Sources: Banyan Capital Partners, Toronto; CP staff
Backed by private equity operator Banyan Capital, Pennecon Ltd. Chief Executive Officer Larry Puddister has led a management team buyout of the company’s ready mixed, precast and concrete block & paver business—serving markets in the far eastern reaches of North America.
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The Interlocking Concrete Pavement Institute accomplished a great amount in 2013, which seemed fitting as it entered a new era as this year marks ICPI’s 20th anniversary. Convening in New Orleans in late March for the 2014 Annual Meeting and anniversary observance, David Pitre, director of Engineering Products for Pavestone Co., opened the general session and began his two-year term as chairman at the close of the meeting.
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