Concrete

Renovation Brands Acquires Trueform Concrete and Blendhouse, Multiplying Their Collective Decorative Offering

Thursday, June 17, 2021 - 3:04pm

Renovation Brands is pleased to announce its seventh acquisitionTrueform Concrete and Blendhouse, both leaders in the high-end decorative concrete industry.

Key Points: 
  • Renovation Brands is pleased to announce its seventh acquisitionTrueform Concrete and Blendhouse, both leaders in the high-end decorative concrete industry.
  • We are very pleased to join Renovation Brands, said Dave and Nicole Grech, founders of Trueform Concrete and Blendhouse.
  • We are thrilled to welcome the talented artisans at Trueform Concrete and Blendhouse to Renovation Brands, said Marc Sieger, CEO of Renovation Brands.
  • I look forward to joining forces with Renovation Brands to grow the Trueform Concrete and Blendhouse businesses, said Andrew Lippman.

Global Concrete Block and Brick Manufacturing Report 2021 - ResearchAndMarkets.com

Friday, June 11, 2021 - 12:55pm

The "Concrete Block and Brick Manufacturing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Concrete Block and Brick Manufacturing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Concrete Blocks, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach 1 Trillion Units by the end of the analysis period.
  • The U.S. Market is Estimated at 522.6 Billion Units, While China is Forecast to Grow at 4.4% CAGR
    The Concrete Block and Brick Manufacturing market in the U.S. is estimated at 522.6 Billion Units in the year 2020.
  • In the global AAC Block segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment.

Breakthrough Concrete Artificial Intelligence Tool to Debut at ENR FutureTech Virtual Conference

Wednesday, June 9, 2021 - 11:00am

OTTAWA, Ontario, June 9, 2021 /PRNewswire/ --Giatec, the leader in concrete testing technology, is proud to debut the world's first concrete artificial intelligence (AI) tool for producers, SmartMix, at Engineering-News Record's FutureTech conference today.

Key Points: 
  • OTTAWA, Ontario, June 9, 2021 /PRNewswire/ --Giatec, the leader in concrete testing technology, is proud to debut the world's first concrete artificial intelligence (AI) tool for producers, SmartMix, at Engineering-News Record's FutureTech conference today.
  • SmartMix is the first web-based AI tool that allows producers to optimize concrete ingredient proportions, reduce cement usage, and predict the performance of their mixes while still meeting project specifications.
  • Giatec believes this tool will lower Greenhouse Gas emissions resulting from concrete production by 400 million tons annually, the equivalent of taking 110 million cars off the road.
  • SmartMix builds on Giatec's first AI software program Roxi, which has collected millions of data points from the company's award-winning SmartRock wireless concrete sensors across 8,000 projects and 80 countries.

Portland Cement Market Report 2021 - Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 - ResearchAndMarkets.com

Tuesday, June 8, 2021 - 10:18am

The "Portland Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Portland Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global portland cement market exhibited moderate growth during 2015-2020.
  • Looking forward, the market to grow at a CAGR of around 4% during 2021-2026.
  • Portland cement is a grey-colored binding and adhesive agent that serves as a key component in the construction industry.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of U.S. Concrete, Inc. Buyout

Monday, June 7, 2021 - 7:00pm

WILMINGTON, Del., June 07, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • WILMINGTON, Del., June 07, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • Under the terms of the agreement, U.S. Concretes shareholders will receive $74.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-us-concrete-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com .

Statement of Acting Bureau of Competition Director Maribeth Petrizzi Regarding Decision of Pennsylvania Cement Producers Lehigh Cement Company LLC and Keystone Cement Company to Abandon Their Proposed Merger

Friday, June 4, 2021 - 10:02pm

Following the parties decision to abandon their proposed merger, Acting Bureau of Competition Director Maribeth Petrizzi made this statement:

Key Points: 
  • Following the parties decision to abandon their proposed merger, Acting Bureau of Competition Director Maribeth Petrizzi made this statement:

    This is great news for cement customers in eastern Pennsylvania and western New Jersey.

  • The FTC voted 4-0 to challenge this transaction because it would have reduced the number of significant competitors in the market for gray portland cement in this region from four to three.
  • On May 20, 2021, the Commission announced that it voted to file an administrative complaint and authorize staff to seek a temporary restraining order and preliminary injunction in federal court to stop Lehigh Cement Company LLCs proposed $151 million acquisition of Keystone Cement Company.
  • The FTC alleged that the proposed acquisition would harm competition in the market for gray portland cement in eastern Pennsylvania and western New Jersey, reducing the number of significant competitors from four to three.

Statement of Acting Bureau of Competition Director Maribeth Petrizzi Regarding Decision of Pennsylvania Cement Producers Lehigh Cement Company LLC and Keystone Cement Company to Abandon Their Proposed Merger

Friday, June 4, 2021 - 10:01pm

Following the parties decision to abandon their proposed merger, Acting Bureau of Competition Director Maribeth Petrizzi made this statement:

Key Points: 
  • Following the parties decision to abandon their proposed merger, Acting Bureau of Competition Director Maribeth Petrizzi made this statement:

    This is great news for cement customers in eastern Pennsylvania and western New Jersey.

  • The FTC voted 4-0 to challenge this transaction because it would have reduced the number of significant competitors in the market for gray portland cement in this region from four to three.
  • On May 20, 2021, the Commission announced that it voted to file an administrative complaint and authorize staff to seek a temporary restraining order and preliminary injunction in federal court to stop Lehigh Cement Company LLCs proposed $151 million acquisition of Keystone Cement Company.
  • The FTC alleged that the proposed acquisition would harm competition in the market for gray portland cement in eastern Pennsylvania and western New Jersey, reducing the number of significant competitors from four to three.

Sustainable Construction to Have Strong Impact on Cement and Concrete Product Manufacturing Businesses | Discover Company Insights on BizVibe

Friday, June 4, 2021 - 7:30pm

Cement manufacturing and concrete production are significant sources of pollution.

Key Points: 
  • Cement manufacturing and concrete production are significant sources of pollution.
  • Therefore, as infrastructure investments and environmental awareness increase, sustainable methods of cement and concrete production are gaining ground.
  • This trend is expected to have a strong influence on cement and concrete product manufacturing companies, especially in North America, Europe, and Asia-Pacific.
  • The cement and concrete product manufacturing industry group features 3,000+ company profiles categorized into 30+ product and service categories.

New Enterprise Stone & Lime Co., Inc. Announces Fiscal 2021 Fourth Quarter and Full Year Earnings Conference Call

Wednesday, June 2, 2021 - 8:22pm

New Enterprise Stone & Lime Co., Inc. (the Company), a leading privately held, vertically integrated construction materials supplier and heavy/highway construction contractor, announced today that the Company will conduct a conference call on Friday, June 11, 2021 at 9:00 am ET to review its fiscal 2021 fourth quarter and full year financial results.

Key Points: 
  • New Enterprise Stone & Lime Co., Inc. (the Company), a leading privately held, vertically integrated construction materials supplier and heavy/highway construction contractor, announced today that the Company will conduct a conference call on Friday, June 11, 2021 at 9:00 am ET to review its fiscal 2021 fourth quarter and full year financial results.
  • For those who wish to join the conference call please contact Joe Hassett ( joeh@gregoryfca.com ) at least one day prior to the call to receive dial-in details or webcast information.
  • About New Enterprise Stone & Lime Co., Inc.
    New Enterprise Stone & Lime Co., Inc. is a leading privately held, vertically integrated construction materials supplier and heavy/highway construction contractor in Pennsylvania and western New York.
  • Our core businesses include: (i) construction materials (aggregate production (crushed stone, sand and gravel), hot mix asphalt production and ready mixed concrete production) and (ii) heavy/highway construction (heavy construction, HMA paving and other site preparation services).

Lithko Contracting, LLC Announces Asset Acquisition of Full-Tilt Constructors

Wednesday, June 2, 2021 - 3:29pm

Lithko Contracting, LLC (Lithko), a leading national concrete contractor, along with their equity partners The Pritzker Organization and DNS Capital, announced today that on June 1, 2021 they acquired assets of Full-Tilt Constructors, Inc. (Full-Tilt).

Key Points: 
  • Lithko Contracting, LLC (Lithko), a leading national concrete contractor, along with their equity partners The Pritzker Organization and DNS Capital, announced today that on June 1, 2021 they acquired assets of Full-Tilt Constructors, Inc. (Full-Tilt).
  • The company provides services in construction planning, designing, and building as well as tilt-up panels, specialty concrete flooring projects, and more.
  • Full-Tilts principal owners, Richard W. Proctor and Scott M. Roberts, expressed their excitement to strengthen the business by partnering with Lithko.
  • Rob Strobel, Lithko President, said, We are glad to join forces with Full-Tilt to support the companys growth trajectory, coworkers, and customers.