Atlanta-based Oldcastle APG has acquired Calstone, a leading northern California producer of pavers, concrete masonry, segmental retaining wall units and packaged materials serving Sacramento, San Francisco, San Jose and Central Valley markets.
“This is a strategically important addition to the Oldcastle APG family as we strive to offer complete outdoor living solutions to our customers across the country,” says President Tim Ortman. “Calstone fits seamlessly into our existing portfolio, elevating product lines and manufacturing capabilities in California to a new level.”
Established in 1947, Calstone produces hardscape units at Tracy (headquarters), Gilroy and San Martin plants. Oldcastle APG cites the producer’s reputation for “exceptional product quality and customer-centric approach to business across the building products industry.” Along with a stronger northern California market stake, Calstone positions its new owner to meet growing demand for sustainable building products, owing to a circular production process incorporating recycled materials.
HARDSCAPE INSTALLERS’ BANNER YEAR
Gross 2021 sales for concrete paver contractors in the United States and Canada increased 27 percent year over year, according to an Interlocking Concrete Pavement Institute survey released last month. The 2022 ICPI Contractor Industry Report reflects trends based on responses from 177 segmental concrete pavement professionals surveyed by Columbus, Ohio-based market researcher Industry Insights.
“Concrete paver contractors continue to experience substantial growth in sales each year,” says ICPI Board Chair Paul Pignatelli. “This report also confirms the ongoing challenge of recruiting and hiring employees. ICPI and the National Concrete Masonry Association remain dedicated to workforce development initiatives through ‘Hardscaping Is’ to attract new people and provide ongoing training to those already in the industry through installer courses.”
Other key 2022 Contractor Industry Report findings: Employee wages up an average of 10 percent over prior year; 64,615 average total square feet of pavers installed per company; and, 70 percent of respondents cite product availability challenges. The report includes insight on gross sales, employment situations, technology data, as well as company promotion and certification trends.