Oldcastle Infrastructure builds on a charter platform via Valley Precast

Sources: Oldcastle Infrastructure, Atlanta; CP staff

Oldcastle Infrastructure has acquired Caldwell, Idaho-based Valley Precast Inc., which produces underground concrete structures for environmental and energy applications. The deal positions Oldcastle Infrastructure, Nampa—located in close proximity to Valley Precast and the capital city of Boise—as Idaho water management market leader, while expanding its energy products stake and marking the producer’s on-site wastewater segment entry. 

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Water, wastewater system report tracks private operator emergence

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In the wake of tightening municipal budgets, environmental violations, and aging infrastructure, private players are poised to capitalize on struggling water and wastewater utilities. A new Bluefield Research report, U.S. Municipal Water & Wastewater: Defining the Addressable Market for Private Investment, estimates the total market value of 78,000-plus community water and wastewater systems across the U.S. to exceed $700 billion.

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Law seeds up to $1 billion in EPA-guided water, wastewater infrastructure loans

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The U.S. Environmental Protection Agency has announced the availability of up to $1 billion under the new Water Infrastructure Finance and Innovation Act (WIFIA) program, aimed at providing credit-worthy water supply and wastewater projects long-term, low-cost assistance through direct loans and loan guarantees.

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Study projects moderate growth for precast in water, wastewater markets

Sources: Freedonia Group, Cleveland; CP staff

Demand for precast concrete water, wastewater and waste-handling products—septic tanks, manholes, supply and conveyance components, grease interceptors, hazardous material containers, among them—is projected to rise 5.1 percent per year to $1.2 billion in 2020, a new Freedonia Group report finds.

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Fast-moving Forterra steps up pace for initial public offering approaching $400M

Sources: CP staff; Forterra Inc., Irving, Texas

Water and wastewater infrastructure-geared Forterra Inc., a recently established entity emanating from Forterra Building Products, details in U.S. Securities & Exchange Commission filings an initial public offering of 18.4 million shares priced in the $19-$21 range. Success in the impending sale would give new investors and principal owner Forterra US Holdings LLC, respectively, 29 percent and 71 percent stakes in a 96-plant operation with annual sales of about $1.6 billion across Drainage Pipe & Precast Products and Water Transmission Pipe & Products segments.

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Onsite wastewater treatment spurs opportunities for precasters

Onsite wastewater treatment spurs opportunities for precasters

Cast across North America by local precasters, and integrated into standard size septic tanks, Premier Tech Aqua’s Ecoflo Coco Biofilter is widely recognized as an ecological and durable compact filter for onsite wastewater treatment systems. By combining their concrete fabrication expertise with Ecoflo developer Premier Tech, precast producers have gained a stronger foothold in the residential market by giving a new purpose to their existing tanks. Compact, easy-to-install and lift, the filter’s modular design can also be scaled to fit most types of commercial applications.

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EPA sees wastewater infrastructure investment needs north of $50 billion/year

Sources: U.S. Environmental Protection Agency; CP staff

A survey of current or target projects Environmental Protection Agency conducted with states and territories finds that $271 billion is needed over the next five years to maintain and improve the nation’s wastewater infrastructure. Investment areas include the pipes that carry wastewater to treatment plants, water treatment technology, and stormwater runoff management.

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NPCA PROJECTS 6 PERCENT SHIPMENT GROWTH AS PUBLIC WORKS MARKET INCHES BACK

Based on data from its recently released Precast Industry Benchmarking Report and leading forecasters, National Precast Concrete Association sees U.S. producers’ business increasing this year to $16.8 billion from $15.9 billion in 2013, the 6 percent gain modest against higher overall construction growth in 2014.

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NPCA projects 6 percent growth in 2014 precast shipments

Source: National Precast Concrete Association, Carmel, Ind.

Based on data from its recently released Precast Industry Benchmarking Report and leading forecasters, NPCA projects U.S. producers’ shipments increasing this year to $16.8 billion from $15.9 billion in 2013, the 6 percent gain modest against higher overall construction growth in 2014.

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