Source: MDU Resources Group, Bismarck, N.D. The MDU Resources Board has named Brian Gray as president of construction materials subsidiary Knife River Corp., where 36-year veteran David Barney remains chief executive officer. With a Knife River tenure just shy of 30 years, Gray has headed the producer’s Northwest Region for a decade and overseen seven bolt-on acquisitions since 2018, most…
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Alternative Materials to the Rescue!
Geopolymer concrete and fiber-reinforced polymer rebar can be the perfect match for sustainability in structural applications. Steel and concrete have a love-hate relationship. Steel brings tensile strength to concrete, making it stronger for structural applications. Alas, concrete lets water seep into the relationship and corrode the hope for a lasting union. To fix this marriage, Dr. Ruth (Westheimer) has been…
Read MoreMDU Resources Board sets 2023 Knife River Corp. spin off
Sources: MDU Resources Group, Bismarck, N.D.; CP staff MDU Directors have unanimously approved a plan to separate the Knife River Corp. construction materials business from the namesake power utility and related construction services flagship, both maintaining North Dakota headquarters. Knife River has 1 billion-plus tons of aggregate reserves, 110 ready mixed concrete and 50 asphalt plants, plus 410,000 tons of…
Read MoreProgrammers complete AASHTOWare Project, ForneyVault interface
Construction materials testing equipment and technology provider Forney LP is preparing release of a ForneyVault-AASHTOWare Project Construction & Materials interface to state departments of transportation. Linking its signature platform and the American Association of State Highway and Transportation Officials software suite, the company notes, “Drives increased transparency, productivity and efficiency—especially pertinent for DOT labs today in light of the Infrastructure…
Read MoreConcrete.ai developers prepare for software platform commercialization
Sources: Concrete.ai, Los Angeles; CP staff Concrete.ai is preparing for general release of its pioneering data science platform, programmed to reduce costs and embodied carbon intensity (CO2e) in concrete construction. Ahead of the launch, the company is filling key management positions and executing an exclusive, worldwide license from the University of California, Los Angeles for the underlying artificial intelligence (AI)…
Read MoreDashboard device hardware
The TAB4METKL Aluminum Locking Tablet Mount is built to withstand tough construction materials delivery conditions and secure devices measuring up to 10-1/4- x 8-5/8- x 7/8-in., including Samsung Galaxy Tab A 8.0, Galaxy Tab 3 7.0 and 8.0, Galaxy Tab Pro 8.4, Galaxy Note 10.1, Galaxy Tab 4, Galaxy Tab Pro 10.1, Galaxy Tab S 10.5; LG G Pad 7.0,…
Read MoreIIJA, M&A prospects shape advisor FMI’s Construction Materials Outlook
North Carolina-based FMI Capital Advisors, a leading investment banking firm for aggregate, concrete, asphalt producers and their customers, examines key drivers and challenges its 2022 Construction Materials Outlook. Themed “Seizing the Opportunities Ahead,” the report also assesses 2021 producer and contractor merger & acquisition activity. “[Last year] presented an acquisition-rich environment for Construction Materials. Cash on hand, solid earnings and…
Read MoreFederal agencies trigger a third flourish for Environmental Product Declarations
Our coverage of Environmental Product Declarations (EPDs) for ready mixed and manufactured concrete dates to 2013. The record of producers and their national associations responding to market signals calling for such documents continues to be exemplary. This past month saw a third turning point in EPDs’ evolution from a target of green building practitioners, to data files for the Embodied…
Read MoreHow Increasing Wages Are Affecting Our Economy
It’s February, so some of the year-end economic metrics for 2021 are starting to be reported, and it is no surprise to see that wages took a big jump last year. Wage increases were fueled by the unexpected supply chain morass that the Covid-19 lockdown precipitated, and were further compounded by the amount of stimulus cash that was injected into…
Read MoreChaney Enterprises acquires TW Block & Concrete
Sources: Chaney Enterprises, Gambrills, Md.; CP staff Continuing a Virginia market expansion that kicked into high gear with a fall 2020 deal for Richmond-based GreenRock Materials, Chaney Enterprises recently closed on TW Block & Concrete of Onley, serving ready mixed, masonry, and aggregate customers in the state’s Eastern Shore and lower Chesapeake Bay region. The deal was consummated with T&W…
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