By a 6-0 vote last month, U.S. International Trade Commission (ITC) members preliminarily determined there is reasonable indication that concrete reinforcing steel imports from Japan, Taiwan, and Turkey have materially injured the U.S. rebar industry. ITC figures show shipments from the three countries totaled nearly 20 percent of the $4.5 billion in rebar U.S. concrete construction consumed last year.
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Precision, Hayes integration fosters synergy in pre-stressed, post-tensioned practice
Sources: Actuant Corp., Menomonee Falls, Wis.; CP staff
New York Stock Exchange-traded Actuant Corp. has announced Precision-Hayes International, the combining of two businesses with global reach and significant brand recognition, plus reinforced concrete construction and energy infrastructure market presence. The move completes an integration of Sugar Land, Texas-based Hayes Industries, which Actuant acquired in 2014, eyeing synergy with its Precision Sure-Lock business.
Read MorePCA TO FEDS: PAVEMENTS PART OF VEHICLE FUEL ECONOMY, LOWER EMISSIONS EQUATION
Responding to the White House’s second phase of fuel economy standards for heavy-duty trucks, targeted for 2015-16 rulemaking and implementation, Portland Cement Association CEO Gregory Scott noted, “We should expand the debate beyond making more efficient [vehicles] to making more efficient infrastructure.”
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