Oldcastle Infrastructure adds Minnesota’s Hancock Concrete Products

Sources: Oldcastle Infrastructure, Atlanta; Hancock Concrete Products LLC, Hancock, Minn.; CP staff In the latest strengthening of its portfolio around drainage and underground construction, Oldcastle Infrastructure has closed on Hancock Concrete Products, which operates one storage yard and six plants in Minnesota, the Dakotas and Iowa. 

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Oldcastle Infrastructure evolves polymer reinforcement practice

Oldcastle Infrastructure has approved namesake composite lattice material from WEAV3D Inc. for reinforcement applications in its polymer concrete and SMC composite products. Ideal for underground energy, transportation and communication applications, the WEAV3D lattice is a non-metallic reinforcement that provides high levels of durability and strength, as well as resistance to corrosion and other environmental conditions. It addresses limitations of traditional…

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Fabcon gains NE market share in Oldcastle Infrastructure NY plant deal

Sources: Fabcon Precast, Minneapolis; CP staff Fabcon has stepped up its Northeast presence by acquiring Oldcastle Infrastructure Building Systems Division assets, primarily a Selkirk, N.Y. plant specializing in precast, prestressed hollowcore plank, beam and wall panels. The operation considerably increases New York and New England contract prospects beyond those of Fabcon’s easternmost site in Mahanoy City, Pa. 

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Knife River Prestress adds Oldcastle Spokane plant

Sources: MDU Resources Group, Bismarck, N.D.; CP staff

MDU construction materials subsidiary Knife River Corp. has extended its Pacific Northwest precast/prestressed concrete production footprint, acquiring the assets of Oldcastle Infrastructure Spokane. The operation serves contractors and developers in Washington, Idaho and Oregon, and complements an existing Knife River precast/prestressed plant in the latter state. 

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PRODUCERS – DECEMBER 2019

The board of AltusGroup, Inc., a collaboration of over two dozen precast concrete innovators, has announced the election of Hagen Harker, president of Mid-States Concrete Industries, South Beloit, Ill., as its chairman. He will take over the position from High Concrete Group’s Dave Schneider and serve a two-year term, ending at the organization’s 2021 meeting. Rounding out the officer slate are Harry Gleich of Metromont Corp., re-elected as treasurer, and BASF’s Jason Pitcole, secretary.

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PRODUCERS – JULY 2019

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Karl Watson Jr. has moved from executive vice president and chief operating officer at Summit Materials, Denver, to chief executive officer and board member of Forterra Inc., a top concrete pipe and precast drainage structure producer based in Irving, Texas. Succeeding Jeff Bradley, he arrives with 30-plus years in management and executive roles at major heavy building materials operators and, Forterra notes, “a track record of effectively leading through numerous business cycles and improving financial results.”

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Oldcastle Infrastructure broadens Pacific NW base with Granite Precasting

Sources: Oldcastle Infrastructure, Atlanta

On the heels of similar bolt-on transactions involving Pacific Northwest operators Quality Concrete Products and Valley Precast, Oldcastle Infrastructure has acquired Granite Precasting & Concrete Inc., a Bellingham, Wash. producer of manholes, catch basins and storm water drainage components, plus structures serving energy and communications sectors.

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PRODUCERS – APRIL 2019

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Oldcastle Infrastructure, Atlanta, has grown a market footprint established through one of its inaugural businesses, Utility Vault, by acquiring Quality Concrete Products of Mukilteo, Wash. The producer serves the greater Seattle market with manhole, catch basin and companion drainage structure offerings. They complement output from Oldcastle Infrastructure plants in Auburn and Spokane, Wash., and expand a customer base in the Puget Sound region, a key growth area.

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