Sources: Concrete-AI, Los Angeles; CP staff Mix design software developer Concrete-AI has raised $2 million in a seed financing round with participation by the Grantham Foundation for the Protection of the Environment, a prominent family office, and other marquee investors. The investment will accelerate rollout of the firm’s pioneering data science platform that uses artificial intelligence (AI) and machine learning…
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Top LafargeHolcim mills sustain portland limestone cement momentum
Sources: LafargeHolcim, Chicago; CP staff The Holcim (US) Ste. Genevieve plant in Missouri and Lafarge Alpena plant in Michigan have transitioned to production of OneCem portland limestone cement (PLC), lowering by 10 percent the carbon intensity of their ordinary Type I/II powder. A high-performance blended cement milled from conventional clinker and up to 10 percent finely ground, premium limestone, OneCem…
Read MoreState DOT officials, allies charter FRP Institute for Civil Infrastructure
Sources: Regulatory Resources LLC, Westfield, Ind.; CP staff A new research and certification group will promote the advancement of composite reinforcement for heavy/civil concrete in North America and beyond. The FRP Institute for Civil Infrastructure, incorporated in January 2022, will serve as the focal point for research, testing, material certification and education surrounding fiber reinforced polymers, according to President and…
Read MoreKnight’s Cos. deepens Carolina footprint in Tekna, Sovereign Steel deal
Sources: Knight’s Companies, Summerville, S.C.; CP staff Knight’s Companies has strengthened its coastal Carolinas presence with the acquisition of Tekna Corp., a Precast/Prestressed Concrete Institute-certified beam, slab and pile producer, and sister company Sovereign Steel, a concrete reinforcement fabricator, both of Charleston, S.C. The businesses bring diversification to the 13 ready mixed and three precast plants Knight’s Cos. operates from…
Read MoreSika confirms MBCC Group takeover progress
Sources: Sika AG, Baar, Switzerland; CP staff The Swiss parent company of Sika Corp., Lyndhurst, N.J., expresses confidence in the prospects for a second half closing on Master Builders Solutions owner, MBCC Group, based in Mannheim, Germany with an Americas headquarters in Cleveland. The companies announced their nearly $6 billion merger plan late last year, subject to approval by regulators…
Read MoreLehigh Hanson closes on reserves-rich Corliss Resources
Sources: HeidelbergCement AG; CP staff Lehigh Hanson Inc. has finalized the acquisition of Sumner, Wash.-based Corliss Resources Inc., one of the Pacific Northwest’s largest, family-owned aggregates and ready-mixed concrete producers. The deal includes sand & gravel operations with annual shipments of 2 million-plus tons, reserves exceeding 175 million tons, and four ready mixed concrete plants serving the Greater Seattle area,…
Read MoreHolcim tests magnetizable slabs’ electric vehicle charging potential
Sources: Holcim AG, Zug, Switzerland; CP staff Holcim is partnering with Magment GmbH to improve the German startup’s magnetizable concrete technology for road surfaces enabling electric vehicles to recharge wirelessly while in motion. The breakthrough “inductive charging” solution could reduce the need for EV charging stations while saving drivers’ time. Holcim and Magment’s Research & Development teams have formulated a…
Read MoreICPI, CRSI veteran Hawkins leads American Concrete Pipe Association
Sources: American Concrete Pipe Association, Irving, Texas; CP staff The American Concrete Pipe Association has appointed Steven Hawkins, AIA, CSI, as staff president. He arrives with 20-plus years in roles suiting the ACPA appointment, most recently serving as director of Marketing and Membership at the Interlocking Concrete Pavement Institute, Chantilly, Va. Prior to ICPI, Hawkins was vice president and marketing…
Read MoreInvestor acquires lintel, sill top gun Cast-Crete
Sources: Monomoy Capital Partners, New York; CP staff A middle-market private investment firm, Monomoy Capital Partners, recently closed on Seffner, Fla.-based Cast-Crete Holdings LLC, a specialist in precast or prestressed concrete lintels and sills. The vertically-integrated producer delivers manufactured concrete elements, along with sourced complementary items, directly to residential or commercial building sites.
Read MoreAggregate Industries Pacific Northwest adds Cowden operations
Sources: LafargeHolcim, Chicago; CP staff LafargeHolcim has acquired the ready mixed concrete and aggregate assets of Cowden Inc. in Bellingham, Wash., consummating the transaction through its Aggregate Industries subsidiary. “The acquisition strengthens our presence in this strong growth market while contributing to Aggregate Industries’ overall strategy to expand our range of sustainable construction materials,” says René Thibault, head of North…
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