

Concrete News

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico

In an upbeat second quarter earnings report, Cemex assures investors that asset prioritizing and debt reduction are top of mind. “With the objective of accelerating our path to investment grade and enhancing total shareholder return, we are announcing ‘A Stronger Cemex,’” says Chief Executive Fernando Gonzalez. “During the next 2.5 years, we will work to optimize our portfolio by focusing on markets with the greatest long-term growth potential and selling between $1.5 billion and $2 billion of assets.

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Infrastructure study findings bode well for precast methods

Concrete News

Sources: Freedonia Group, Cleveland; CP staff

Demand for precast concrete in infrastructure contracts is projected to increase 4.4 percent annually, to $2.4 billion by 2022, with growth fueled by the need to repair the nation’s aging network of bridges, highways, roads and railroad tracks; increased adoption of the method over traditional cast-in-place alternatives; and, efforts by the federal government to increase surface transportation investment. 

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Paver sales growth stays course toward pre-recession watermark

Concrete News

Sources: Interlocking Concrete Pavement Institute, Chantilly, Va.; CP staff

Segmental concrete pavement product sales in the United States and Canada increased for a seventh consecutive year, hitting an estimated 750 million square feet, or 2.5 percent higher than 2016, according to the Interlocking Concrete Pavement Institute 2018 Industry Sales Profile. 

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Cemex investment unit takes stake in IoT-driven Concrete Sensors

Concrete News

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

Cemex Ventures’ first “smart concrete technology” investment is a developer of wireless sensors conveying accurate, project schedule-accelerating data. The sensor and transmitter technology of Cambridge, Mass.-based Concrete Sensors enables contractors and engineers to monitor hardening slabs’ and structures’ temperature, relative humidity and strength. 

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The edge of innovation

Concrete News
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The leading edge of design will always be in the distance, a constant challenge most in the building industry find compelling. Designers want to innovate because their clients expect a wow factor in the finished product. Builders must make it happen, stretching to find subcontractors with the precise knowledge, skill, and equipment required to deliver the leading-edge innovation. For both designers and builders, keeping up with the curve is critical.

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PVC paver edge restraints

Concrete News
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Product engineers present Pave Edge as proven restraints that withstand greater loads, exhibit lower deformation and require fewer spikes than typical systems. PVC plastic construction affords the restraints superior strength and memory, they add, while a patented lip design means the edging will stay in place through the ground’s frost heave movement and help keep sand where it is meant to be.

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Oldcastle Precast raises lifting capacity at major California operation

Concrete News

The Oldcastle Precast plant in Perris, Calif., recently deployed a pair of Shuttlelift Double Beam 90 Series rubber-tired gantry cranes. The 180,000-lb. capacity machines’ custom spreader assemblies enable crews to lift a wider variety of products than prior models; allow cranes to work independently or in tandem; and, equip the plant for future transportation market structures.

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New Image lengthens front discharge mixer service life

Concrete News

Indiana-based New Image Mixer has dedicated a 70,000-sq.-ft. facility for front discharge mixer truck refurbishment. It offers two packages for extending vehicle service life, each maintaining an original VIN to allow truck owners economy and flexibility in powertrain overhaul or upgrades. Under a basic package, New Image tears down old mixers to rolling chassis; installs new wiring harnesses plus air, hydraulic and water lines; sandblasts and paints cab, barrel, hood and fenders; rebuilds engines and major components or replaces with remanufactured Cummins or Caterpillar power; and, performs complete cab interior overhaul. A second package includes those services around new, customer-supplied Terex Advance or Oshkosh box frames, plus a host of hood, lighting, fender, barrel, chute and chassis options.

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