Cemex to unload Rinker pipe and precast business in $500M Quikrete deal

Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff

Cemex is on track to unload in early 2017 a major non-core U.S. asset: the Rinker Materials concrete pipe and precast business. Under a definitive agreement announced November 28, the producer will sell the entity to Atlanta-based Quikrete Holdings Inc. for about $500 million, plus an additional $40 million depending on future performance.

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Pipe pros converge for 2015 ACPA School, Rinker and Hanson tours

Sources: American Concrete Pipe Association (ACPA), Irving, Texas; CP staff

More than 300 concrete pipe professionals from across North America will gather March 3-6 in Orlando for the 2015 ACPA Pipe School, offering participants the opportunity to learn best practices in production, quality, sales and marketing, safety and engineering design, and visit Rinker and Hanson Pipe & Precast plants in Apopka and Winter Haven, Fla., respectively.

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