Sources: PulteGroup, Atlanta; CP staff Leading home builder PulteGroup sees the potential of artificial intelligence and robotics technology applied to concrete block wall practice at its southwest Florida community, TerraWalk at Babcock Ranch. Testing work on a home engineered to robust Sunshine State codes, the builder partnered with Australia’s FBR Ltd., whose mobile Hadrian X system uses an advanced robotic…
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‘Ambition’ and ‘Rising’ frame Holcim North America business branding
Sources: Holcim Ltd., Zug, Switzerland; CP staff Upon a spin-off scheduled to be consummated by mid-year, Holcim Ltd. plans to name its North American business Amrize, with shares trading on the New York Stock Exchange under the symbol AMRZ. As an independent public company, Amrize will be North America’s leading building solutions source from foundation to rooftop. Its portfolio will…
Read MoreEco Material eyes strategic initiatives after closing major loan facility
Sources: Eco Material Technologies Inc., South Jordan, Utah; CP staff An $800 million Green Term Loan Facility maturing in 2032 affords Eco Material Technologies enhanced financial flexibility for capacity investments extending the company’s role in North American cementitious materials and concrete production. Approximately $665 million of the proceeds were used to redeem existing 7.875 percent senior secured green notes due…
Read MoreEagle Materials co-leads $82M funding round for SCM developer Terra CO2
Sources: Terra CO2 Holdings, Golden, Colo.; CP staff Supplementary cementitious materials process developer Terra CO2 has signed Series B equity commitments totaling $82 million from financial and strategic investors. The latter include Eagle Materials Co., which has secured options for processing installations at three of its cement mills. In pilot scale equipment, Terra CO2 has demonstrated the potential for commercial…
Read MoreTitan Cement backs Concrete.ai and concrete recycling startup C2CA
Sources: Titan Cement International SA, Brussels; CP staff The parent company of Virginia-based cement, fly ash, aggregate, ready mixed and concrete block producer Titan America SA has announced an investment in Concrete.ai, Los Angeles developer of artificial intelligence and machine learning technology for mix design optimization, quality control and lowering carbon dioxide emissions associated with finished concrete. Combining Titan Cement’s…
Read MoreConcrete prices pace construction materials’ five-year, 40 percent hike
Sources: Associated Builders & Contractors, Washington, D.C. An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data indicates a 1.4 percent construction input price increase in January over the prior month, bringing the metric just past the 40 percent threshold since the beginning of the decade. Over the February 2020 to January 2025 window,…
Read MoreBASF CC veteran Klosowski-Blatz leads AltusGroup
Sources: AltusGroup; CP staff Katherine Klosowski-Blatz has succeeded John Carson as executive director of the AltusGroup, a collaborative of 13 North American precast concrete producers whose 27 operations are licensed to fabricate CarbonCast brand and other premium architectural or structural elements. She arrives with a track record of driving innovation, portfolio life cycle management, operational excellence pursuits, and implementing change…
Read MoreJensen branding messages Infrastructure, engineering bandwidth
Sources: Jensen Infrastructure, Sparks, Nev.; CP staff Jensen Precast, one of the West Coast’s top providers for environmental and utility construction, has changed its name to Jensen Infrastructure to reflect expanding inventory and capabilities for contractors, developers and agencies. Along with precast products the company has delivered since its 1968 founding, Jensen Infrastructure now offers a broader range of concrete…
Read MoreSummit Materials closing: A quantum leap for Quikrete Holdings
Sources: Summit Materials Inc., Denver; CP staff Atlanta-based Quikrete Holdings Inc. has completed the acquisition of key cement, aggregate and concrete operator Summit Materials. The deal closed February 10 per terms of Quikrete Holdings’ November 2024 offer of $52.50/share, representing an enterprise value of $11.5 billion, about $2 billion of which is assumed debt. Led by Colombia-based Cementos Argos (31…
Read MoreCarbonCure, MIT lab dive deep into CO2 mineralization in concrete
Sources: CarbonCure Technologies, Halifax, N.S.; CP staff A new Massachusetts Institute of Technology Masic Lab collaboration extends 10-plus years of CarbonCure Technologies research on carbon dioxide utilization and mineralization in fresh and finished concrete. Armed with advanced analytical spectroscopy and microscopy tools common in cement or aggregate quality control, Associate Professor of Civil and Environmental Engineering Admir Masic will lead…
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