Sources: Sunrock Group, Raleigh, N.C.; CP staff Sunrock Canada Construction Materials has acquired Fenelon Ready-Mix located in Fenelon Falls, Kawartha Lakes, Ontario. Operated under the McConnell family since 1962, the Fenlon R-M business builds upon the 2020 acquisition of a high-quality Kwartha Lakes quarry and Spartan Ready-Mix in Uxbridge, Ontario.
Read MoreTag: construction materials
Report tracks architectural trends driving construction materials selection
Sources: Frost & Sullivan, Santa Clara, Calif. Management consultant and industry analyst Frost & Sullivan offers predictions for the global construction market in a recent analysis, “Key Architectural Trends Determining Construction Materials Usage, Outlook 2021,” previewed here. The ongoing Covid-19 pandemic, renewed focus on environment-friendly and circular solutions, along with geopolitical issues are expected to affect the global construction industry for…
Read MoreInvestment banker sees 2021 ushering fertile merger & acquisition conditions
Sources: FMI Capital Advisors, Raleigh, N.C.; CP staff Investment banking services provider FMI Capital Advisors analyzes key economic factors affecting cement, aggregate, concrete and asphalt producers last year as well as their implications for this year in “Capturing the Momentum: Construction Materials Review of 2020 and Outlook for M&A in 2021.”
Read MoreClyde Cos. elevates Hafen, Golding, Ritchie in leadership transition
Sources: Clyde Companies Inc., Orem, Utah The parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro and Scott Contracting has announced three executive promotions within its Intermountain State construction materials and road building operations. Jeremy Hafen, who during a 16-year tenure has led Clyde Business Group, Sunroc Corp. and Sunroc Building Materials, has been appointed Clyde Companies president. He assumes…
Read MoreWashington prestressed plant ranks on Knife River capex commitments
Sources: MDU Resources Group Inc., Bismarck, N.D.; CP staff Under parent MDU Resources’ five-year, $3 billion capital investment plan, Knife River Corp. has budgeted for construction of a Spokane, Wash. prestressed concrete plant and Albany, Ore. employee training center, plus development of the Honey Creek Quarry in Burnet County, Texas.
Read MoreLibra Systems broadens Command Alkon aggregate, asphalt platform
Sources: Command Alkon, Birmingham, Ala.; CP staff Command Alkon has announced a transaction under which Harleysville, Pa.-based Libra Systems Inc. becomes a wholly owned subsidiary. Libra Systems brings the construction material information technology leader new plant automation, scale ticketing, and business integration solutions geared to aggregate, asphalt and concrete producers.
Read MoreMANUFACTURERS – DECEMBER 2019
St. Louis-based Afinitas has promoted Matt Childs to vice president of Sales, Americas for the HawkeyePedershaab-BFS equipment and automation sales organization. He joined the company in 2017 as vice president of Sales, North America.
Read MoreConstruction Materials deal raises distributor CSG’s Southeast stake
Sources: Construction Supply Group, Denver; CP staff
Construction Supply Group has closed on Montgomery, Ala.-based Construction Materials, a concrete contractor-centric wholesaler with seven Florida, four Alabama and two Texas branches, plus others in Jackson, Miss., Atlanta and Nashville.
Read MoreCoalition maps Embodied Carbon in Construction Calculator launch
Sources: Carbon Leadership Forum, Seattle; CP staff
In partnership with 30-plus architectural, engineering and construction entities, the Carbon Leadership Forum (CLF) has scheduled release of the Embodied Carbon in Construction Calculator, or EC3, with the U.S. Green Building Council’s Greenbuild International Conference and Expo, November 19-22 in Atlanta. The open source tool will equip architects, engineers, owners, construction companies, building material suppliers and policy makers to compare and reduce construction materials’ embodied carbon emissions.
Read MoreConcrete defies construction input price drop
Sources: Associated Builders & Contractors, Washington, D.C.
An Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index (PPI) data indicates that construction input prices decreased 1.3 percent on both a monthly and year-over-year basis, the latter metric representing the first such occurrence in nearly three years.
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