Forterra, Quikrete outline $200M in asset deals with CP&P, Foley

Sources: Forterra Inc., Irving, Texas; CP staff In December U.S. Securities and Exchange Commission filings, concrete pipe leader Forterra reports Purchase Agreements with Virginia’s Eagle Corp. and Georgia’s Foley Products Company Inc., both anticipating U.S. Department of Justice Antitrust Division-stipulated asset divestitures leading to approval of a merger with Atlanta-based Quikrete Holdings Inc.  A $2.3 billion merger plan was announced…

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EPA backs research on carbon fiber alternative to steel rebar

Sources: IsoTruss Inc., Springville, Utah; CP staff A fiber-reinforced polymer specialist pursuing conventional steel rebar substitution has garnered a $100,000 Environmental Protection Agency Small Business Innovation Research Program award to support research and development of concrete foundations increasing telecommunication tower performance in the face of natural disaster exposure. Success in telecom structures stands to guide IsoTruss resin-bound, carbon fiber reinforcement…

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Winchester Precast deal expands Evercast’s Mid-Atlantic footprint

Evercast, Princeton, W.V.; CP staff  Evercast, a leading precast and prestressed concrete producer in the Mid-Atlantic and Southeast United States, recently acquired Winchester Precast of Virginia. The family-owned business has been producing concrete elements and structures since 1950, enjoying a strong reputation across its home state, West Virginia, Maryland and Washington, D.C. markets.   Winchester Precast joins six other companies under…

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