A private equity firm pursuing middle market, business-to-business industrial targets, MiddleGround Capital has acquired Canal Fulton, Ohio-based Lindsay Precast, one of the top independent producers serving utility, drainage and other non-architectural construction segments. 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,…
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ACPA members, allies gear up for Concrete Pipe Week 2021
The American Concrete Pipe Association will mark Concrete Pipe Week 2021 this month, affirming the contributions of reinforced concrete pipe and precast to quality of life. The “Impacting Communities with the Resilience of Concrete Pipe” theme is a nod to the role of ACPA members in a community’s infrastructure, financial state, long-term sustainability, and overall well-being. “Reinforced concrete pipe has…
Read MoreSurety groups: Miller Act indexing exemption protects suppliers, subs
Sources: Surety & Fidelity Association of America (SFAA), National Association of Surety Bond Producers (NASBP), Washington, D.C.; CP staff SFAA and NASBP endorse House legislation that will maintain essential payment protections for subcontractors, suppliers, and workers on federal construction contracts of $150,000 or more. Sponsored by Congresspersons Nydia Velasquez (D-N.Y.) and Byron Donalds (R-Fla.), H.R. 2949 exempts the threshold in…
Read MoreVirtual elements underpin 2020 Concrete Pipe Week
Sources: American Concrete Pipe Association, Irving, Texas; CP staff
Accepting the limitations of customary Concrete Pipe Week in-person activities—plant tours, employee appreciation events, plus engagement with federal, state or local officials—the American Concrete Pipe Association has scheduled online presentations for the August 16-22 observance. The group will convey the value proposition of rigid, robust drainage infrastructure through these Monday-Friday presentations and webinars, live or on-demand:
Read MoreOldcastle Precast rebranding frames bigger public works picture
Sources: Oldcastle Infrastructure, Atlanta; CP staff
The Oldcastle Inc. business unit that helped propel Dublin-based CRH Plc into a North American concrete, aggregates and cement powerhouse over the past four decades has a new name.
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