Source: Design-Build Institute of America, Washington, D.C. Leading construction management and merger & acquisition consultant FMI Corp. projects the design-build delivery method accounting for 47 percent of construction spending by 2028, surpassing $1.1 trillion in total outlays over the next five years. Prepared for the Design-Build Institute of America (DBIA), the FMI 2024 Design-Build Utilization Study spotlights these factors impacting…
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CarbonCure opens carbon credit revenue streams to precast producers
Sources: CarbonCure Technologies, Halifax, N.S.; CP staff A December 2024 update to the Verra Verified Carbon Standard Methodology VM0043 for CO2 Utilization in Concrete Production enables CarbonCure Technologies-equipped precast concrete producers to generate credits in line with their ready mixed production counterparts. Over the past three years, CarbonCure ready mixed producer partners in North America and overseas markets have shared in…
Read MoreTCC Materials secures New England base in Conproco asset deal
Sources: TCC Materials, Mendota Heights, Minn.; CP staff TCC Materials has acquired the Bow, N.H. packaging plant and related assets of Conproco Inc., which offers namesake concrete and masonry repair, restoration, coating and waterproofing products in bags or pails, plus ProMasonry series bagged mortar, grout and sand. The New Hampshire facility joins a network of 30-plus packaging, concrete masonry or…
Read MoreAlliance, Kenworth team wires top CIM Auction receivable
Sources: Concrete Industry Management National Steering Committee; CP staff Alliance Concrete Pumps, Kenworth Truck Co. and northern California dealer Papé Kenworth have donated proceeds from the sale of a T880-mounted 38M concrete pump to the 2025 Concrete Industry Management Auction fund. The commitment provides significant tailwind for the January 22 event, with 11 a.m. silent auction and 1 p.m. live…
Read MoreSomero screed adds finishing touch to CIM Auction upper tier
Sources: Concrete Industry Management National Steering Committee; CP staff Somero Enterprises Inc. has once again joined big ticket Concrete Industry Management Auction item donors, committing a S-485 Laser Screed model to this year’s event. A motorized 4-wheel drive, stand-on, multi-function machine with 8- or 10-ft. vibrator beams, the S-485 is capable of fine grading most subbase materials, raking concrete level,…
Read MoreVery viable viaduct
The American Society of Civil Engineers salutes the Sixth Street Viaduct Replacement with Gold honors in the 2024 Outstanding Civil Engineering Awards (OCEA) program. The largest, most complex bridge project in Los Angeles history, the $588 million crossing replaces an iconic double-steel-arch structure, one seen in many movies and TV series, with a span featuring 10 pairs of sculptural arches.…
Read MoreAshcor sets two-year schedule for Michigan ash beneficiation operation
Sources: Ashcor Technologies Ltd., Calgary; CP staff Ashcor USA Inc. and Michigan-based Consumers Energy have outlined an agreement to extract millions of tons of impounded coal ash from the J.H. Campbell Generating Complex. Over a projected 20-year timetable, Ashcor’s Reclaimed Ash Management (RAM) technology will transform stored volumes at the Port Sheldon Township, Mich. power facility into concrete-grade fly ash.…
Read MoreCalPortland closes on Grimes Rock, State Ready Mix assets
Sources: CalPortland Co., Summerlin, Nev.; CP staff CalPortland has grown its southern California concrete and sand & gravel production footprint, acquiring the assets of Grimes Rock Inc. in Fillmore and affiliates, State Ready Mix Inc. and State Ready Mix Recycling, in Oxnard. “This addition aligns with our commitment to strategic growth in the aggregate and concrete markets and to provide…
Read MoreTCC Materials integrates Amcon, Borgert in new division structure
Sources: TCC Materials, Mendota Heights, Minn.; CP staff TCC Materials has consolidated wholly owned Minnesota subsidiaries Amcon Concrete Products LLC and Borgert Products LLC into its flagship business. With 30-plus facilities across 10 states, TCC Materials is now organized around four divisions: Standard Products Packaging, Specialty & Chemicals Packaging, Masonry, and Hardscapes & Precast. “Founded in 1957, TCC Materials has…
Read MoreInvestor positions Titan Ready Mix to seize Texas market moment
Private investor Cordatus Capital, Dallas, has announced a stake in Titan Ready Mix, enabling the producer to pursue Texas market growth beyond its current Cresson, Springtown and Venus concrete operations serving the Dallas-Ft. Worth Metroplex. Titan RM CEO Danny Paterson and COO Jeremy Briggs continue in their leadership roles and remain shareholders. The Cordatus team’s “dedication to customer satisfaction, top-notch…
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