Precast concrete

WORKERS AT PRECAST SPECIALTIES JOIN TEAMSTERS

Retrieved on: 
Tuesday, March 19, 2024
Local, Quality control, Precast concrete, Joint, International Brotherhood of Teamsters

ABINGTON, Mass., March 19, 2024 /PRNewswire/ -- Workers at Precast Specialties, who manufacture precast concrete utility products for construction, have voted overwhelmingly to join Teamsters Local 653.

Key Points: 
  • ABINGTON, Mass., March 19, 2024 /PRNewswire/ -- Workers at Precast Specialties, who manufacture precast concrete utility products for construction, have voted overwhelmingly to join Teamsters Local 653.
  • "Teamsters Joint Council 10 and Teamsters Local 653 made sure issues facing workers at Precast Specialties were addressed and that the workers were ready to form their union," said Mike Clark, Secretary-Treasurer of Local 653.
  • "This year, we were not given our annual bonus and received no cost-of-living adjustments," said Ryan Kirkpatrick, a carpenter at Precast Specialties.
  • Teamsters Local 653 represents 2,700 of workers throughout Southeastern Massachusetts.

Increasing Momentum Evident in L.B. Foster’s Second Quarter Operating Results; Company Increases 2023 Profitability Guidance

Retrieved on: 
Tuesday, August 8, 2023
Momentum, Weakness, GAAP, Sale, Attack angle (rail technology), Government, Share repurchase, Precast concrete, EBITDA, Tie, Growth, Book, Video game, Cryptocurrency, Tourism, Pharmaceutical industry, Bank

2023 Adjusted EBITDA guidance range increased to $28 million to $32 million (previously $27 million to $31 million); net sales guidance range unchanged at $520 million to $550 million despite Ties sale.

Key Points: 
  • 2023 Adjusted EBITDA guidance range increased to $28 million to $32 million (previously $27 million to $31 million); net sales guidance range unchanged at $520 million to $550 million despite Ties sale.
  • Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the “Company”), today reported its 2023 second quarter operating results.
  • John Kasel, President and Chief Executive Officer, commented, “Our second quarter results reflect the continuing favorable impact of our strategic transformation.
  • Against this backdrop, we’re raising our profitability outlook for 2023 and maintaining our sales guidance despite the sale of the Ties business.

Global 3D Concrete Printing Market Research Report (2023-2030) - by Technique, Concrete Type, Product Type and Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 27, 2023
Technology, Robotics, Hardware, JPY, Investment, Commercial, R, GBP, Walls, Stairs, Research, USD, Certification, Printing, AUD, Strategic management, Pressure, High, COVID-19, CAD, CHF, Market share analysis, Research report, Residential area, Consumer, Social impact assessment, 3D printing, Cryptocurrency, Video game, Floor, Pathfinder, Infrastructure, Shotcrete, Precast concrete, EUR

The "Global 3D Concrete Printing Market by Technique (Extrusion-Based Technique, Powder-Based Technique), Concrete Type (High-density, Precast, Ready-mix), Product Type, Sector - Cumulative Impact of High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global 3D Concrete Printing Market by Technique (Extrusion-Based Technique, Powder-Based Technique), Concrete Type (High-density, Precast, Ready-mix), Product Type, Sector - Cumulative Impact of High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global 3D Concrete Printing Market.
  • What is the market share of the leading vendors in the Global 3D Concrete Printing Market?
  • What modes and strategic moves are considered suitable for entering the Global 3D Concrete Printing Market?

Global Precast Concrete Market Analysis Report 2022: Rising Global Population & Rapid Urbanization Drives the Demand for Precast Concrete - ResearchAndMarkets.com

Retrieved on: 
Monday, April 4, 2022
Construction & Property, Building Systems, Adoption, Six-column beam engine, Barrier, CAGR, Permeability, Growth, Precast concrete, Floor, Carbon, Compressive strength, Concrete, Efficiency, Tunnel, Pet, Cement

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

Key Points: 
  • The "Precast Concrete - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • In comparison to traditional building materials, precast concrete is considered to be more cost effective, practical and of better quality.
  • It is generally employed for structural units such as tunnels, pipes, beams, wall panels, staircases, floors, and columns.
  • The rising adoption of blended cement is also expected to drive gains in the market along with increasing interest in HPC (high performance concrete).

Sound Point Capital Provides Financing to Support the Acquisition of Lindsay Precast

Retrieved on: 
Thursday, November 18, 2021
Other Manufacturing, Steel, Finance, Engineering, Utilities, Professional Services, Manufacturing, Alternative Energy, Energy, Government, Insurance, Sounding Point, Acquisition, Company, NYSE, Transport, Partnership, Precast concrete, Foundation, Middleground, Federation, Investment, AUM, SC, Pension, CO, OWL, Tunnel, Financial services

Sound Point Capital Management (Sound Point) is pleased to announce that it acted as Administrative Agent on a first lien senior secured credit facility to Lindsay Precast (Lindsay or the Company), a premier North American concrete manufacturer specializing in precast concrete products.

Key Points: 
  • Sound Point Capital Management (Sound Point) is pleased to announce that it acted as Administrative Agent on a first lien senior secured credit facility to Lindsay Precast (Lindsay or the Company), a premier North American concrete manufacturer specializing in precast concrete products.
  • Funding provided by Sound Point was used to support MiddleGround Capitals (MiddleGround) acquisition of the Company.
  • Lauren Mulholland, MiddleGround Capitals Founding Partner commented: Throughout the process, Sound Point differentiated itself with its thoughtful diligence and certainty of execution.
  • About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.

MiddleGround Acquires Lindsay Precast, Its Third Infrastructure Acqusition

Retrieved on: 
Friday, November 5, 2021
Finance, Banking, Manufacturing, Other Manufacturing, Professional Services, Linda, AUM, Industry, Lindsay, Renewable energy, Government, Middleground, Ownership, Ageing, Transport, Investment, SC, Federation, Acquisition, Solution, CO, Precast concrete, Time, Public utility, Lindsay Precast, MiddleGround Capital, LINDSAY PRECAST, MIDDLEGROUND CAPITAL

Lindsay Precast is MiddleGrounds first platform investment in Fund II, which MiddleGround raised earlier this year with $800 million of committed capital.

Key Points: 
  • Lindsay Precast is MiddleGrounds first platform investment in Fund II, which MiddleGround raised earlier this year with $800 million of committed capital.
  • We believe that with the need for state, local and government spending the infrastructure sector is a great place to find select assets aligned with our investment thesis, said Scot Duncan, MiddleGround Founding Partner.
  • We are honored to continue the legacy that the Lindsay family began over 50 years ago, said Lauren Mulholland, MiddleGround Founding Partner.
  • We look forward to continued innovation with MiddleGrounds operational guidance, said Ron Lindsay, President of Lindsay Precast.

DGAP-News: Nemetschek Group: Strong business development in Q3 2021 with high growth momentum in subscription/SaaS models

Retrieved on: 
Thursday, October 28, 2021
Build, EBITDA, Global Media & Entertainment, Efficiency, Nemetschek, CFOO, ISIN, Precast concrete, History, Software as a service, Design, DDS, EUR, Income, Investment, Media, Depreciation, Growth, Construction, Federal Executive Boards, Solution, Tax, Board of directors, Bookkeeping, Food delivery, Film, Video game, Fine chemical

+16.4% EBITDA growth in Q3 to EUR 54.4 million, EBITDA margin increases to 32.1%

Key Points: 
  • +16.4% EBITDA growth in Q3 to EUR 54.4 million, EBITDA margin increases to 32.1%
    Munich, October 28, 2021 - The Nemetschek Group (ISIN DE 0006452907), one of the world's leading software providers for the construction industry, continued its strong business development and increased its revenues and earnings again in Q3 2021.
  • A growth driver was once again the revenue contribution from our subscription/SaaS models, which increased by 48.0% in Q3 (currency-adjusted: 48.1%) to EUR 34.5 million.
  • Recurring revenues, which include service contracts as well as subscription/SaaS models, increased by 17.8% (currency-adjusted: 17.8%) to EUR 106.5 million in Q3.
  • The high growth momentum as well as efficiency improvements led to an increase in the EBITDA margin to 32.1% (Q3 2020: 31.4%).

Lujabetoni and Betolar accelerate the global growth of low-carbon concrete

Retrieved on: 
Wednesday, September 29, 2021
Partnership, Climate, Efficiency, Solution, Building material, MD, GGBFS, CEO, Natural Resources, Mining, Construction, Technology, Intelligence, Research, R, Laboratory, Precast concrete, CEM, CO2, Industry, Database, Cement, Renewable energy, Recycling

Lujabetoni and Betolar have entered a partnership to improve the consolidation rate of low-carbon concrete manufactured from CEM III cement containing GGBFS blast furnace slag.

Key Points: 
  • Lujabetoni and Betolar have entered a partnership to improve the consolidation rate of low-carbon concrete manufactured from CEM III cement containing GGBFS blast furnace slag.
  • The aim of our cooperation with Betolar is to solve this challenge and make the solution globally available," says Mikko Isotalo, CEO of Lujabetoni.
  • Betolar, who specialise in construction materials technology, had developed the additive technology that enhances the early strength development of concrete.
  • The partnership with Lujabetoni is very significant for Betolar," says Matti Lppnen, CEO of Betolar.

Worldwide Precast Concrete Industry to 2028 - Supportive Government Initiatives Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 28, 2021
Construction & Property, Other Construction & Property, Construction, Concrete, Building materials, Architecture, Building engineering, Precast concrete, Reuse

With the growing need for cost-effective and safe material, the demand for precast concrete is rising.

Key Points: 
  • With the growing need for cost-effective and safe material, the demand for precast concrete is rising.
  • The growing adoption of green and modular construction material is expected to proliferate the demand for precast concrete products in the construction sector.
  • This scenario is propelling the demand for modular buildings, which is driving the growth of the precast concrete market.
  • Features key findings and crucial progressive industry trends in the global precast concrete market, thereby allowing players to develop effective long-term strategies.

Forterra Announces Acquisition of Barbour Concrete Company

Retrieved on: 
Thursday, July 1, 2021
Construction, Articles, Architecture, Concrete, Building engineering, Precast concrete, Reuse, Barbour, Stormwater, Forterra, Infrastructure

IRVING, Texas, July 01, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (Forterra or the Company) (Nasdaq: FRTA), a leading manufacturer of water and drainage infrastructure pipe and precast products in the United States and Eastern Canada, today announced that it has acquired the business of Barbour Concrete Company & Barbour Building Systems (Barbour), a manufacturer of precast concrete products used in drainage, stormwater, utility and other infrastructure applications.

Key Points: 
  • IRVING, Texas, July 01, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (Forterra or the Company) (Nasdaq: FRTA), a leading manufacturer of water and drainage infrastructure pipe and precast products in the United States and Eastern Canada, today announced that it has acquired the business of Barbour Concrete Company & Barbour Building Systems (Barbour), a manufacturer of precast concrete products used in drainage, stormwater, utility and other infrastructure applications.
  • Forterra expects to continue operating as Barbour Concrete & Barbour Building Systems for the foreseeable future and believes this acquisition will gain it access to new opportunities for growth in the strong and expanding Kansas City infrastructure and residential markets.
  • We expect Barbour will accelerate Forterras growth in the precast concrete markets and strengthen our position in the growing Kansas City region.
  • Headquartered in Independence, Missouri, Barbour manufacturers and offers precast concrete products used in storm, sanitary, utility and custom applications.