Kentucky investor closes on Lindsay Precast

Sources: MiddleGround Capital, Lexington, Ky.; CP staff A private equity firm targeting middle market, business-to-business industrial companies, MiddleGround Capital has acquired Canal Fulton, Ohio-based Lindsay Precast. With a payroll of 350, the producer operates two plants each in Ohio, Colorado and the Carolinas, plus Florida and Washington satellites, and serves water supply, wastewater, utility, solar, transportation, and public works markets. 

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The National Ready Mixed Concrete Association has named 2019 Excellence in Quality Awards recipients. The program recognizes producers that follow and exceed quality management principles guiding materials, production processes and delivered loads. Honored during the group’s ConcreteWorks conference last month in Florida were:

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The National Precast Concrete Association Board has appointed Frederick Grubbe, MBA, CAE, successor to President and CEO Ty Gable, who will cap 25-plus years with the Carmel, Ind. group with a previously announced year-end retirement. Effective January 2020, Grubbe will lead NPCA’s staff, programs and activities to ensure objectives are attained, plans fulfilled, and member needs are met. He will participate with directors in developing the strategic plan and maintaining effective internal and external relationships.

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Lindsay Precast’s Hoffman named 2018-19 NPCA chairman

Source: National Precast Concrete Association, Carmel, Ind.

Convening earlier this month in Rhode Island, NPCA elected Mike Hoffman, vice president of Corporate Development at Lindsay Precast Inc. as chairman for the next 12 months. A 32-year veteran of the Canal Fulton, Ohio, producer, Hoffman has a long history of NPCA committee and task group leadership and has served on the board since 2012. 

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The National Precast Concrete Association Nominating Committee has submitted its slate of 2017-18 officer and director nominees, the vote scheduled during the NPCA 52nd Annual Convention next month in Atlanta. Nominees on track to join previously elected 2017-18 NPCA Chairman Ashley Smith of Smith-Midland Corp. are: Chairman-Elect Michael Hoffman of Lindsay Precast Inc. and Secretary/Treasurer Jon Ohmes of Champion Precast Inc.; plus Directors Jeff Malcolm of Norwalk Concrete Industries, Joel Sheets of Tindall Corp., Mark Wieser of Wieser Concrete Products, and Wes Dees of Seaman Corp. (Associate).

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ORGANIZATIONS – November 2016


The National Precast Concrete Association elected Greg Stratis, president of Wilmington, Mass.-based Shea Concrete Products, to a one-year term as chairman during its 51st annual convention in Austin, Texas. Joining him as 2016-17 officers are Chairman-Elect Ashley Smith of Smith-Midland Corp. in Midland, Va., and Secretary/Treasurer Michael Hoffman of Lindsay Precast in Canal Fulton, Ohio.

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30 ACIMike 200

The American Concrete Institute has promoted key staff with an eye to increasing alignment and flow from ACI technical documents to educational products: Michael Tholen to managing director of Engineering and Professional Development, Claire Hiltz to manager of Professional Development, and Matthew Senecal to manager, Engineering.

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