Sources: Remora, Livonia, Mich.; CP staff Pittsburgh-based flatbed fleet JLE Industries plans a 90-day pilot for a truck frame-mounted tank assembly that filters and isolates tailpipe carbon dioxide. Tanks are engineered to capture up to 80 percent of the greenhouse gas, which represents about 13 percent of vehicle exhaust.
Read MoreAfinitas has added a finishing element to its concrete pipe and precast formwork, machinery and accessories offering. The manufacturer unveiled its SmartSet Concrete Curing Solutions for pipe, precast, block, paver and prestressed production at the 2022 Precast Show. The Afinitas Curing Team rolled on to the Kansas City Convention Center floor in its fully stocked, 20-ft. SmartSet Curing Solutions service…
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Chairman Emeritus S. Dale High and family members have established a new ownership structure for their business, High Industries Inc., netting millions annually for community causes in Lancaster and other eastern Pennsylvania communities. Transfer of High Industries ownership to the High Foundation follows a fall 2021 commitment of $65 million to seed the High Foundation Fund at the Lancaster County…
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Dublin-based CRH Plc continues to streamline its North American portfolio around cement, aggregates, concrete and asphalt production assets. The company recently announced an agreement to sell its Oldcastle BuildingEnvelope business to KPS Capital Partners, a New York private equity firm. The deal includes a $3.45 billion cash payment, plus transfer of $335 million in lease liabilities. A major architectural glass…
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Atlanta-based Quikrete Holdings LLC acquired all outstanding Forterra Inc. shares late last month and established the Irving, Texas concrete pipe, drainage structure, structural precast and ductile iron pipe giant as a wholly owned subsidiary. The incoming assets significantly extend the drainage and short-span bridge market footprints of sister Quikrete businesses, Rinker Pipe and Contech Engineered Solutions; add precast, prestressed plants…
Read MoreSources: PulteGroup, Atlanta; CP staff One of the nation’s largest builders has turned to insulating concrete forms for two homes along “Innovation Way” within Babcock Ranch, a solar-powered town rising outside of Fort Myers, Fla. Ahead of listings, PulteGroup unveiled the models earlier this month, aiming to test the energy performance of R-22 rated ICF walls paired with “the latest…
Read MoreSources: CalPortland Co., Glendora, Calif.; CP staff CalPortland plans full conversion of its 1.3 million ton/year capacity Mojave plant, located 75 miles north of the Los Angeles Basin, to the branded Advancement HS portland-limestone cement. Scheduled for completion by the third quarter, the switch from ordinary portland to Type IL cement will reduce the facility’s carbon emissions by 10 percent…
Read MoreSources: Invert Inc., Calgary; CarbonCure Technologies, Halifax, N.S.; CP staff CarbonCure Technologies has signed a pioneering carbon credit purchase agreement underpinned by its process of mineralizing and storing carbon dioxide in ready mixed or manufactured concrete. Valued at $30 million over a 10-year window, it entails majority and minority funding partners, Invert Inc. of Calgary and Ripple Inc. of Ottawa,…
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Smyrna Ready Mix Concrete LLC of Murfreesboro, Tenn. opened 2022 Q2 confirming the acquisition of 67 ready mixed plants in five states. The largest of four announced transactions netted 37 central Texas, Colorado and Wyoming sites from Martin Marietta Materials, which had indicated an asset sale agreement with SRM Concrete in mid-March. SRM Concrete has also acquired 18 North Carolina…
Read MoreThe Labor Department Wage and Hour Division (WHD) will open a public comment period for its formal Notice of Proposed Rulemaking, “Updating the Davis-Bacon and Related Acts Regulations” (DBRA). Regulatory changes outlined will improve WHD’s ability to administer and enforce DBRA labor standards on federally funded construction projects more effectively and efficiently, officials contend, and include: Creating efficiencies in the…
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