Thoma Bravo, a San Francisco private equity firm focused on software and technology-enabled services sectors, has announced a definitive agreement to acquire heavy building materials IT leader Command Alkon from New York-based Quilvest Capital Partners. The ownership transition stands to speed execution of a strategy to integrate inter-company supply chain operations in heavy construction via Connex, a many-to-many technology platform rolled out in 2019.
Read MoreMonth: May 2020
NRMCA committees, divisions name annual award recipients
Convening in Las Vegas just prior to the ConExpo-Con/Agg 2020 show, National Ready Mixed Concrete Association committees and divisions recognized individuals and groups for association and industry contributions. Concrete Products joins NRMCA in saluting those honored at the 2020 convention, by AWARD:
Read MoreReady mixed producers cut carbon footprint by double digits
Data behind a new National Ready Mixed Concrete Association life cycle assessment report for cast-in-place concrete shows how ready mixed producers, through more efficient use of portland cement, have cut the respective carbon footprints of 4,000- and 8,000-psi orders by 13 percent and 20 percent since 2014. Armed with results from a survey of 155 member producers operating 1,954 ready mixed plants, the association analyzed data on material throughput and other metrics reflecting net energy consumption in slabs or structures.
Read MoreEuclid Chemical lands patent for low-dust fine aggregate
A new patent covers dust-limiting aggregate in the E3 epoxy grout series from Cleveland-based Euclid Chemical Co. Researchers developed the DL Technology to support worker safety by reducing the amount of handling and mixing dust in re-grouting routines typical of manufacturing or process equipment movement.
Read MoreUS Mix fills market void, extends bagged product program for Oldcastle APG
Sakrete and Amerimix brand owner, Atlanta-based Oldcastle APG, has acquired a third pillar in dry mix and related compounds, US Mix Co. The transaction addresses a key production footprint gap; expands the APG network of aggregate and cementitious material packaging facilities to the thriving Denver, Colo., market; and, brings valuable materials science expertise plus US SPEC, another strong brand with department of transportation, engineer and specifier recognition.
Read MoreConcrete Sensors wires IoT-minded Hilti into maturity monitoring
Power tool giant Hilti USA has acquired the assets of Cambridge, Mass.-based Concrete Sensors, a developer of devices and companion software expediting curing status measurement. The deal extends Hilti’s Internet of Things (IoT) portfolio into new applications and strengthens its leadership as a construction productivity solutions source.
Read MoreSmith-Midland nabs awards for inventory efficiency, social media
Virginia and North Carolina precast producer Smith-Midland Corp. earned first and third place honors in the National Precast Concrete Association’s Best Practices Awards program, spotlighted last month during the Precast Show in Fort Worth, Texas. Steel Reinforcing Shop Team Leader William Garcia and Welding Shop Supervisor Ernesto Ambrosio accepted the respective first and third place awards for:
Read MoreFMI, Autodesk measure a ‘trust premium’ in construction value chain
In partnership with management consulting firm FMI Corp., Autodesk Inc. released findings at ConExpo-Con/Agg 2020 from an industry study, “Trust Matters: The High Cost of Low Trust,” through which 2,500-plus respondents the world over reveal how construction organizations exhibiting “very high” levels of trust achieve better financial performance than lower-scoring peers. Compared to the latter, “very high” trust entities generate more repeat business, retain more employees and drive a higher level of operational success.
Read MoreIndustry strength evident in Precast Show metrics and agenda
The Precast Show 2020, staged last month in Fort Worth, Texas, saw more than 4,000 attendees, 350 exhibitors, 100-plus hours of live education and various special events. The National Precast Concrete Association and Precast/Prestressed Concrete Institute jointly hosted the event.
Read MoreAdvanced Concrete Technologies marks milestone anniversary with Texas verve
New Hamshire-based Advanced Concrete Technologies celebrated 30 years of North American partnerships last month during The Precast Show in Fort Worth, with a traditional Lonestar State night out for customers and associates—a barbeque dinner followed by a rodeo. Before the ridin’ and ropin’ started at the historic Cowtown Coliseum at the Fort Worth Stockyards, the hosts shared thoughts on the company’s three decades of success.
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