U.S. Concrete

Service Properties Trust Elects Rajan Penkar to Board of Trustees

Retrieved on: 
Tuesday, June 13, 2023

Service Properties Trust (Nasdaq: SVC) today announced that it has elected Rajan Penkar to its Board as an Independent Trustee, effective immediately.

Key Points: 
  • Service Properties Trust (Nasdaq: SVC) today announced that it has elected Rajan Penkar to its Board as an Independent Trustee, effective immediately.
  • With the addition of Mr. Penkar, SVC’s Board now has eight Trustees, including six independent Trustees, two of whom are women, and two of whom are members of underrepresented communities.
  • From 2011 to 2014, Mr. Penkar served as senior vice president and president, supply chain, for Sears Holding Corporation, an integrated retailer.
  • With the addition of Raj, the SVC Board is comprised of 75% of independent trustees and 25% members of underrepresented communities.

MDU Resources Announces Anticipated Board of Directors for Knife River

Retrieved on: 
Friday, April 7, 2023

BISMARCK, N.D., April 7, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Knife River Holding Company, effective upon completion of the planned separation of MDU Resources' construction materials subsidiary into an independent, publicly traded company.

Key Points: 
  • BISMARCK, N.D., April 7, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Knife River Holding Company, effective upon completion of the planned separation of MDU Resources' construction materials subsidiary into an independent, publicly traded company.
  • These individuals are anticipated to move from MDU Resources' board of directors to Knife River's board:
    Karen B. Fagg, former vice president of DOWL HKM and former chair, CEO and majority owner of HKM Engineering Inc. Fagg is expected to chair Knife River's board.
  • "We are pleased to have the future board of directors identified for Knife River as we continue making progress toward the anticipated separation, which is expected to optimize value for shareholders," said Dennis W. Johnson, chair of the board of MDU Resources.
  • Additional information about Knife River's anticipated directors can be found on MDU Resources' website at www.mdu.com/about-us/knife-board and within the amended Form 10 registration statement for Knife River, which is available on the SEC website at www.sec.gov and on MDU Resources' website at https://investor.mdu.com/financials/sec-filings .

Giatec® Releases New Thermal Model Feature Bringing Customers the Next Level in Project Optimization and Cost Efficiency

Retrieved on: 
Wednesday, November 16, 2022

Concrete.

Key Points: 
  • Concrete.
  • "The Giatec team is excited to announce the release of the new Thermal Model feature, built with our customers in mind.
  • We also invite our Giatec 360 subscribers to provide their feedback for future feature development," says Pouria Ghods, CEO and co-founder of Giatec.
  • The Giatec 360 dashboard is the next level in data analytics, reporting, and user management capabilities for SmartRock sensors.

VULCAN MATERIALS TEAMSTERS CELEBRATE VICTORY IN ARIZONA, RATIFY STRONG AGREEMENT

Retrieved on: 
Monday, August 15, 2022

PHOENIX, Aug. 15, 2022 /PRNewswire/ -- Mining vehicle operators represented by Teamsters Local 104 unanimously voted to approve a new contract with Vulcan Materials following a two-year struggle to stop the nation's largest producer of construction aggregates from gutting their collective bargaining agreement.

Key Points: 
  • "The Teamsters are done accepting concessionary contracts driven by corporate greed," said Sean M. O'Brien, Teamsters General President.
  • "I commend the Vulcan Eight for taking a strong stand and demanding the wages, benefits, and job protections that they've earned.
  • The Teamsters represent roughly 700 Vulcan Materials workers nationwide, including several hundred workers at recently acquired U.S.
  • "Our determined Vulcan Materials members fought smart and refused to let this construction giant take advantage of them.

ARIZONA VULCAN MATERIALS TEAMSTERS VOTE TO AUTHORIZE STRIKE

Retrieved on: 
Wednesday, June 22, 2022

PHOENIX, June 22, 2022 /PRNewswire/ -- Mining vehicle operators represented by Teamsters Local 104 unanimously voted over the weekend to authorize a strike against Vulcan Materials, demanding the company stop violating federal labor law and bargain in good faith.

Key Points: 
  • PHOENIX, June 22, 2022 /PRNewswire/ -- Mining vehicle operators represented by Teamsters Local 104 unanimously voted over the weekend to authorize a strike against Vulcan Materials, demanding the company stop violating federal labor law and bargain in good faith.
  • In Arizona, Vulcan supplies many local governments with construction materials, includingMaricopa County,Pima County,Pinal County, theCity of Phoenix, and theCity of Tempe.
  • A potential strike or other labor action at Vulcan's Arizona facilities could affect the in-state operations of its partner companies, including CEMEX S.A.B.
  • The Teamsters represent roughly 700 Vulcan employees nationwide, including several hundred workers at recently acquired U.S.

Handle.com Raises $10M Series A to Power Payment Compliance for the Construction Industry

Retrieved on: 
Wednesday, March 23, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220323005917/en/
    Screenshot of Handle's deadline feature tab that ensures payment compliance on every construction project.
  • This growth, coupled with the pandemic, has put significant pressure on the construction industry, magnifying underlying cracks that have plagued businesses for decades.
  • One of the biggest bottlenecks affecting the construction industry today is slow, complex payment processes.
  • Even with adjustments in payment terms, there is still a reported sharp increase in DSOs, specifically in construction (Artradius 2021).

Giatec® Hosts 2nd Net Zero Construction Conference on Sustainable Construction This Week

Retrieved on: 
Tuesday, March 8, 2022

OTTAWA, Ontario, March 08, 2022 (GLOBE NEWSWIRE) -- Giatec Scientific Inc., world leader in concrete testing technologies, is pleased to announce the 2nd Annual Net Zero Construction Conference will be taking place on March 10, 2022.

Key Points: 
  • OTTAWA, Ontario, March 08, 2022 (GLOBE NEWSWIRE) -- Giatec Scientific Inc., world leader in concrete testing technologies, is pleased to announce the 2nd Annual Net Zero Construction Conference will be taking place on March 10, 2022.
  • Leaders like Kiewit, Procore, and PCA will join in a discussion about sustainable construction, concrete, and technology.
  • Topics to be covered include:
    Improving Performance of Concrete for Sustainable Infrastructure with Kiewit Engineering Group's Engineering Manager, Oscar Antommattei.
  • The Net Zero Construction Conference would like to thank US Concrete, Concrete Sustainability Council, and Sustainable Development Technology Canada (SDTC) for their sponsorship in making this event possible.

Soil Connect Collaborates with SeedInvest, Allowing Members to Invest in an Industry-Leading Digital Marketplace for Soil and Aggregates

Retrieved on: 
Wednesday, March 2, 2022

The opportunity to invest in Soil connect, the platform modernizing and streamlining how the industry trades, transports and transacts soil and aggregates, will start with a private sale to Soil Connects network before opening up to the public.

Key Points: 
  • The opportunity to invest in Soil connect, the platform modernizing and streamlining how the industry trades, transports and transacts soil and aggregates, will start with a private sale to Soil Connects network before opening up to the public.
  • Each product creates a digital and cohesive user experience allowing for seamless transactions, tracking, and sharing data.
  • Soil Connect is the first and only institutionally backed digital marketplace focused on the multi-billion-dollar soil and aggregates industry.
  • The marketplace was created to solve the high costs and inefficiencies associated with the transport and management of soil, aggregates and other materials.

Concrete-AI Raises $2 Million to Commercialize Data Science Platform that Reduces the Cost and Embodied Carbon Footprint of Concrete

Retrieved on: 
Thursday, January 13, 2022

Concrete.

Key Points: 
  • Concrete.
  • To reduce the embodied carbon footprint of concrete construction projects, we must use materials effectively and efficiently.
  • Concrete-AI is a data science company that delivers cost-savings and embodied carbon reductions in concrete production.
  • This reduces costs and embodied carbon footprint of concrete, while ensuring certainty of performance, compliance with existing codes and standards.

PGT Innovations appoints John Kunz as Chief Financial Officer

Retrieved on: 
Thursday, January 6, 2022

PGT Innovations , Inc. (NYSE: PGTI), a national leader in the premium window and door category, announced today the appointment of John E. Kunz as Senior Vice President and Chief Financial Officer, effective January 17, 2022.

Key Points: 
  • PGT Innovations , Inc. (NYSE: PGTI), a national leader in the premium window and door category, announced today the appointment of John E. Kunz as Senior Vice President and Chief Financial Officer, effective January 17, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220106005190/en/
    PGT Innovations appoints John Kunz as Chief Financial Officer (Photo: Business Wire)
    Kunz brings over 25 years of experience in accounting, treasury, international finance and business operations to PGT Innovations.
  • Most recently, Kunz served as the Senior Vice President and Chief Financial Officer at U.S.
  • I am delighted to join the PGT Innovations family at this stage in the Companys trajectory, said Kunz.