Cummins closes Meritor deal, eyeing electric powertrain possibilities

Sources: Cummins Inc., Columbus, Ind.; CP staff Cummins has completed its $3.7 billion acquisition of Meritor Inc., a key player in drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor product offerings and capabilities in axle and brake technology, Cummins officials note, will position their company as a leading provider of integrated powertrain solutions…

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CEO Ruffalo marks Astec’s 50th anniversary by opening Nasdaq trading session

Sources: Astec Industries Inc., Chattanooga, Tenn.; CP staff To celebrate Astec Industries’ 50 years of designing and manufacturing heavy equipment used to build the infrastructure that connects the world, President and CEO Barry Ruffalo rang the Nasdaq Stock Market opening bell on August 9. “The company was founded with a steadfast focus on customer service, innovation, and quality,” he says.…

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Clark Pacific halves embodied carbon in new mix design offering

Sources: Clark Pacific, West Sacramento, Calif.; CP staff Clark Pacific, a top West Coast precast, prestressed concrete and design-build operator, has announced Carbonshield, a mix with 50 percent less embodied carbon than conventional concrete alternatives. By leveraging factory-controlled, accelerated curing techniques, Carbonshield offers the same performance as traditional mixes with significantly less portland cement, and affords architects and their clients…

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MDU Resources Board sets 2023 Knife River Corp. spin off

Sources: MDU Resources Group, Bismarck, N.D.; CP staff MDU Directors have unanimously approved a plan to separate the Knife River Corp. construction materials business from the namesake power utility and related construction services flagship, both maintaining North Dakota headquarters. Knife River has 1 billion-plus tons of aggregate reserves, 110 ready mixed concrete and 50 asphalt plants, plus 410,000 tons of…

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Producers and allies mobilize for Concrete Pipe Week 2022

Source: American Concrete Pipe Association, Irving, Texas The American Concrete Pipe Association-organized Concrete Pipe Week, August 14-20, recognizes the reinforced concrete pipe and precast industry’s strong connection to quality of life. This year’s “Build for the Future. Build with Concrete” theme celebrates the long service life, resilience and sustainability that ACPA members and the industry provide to America’s infrastructure. “Reinforced…

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