Sources: Oldcastle Infrastructure, Atlanta; CP staff Oldcastle Infrastructure, a CRH company, has acquired Rinker Pipe reinforced concrete drainage structures in Houston, Dallas/Fort Worth and San Antonio from Quikrete Cos. An agreement behind the transaction was announced in February as Quikrete moved to consummate its takeover of Forterra Inc., Texas concrete pipe and box culvert market leader. The deal continues Oldcastle…
Read MoreTag: Quikrete
Forterra, Quikrete outline $200M in asset deals with CP&P, Foley
Sources: Forterra Inc., Irving, Texas; CP staff In December U.S. Securities and Exchange Commission filings, concrete pipe leader Forterra reports Purchase Agreements with Virginia’s Eagle Corp. and Georgia’s Foley Products Company Inc., both anticipating U.S. Department of Justice Antitrust Division-stipulated asset divestitures leading to approval of a merger with Atlanta-based Quikrete Holdings Inc. A $2.3 billion merger plan was announced…
Read MoreBest Block 8 x 32 CMU weighs on the Construction Robotics MULE
Sources: Quikrete Cos. and Best Block, Atlanta; Construction Robotics, Victor, NY; CP staff Masonry Madness at World of Concrete 2021 offered a prime venue to show the speed and productivity of building with Best Block 32-in. Large Format Masonry (LFM) and the Construction Robotics Material Unit Lift Enhancer, best known as the MULE. A two-day equipment demonstration was set up…
Read MoreForterra Board approves Quikrete takeover offer
Sources: Forterra Inc., Irving, Texas; Quikrete Holdings Inc., Atlanta; CP staff Principals project a fourth quarter closing on a $2.75 billion deal in which Quikrete Holdings will acquire all outstanding Forterra shares and debt. The cash transaction has the potential to bring under one roof the top two players in manufactured concrete drainage structures— integrating assets that have evolved from…
Read MoreQuikrete continues expansion into 3D printing with housing demos
On the heels of a cooperative research and development agreement with the U.S. Department of Energy’s Oak Ridge National Laboratory to design next-generation concrete mixes ideal for printable construction of large-scale structures or components, Atlanta-based Quikrete Companies is branching out further into the 3D-printing process with its latest partnership.
Read MoreKeystone Hardscapes integrates Mid-Atlantic mainstay CST
Sources: Quikrete Cos., Atlanta; CP staff
Keystone Hardscapes is embracing the outdoor space needs of Mid-Atlantic homeowners, contractors, developers, architects, designers and landscape material distributors by bringing New Jersey-based CST under its umbrella. Recognized for high-quality pavers, segmental retaining wall units and related products, CST gains award-winning design innovation, a deeper offering and robust marketing expertise as part of Keystone Hardscapes.
Read MoreQuikrete extends 3D printing reach in housing unit demonstration
Source: Quikrete Companies, Atlanta
Quikrete and California-based Contour Crafting Corp. have entered into a collaboration to develop proprietary concrete used in the automated construction of residential, commercial, industrial and government structures using the latter’s technology. Following comprehensive testing at an independent accredited lab at the University of Southern California to confirm ICC-ES AC509 compliance—a building code spearheaded by CC Corp.—the 3D printing process will be used to construct four low-income housing units as part of a demonstration project sponsored by the Los Angeles County Development Authority.
Read MoreQuikrete, Oak Ridge Lab team on 3D-printed concrete R&D
Sources; Quikrete Companies, Atlanta; CP staff
Quikrete and the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory, Tennessee, have entered a cooperative research and development agreement to design next-generation concrete for production of large-scale structures or elements through a 3D printing process. Using an Oak Ridge-developed additive manufacturing system, the two-phase, two-year collaboration will target specially-formulated mixes spawning new construction capabilities.
Read MorePRODUCERS – MARCH 2019
Karen Biondolillo has been named chief financial officer for the High companies, a diverse group of family-owned businesses, including High Concrete Group, and one of central Pennsylvania’s largest employers. She is responsible for corporate finance, accounting, tax and information technology departments; joins an executive committee providing strategic leadership to the business; and, succeeds Mike Van Belle, who has been CFO since 2005 and recently announced his retirement.
Read MoreBoral block business brings Quikrete Texas heft
Sources: Boral Ltd., Sydney; CP staff
Boral has announced an agreement to sell its Texas concrete masonry operations to Atlanta-based Quikrete Holdings Inc., anticipating a mid-November closing for the $156 million deal. Boral inherited the block production assets with the May 2017 Headwaters Inc. takeover, and has recently moved to streamline its portfolio around building products and fly ash businesses in North America; the USG Boral gypsum-based wall and ceilings joint venture; and, construction materials production in Australia.
Read More