By Don Marsh The close of any other calendar might confine this column to revisiting a merger and acquisition wave across ready mixed and manufactured concrete, but 2021 could be remembered as much for carbon dioxide emissions action as cement, aggregate and concrete production investment. On the latter front, stock prices for public companies and high valuations for private peers…
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Boral veteran Hill transitions to Solidia CTO post
Sources: Solidia Technologies, Piscataway, N.J.; CP staff Solidia Technologies, developer of namesake cement and concrete materials promoted for their low carbon characteristics, has named Russell Hill, Ph.D., as chief technology officer. He arrives after 25-plus years with Boral Ltd, where he most recently served as chief innovation officer and oversaw broad initiatives spanning research, new product development, venture investments, digital…
Read MoreChaney Enterprises adds Branscome ready mixed, terminal assets
Sources: Chaney Enterprises, Gambrills, Md.; CP staff Chaney Enterprises is extending its Virginia footprint south and east, into the Hampton Roads market, with the acquisition of Chesapeake, Exmore and Tasley ready mixed concrete plants, plus the Chesapeake Barge Terminal, from Branscome Inc. of Williamsburg, Va. Also known as the Branscome Dominion Yard, the terminal serves as a gateway for delivery…
Read MoreBMC adds ready mixed plants, enters precast market in Stewart deals
St. Louis aggregates and ready mixed top gun BMC Enterprises has entered precast concrete, acquiring Stewart Concrete Products of Halfway, Mo., and announced a strategic partnership with Stewart-Morrison Redi-Mix, Inc. of West Plains, Mo. Both will operate as BMC portfolio companies—sisters to the Breckenridge Material flagship brand. Acquired assets include five concrete products locations, eight ready mixed plants and two…
Read MoreA matter of law: Environmental product declaration submittals
From the Carbon Leadership Forum’s July 2021 report, “Environmental Product Declaration Requirements in Procurement Policies – An analysis of EPD definitions in Buy Clean and other North American procurement policies”
Read MoreForney, Command Alkon integration powers Titan Virginia’s QC
Sources: Forney LP, Pittsburgh; CP staff The ForneyVault integrated construction materials testing platform has recently added Command Alkon to an expanding list of software integration partners, enabling mutual customer Titan Virginia Ready-Mix, LLC to link compressive strength testing machines directly to the quality control process.
Read MoreMessaging service provider Zello raises driver-dispatch communication
Sources: Zello Inc., Austin, Texas; CP staff The developer of a voice messaging service that enables communication and collaboration for workers, teams, and businesses has increased its construction materials fleet offerings. Through Dispatch Hub, Zello modernizes dispatcher-driver communications with push-to-talk technology, dispatcher workload sharing, call queuing, location tracking, and message replay.
Read MoreSunrock Group adds Fenelon Ready-Mix to Canada platform
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 MoreReport 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.”
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