Investors set $4 billion Construction Supply Group, White Cap merger

Sources: Clayton, Dubilier & Rice, New York; HD Supply Holdings, Inc., Atlanta; CP staff

Two private equity fund managers have outlined a transaction creating a powerhouse in concrete and masonry construction accessories and supplies. Clayton, Dubilier & Rice (CD&R) will acquire HD Supply’s Construction & Industrial segment, better known as White Cap and including the Home Improvement Solutions and Brafasco businesses, then pursue a merger of that entity with Construction Supply Group (CSG). Based in Denver, the latter is a portfolio company of Sterling Group, a Houston investor that has acquired concrete and masonry contractor centers since chartering the business in 2016 with Minnesota’s Brock White. 

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C-I-P, precast, masonry surface finish

Meadow-Patch Smooth-Grade is a one-component, polymer-modified formulation imparting an ultra-smooth finish on precast, cast-in-place, tilt-up and other plain concrete surfaces or concrete masonry. The cement-based, sand-free material, product developers note, offers superior adhesion and durability; contains no added gypsum; allows vapor to readily pass through the surface; makes troweled applications easy with its smooth consistency; and, offers an extended pot life that allows for an increased working time over traditional concrete surface finishers.

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Masonry, mortar tasks spur discussion of OSHA silica rule revisions

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The 26-member Construction Industry Safety Coalition (CISC) has formally requested the Occupational Safety and Health Administration revise the Occupational Exposure to Respirable Crystalline Silica – Specified Exposure Control Methods standard (silica rule), thereby expanding compliance options and recognizing sub-threshold dust levels typical of masonry sawing and mortar mixing.

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Masonry, mortar tasks frame case for OSHA silica rule revisions

Sources: Construction Industry Safety Coalition, Associated Builders & Contractors, Washington, D.C.; CP staff

The 26-member Construction Industry Safety Coalition (CISC) has formally requested the Occupational Safety and Health Administration revise the Occupational Exposure to Respirable Crystalline Silica – Specified Exposure Control Methods standard (silica rule), thereby expanding compliance options and recognizing sub-threshold dust levels typical of masonry sawing and mortar mixing.

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Construction 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. 

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Natural stone leader Polycor adds Indiana’s Elliott Stone

Source: Polycor Inc., Quebec City

A top player in natural stone, Polycor continues its growth program with the acquisition of Elliott Stone Company Inc., Bedford, Ind.-based quarrier and fabricator of Indiana limestone. The deal expands Polycor’s ability to deliver the most comprehensive offering of natural stone building products for the hardscapes and masonry segments.

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LoJac deal brings Alley-Cassetty masonry production, distribution assets

Source: Alley-Cassetty Companies Inc., Nashville; CP staf

One of largest independent and family owned masonry distributors in the U.S., Alley-Cassetty Cos., entered a purchase agreement late last year to acquire the block, brick and stone assets of LoJac Materials, Inc., serving the middle Tennessee market from three locations. Projected to close this month, the transaction will expand its reach to 14 Southeast locations.

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Early World of Concrete 2019 metrics bode well for attendees, exhibitors

Sources: Informa Exhibitions, U.S., Dallas; CP staff

In its recently completed space draw for World of Concrete 2019, show management secured 970-plus exhibitors booking more than 676,000 net square feet of Las Vegas Convention Center indoor and outdoor space. With seven months remaining until the January 22-25 gathering, Informa Exhibitions anticipates significant growth over the 2018 staging, which drew 58,000 registered professionals and 1,564 manufacturers, suppliers or service providers occupying nearly 750,000 square feet.

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