Piedmont Prowess

Gossett Concrete Pipe tests next generation Besser BiDi Much like real estate marketability, “location” repeats when measuring the success Gossett Concrete Pipe Co. (GCPC) has realized in South Carolina’s Upstate over nearly 80 years, especially the past 30.  Most expansion-minded peer operators in markets of comparable growth have found themselves land locked—compelled to look for larger parcels beyond the towns…

Read More

LafargeHolcim looks downstream of core business in Strategy 2022

Sources: LafargeHolcim Ltd., Zurich; CP staff

Coupled with the release of 2017 financials showing moderate year-over-year sales and EBITDA (earnings before interest, taxes, depreciation and amortization) gains, LafargeHolcim outlined a five-year plan to drive profitable growth and simplify the business to deliver resilient returns and attractive value to stakeholders. Strategy 2022 – Building for Growth targets annual net sales growth of 3 to 5 percent and recurring EBITDA of at least 5 percent, and is based on four value drivers:

Read More

Construction market prospects pique investor’s interest in Chryso Group

Sources: Cinven Partners LLP, London; Chryso Group, Issy-les-Moulineaux, France; CP staff

An international private equity firm with a Europe-centric portfolio, Cinven has entered negotiations to acquire concrete, cement and construction chemical specialist Chryso Group based outside Paris. The business encompasses 29 manufacturing facilities, four research & development centers and 1,100-plus employees across Chryso Inc. in Rockwall, Texas, and sister operations world wide.

Read More

McInnis Cement sites first U.S. terminal at Port of Providence

The terminal encompasses an existing ProvPort warehouse, which McInnis Cement aims to transform into a world-class receiving and storing facility. The company will also build a modern rail and truck station to load up to 100 tankers and 10 railcars daily.

Rhode Island and Providence officials joined McInnis Cement executives for an early-August groundbreaking at the deep-water Port of Providence, where the producer is building a 30,000-plus ton capacity terminal linked to its Port-Daniel-Gascons mill under construction in eastern Quebec. The $22 million storage and loading facility is positioned to supply much of the New England construction market, especially in Rhode Island, Connecticut and Massachusetts.

Read More

Utility structures help precast shipments outpace overall 2013 construction market


Reflecting input from more than 60 producers operating 200-plus plants, the National Precast Concrete Association’s recent Precast Industry Benchmarking Survey indicates 2013 shipments increased 5.2 percent over the prior year, to $16.2 billion—encompassing an estimated 33 million yd. of concrete output and 11 million tons of cement consumption.

Read More