To advance a proposed merger with mid-year target, HeidelbergCement AG Chairman Dr. Bernd Scheifele reviewed moves to restructure Italcementi S.p.A. operations, principally at Bergamo, Italy, headquarters and affecting upward of 400 employees through 2020; consolidate global research and development activities at Italcementi’s ultra-modern i.Lab, a Bergamo facility dedicated in 2013; and, maintain the Italcementi brand plus home base plants and industrial network.
Sources: Forterra Building Products, Irving, Texas; CP staff
The top producer of reinforced concrete pipe, concrete and steel pressure pipe, plus precast drainage products has greatly expanded its prospects in the water infrastructure market, acquiring ductile iron product leader U.S. Pipe. The Birmingham, Ala., operator brings Forterra Building Products 20 manufacturing and fabrication facilities in the U.S. and Mexico, and the leading brand of ductile iron pipe, fittings, joint restraints and related products among distributors, contractors and engineers.Read More