Forta expands fiber portfolio in Helix Steel transaction

Sources: Forta LLC, Grove City, Pa.; CP staf Forta, a fixture in synthetic reinforcing fiber, has acquired Helix Steel LLC, whose Micro Rebar twisted steel reinforcement products suit a variety of concrete applications. “Helix has an incredible portfolio of intellectual property, including several patents and a robust new product development pipeline. Our synthetic fiber and Helix Micro Rebar products will…

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Argos USA merger moves Summit Materials into U.S. cement elite ranks

Sources: Summit Materials Inc., Denver; CP staff At levels just under 100 percent, Summit Materials shareholders approved proposals at the heart a September 2023 agreement with Colombia-based Cementos Argos S.A., paving the path for a January 12 merger of Summit Materials and Argos North America Corp. Valued at $3.2 billion, the merger creates the fourth-largest U.S. cement producer—behind Holcim US,…

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