Sources: Afinitas, St. Louis; CP staff Afinitas CEO Brad Schmidgall will shift from concrete plant equipment and accessories to ready mixed and manufactured concrete production early next year, taking the helm of County Materials Corp. As CEO of the Marathon, Wis.-based producer, he will oversee a portfolio spanning concrete pipe and precast operations that Afinitas has equipped under his tenure. …
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Concrete Pipe producers sum up new brand: Water + Resilience + Strength
The American Concrete Pipe Association has effected a major brand update with the unveiling of a new signature intended to be more modern, scalable, and representative of the products or markets the group represents and serves. Underscoring the effort are a new ACPA logo presented as the sum of Water + Strength + Resilience, plus an evolution of the www.concretepipe.org…
Read MoreAmeriTex secures upward of $400 million in credit facilities with U.S. Bank
Sources: AmeriTex Holdings LLC, Seguin, Texas; CP staff AmeriTex Pipe and Products LLC, Texas’ top independent concrete drainage structures operator, has closed $380 million in Senior Secured Credit Facilities with U.S. Bank National Association, joining $35 million in current Subordinated Notes with Prudential Capital Partners LP. The credit lines will enable the producer to continue building volume and other capabilities…
Read MoreProducers and allies mobilize for Concrete Pipe Week 2022
Source: American Concrete Pipe Association, Irving, Texas The American Concrete Pipe Association-organized Concrete Pipe Week, August 14-20, recognizes the reinforced concrete pipe and precast industry’s strong connection to quality of life. This year’s “Build for the Future. Build with Concrete” theme celebrates the long service life, resilience and sustainability that ACPA members and the industry provide to America’s infrastructure. “Reinforced…
Read MoreOldcastle Infrastructure books three Texas concrete pipe plants
Sources: Oldcastle Infrastructure, Atlanta; CP staff Oldcastle Infrastructure, a CRH company, has acquired Rinker Pipe reinforced concrete drainage structures in Houston, Dallas/Fort Worth and San Antonio from Quikrete Cos. An agreement behind the transaction was announced in February as Quikrete moved to consummate its takeover of Forterra Inc., Texas concrete pipe and box culvert market leader. The deal continues Oldcastle…
Read MoreAfinitas powers turnkey curing services for manufactured concrete
Afinitas has added a finishing element to its concrete pipe and precast formwork, machinery and accessories offering. The manufacturer unveiled its SmartSet Concrete Curing Solutions for pipe, precast, block, paver and prestressed production at the 2022 Precast Show. The Afinitas Curing Team rolled on to the Kansas City Convention Center floor in its fully stocked, 20-ft. SmartSet Curing Solutions service…
Read MoreQuikrete assimilates Forterra Precast as sister Rinker Pipe brand
Atlanta-based Quikrete Holdings LLC acquired all outstanding Forterra Inc. shares late last month and established the Irving, Texas concrete pipe, drainage structure, structural precast and ductile iron pipe giant as a wholly owned subsidiary. The incoming assets significantly extend the drainage and short-span bridge market footprints of sister Quikrete businesses, Rinker Pipe and Contech Engineered Solutions; add precast, prestressed plants…
Read MoreRinker Materials’ Texas pipe plants suit Oldcastle Infrastructure
Sources: Forterra Inc., Irving, Texas; CP staff In a new U.S. Securities and Exchange Commission filing, Forterra details an Asset Purchase Agreement to advance a merger with Quikrete Holdings Inc. The Agreement calls for the sale of Dallas/Fort Worth, Houston and San Antonio concrete pipe production assets—presently held by Quikrete subsidiary Rinker Materials—to Oldcastle Infrastructure Inc. The proposed transaction anticipates…
Read MoreASTM C13 issues standard for jacking-grade pipe, drainage structures
Source: ASTM International, West Conshohocken, Pa. A new standard from ASTM Committee C13 on Concrete Pipe will inform fabrication of municipal or industrial wastewater, stormwater drainage and underground utility structures engineered for jacking installation.
Read MoreForterra, Quikrete outline $200M in asset deals with CP&P, Foley
Sources: Forterra Inc., Irving, Texas; CP staff In December U.S. Securities and Exchange Commission filings, concrete pipe leader Forterra reports Purchase Agreements with Virginia’s Eagle Corp. and Georgia’s Foley Products Company Inc., both anticipating U.S. Department of Justice Antitrust Division-stipulated asset divestitures leading to approval of a merger with Atlanta-based Quikrete Holdings Inc. A $2.3 billion merger plan was announced…
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