Apr 28, 2008
Jamaican deal expands Lafarge's North American presence
Lafarge has signed an agreement with Jamaica Pre-Mix Ltd. to create a new joint venture based in Kingston, Jamaica.
The joint venture, to be named Jamaica Aggregates Limited, will be owned and operated by Lafarge and by Jamaica Pre-Mix. Under the terms of the agreement, Jamaica Pre-Mix will contribute its aggregate operations to the venture and Lafarge will make a contribution towards development and operations. The joint venture will operate four quarries and employ 60 to 70 staff members who currently work at Jamaica Pre-Mix.
This strategic alliance is part of Lafarge's latest efforts in North America to maintain and expand its infrastructure to offer increased value and service to meet growing customer needs.
www.lafarge-na.com
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Apr 22, 2008
Multiquip president announces retirement
Multiquip Inc. president Roger Euliss today announced his intentions to retire from Multiquip at the end of 2008.
“After almost 28 years, it is time for others to take the helm," said Euliss in a meeting today with the MQ management team (as quoted in a Multiquip news release). “We have an excellent team in place, so the continued growth and success of the company are assured. I feel very proud and confident of the company and the team that I have been a part of for so many years. It is now time for me to spend more time at my North Carolina home and with my wife and family, all who are located in the eastern half of the country.”
The new MQ organization will be headed by Mike Howlett, who will become president of the MQ General Construction Equipment Group. He will report to Tom Yasuda, chairman and chief executive officer. The balance of the core management organization will remain largely unchanged.
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Apr 15, 2008
W.R. Grace acquires green concrete admixture company
W.R. Grace & Co. has announced the completion of a strategic investment in CERATECH Inc., a Maryland-based firm that has developed green, sustainable concrete admixture technologies for formulating high-strength, fast-setting concrete primarily using fly ash, a waste stream product from coal-fired power plants.
CERATECH technology enables the production of environmentally friendly, high performance concrete. Under terms of the investment, Grace also has exclusive rights to market CERATECH products and technology in the manufactured concrete market.
Grace currently manufactures a wide range of products for commercial and residential construction markets, including concrete admixtures and cement additives.
CERATECH's green, sustainable concrete admixture technology was first commercialized in 2001 in an effort to utilize waste-stream fly ash to make high-performance concrete repair materials.
Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries.
CERATECH, Inc. is a worldwide manufacturer and supplier of engineered, high performance cements for construction, transportation and manufactured concrete industries. It was founded in 2001.
www.grace.com
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Apr 09, 2008
RPM International acquires UK-Based Flowcrete Group, expands global resin flooring presence
RPM International Inc. has announced its acquisition of Flowcrete Group, a leading global manufacturer and marketer of resin flooring systems for industrial and commercial applications.
Flowcrete, established in 1982 and headquartered near Manchester, England, has sales of about $85 million. Terms were not disclosed.
Flowcrete’s wide range of decorative and high-performance flooring systems are sold to applicators, contractors and end users under the Flowcrete, Flowfresh, Isocrete, Deckshield and Mondeco brands. These flooring systems are predominately used in manufacturing plants, stadiums, schools, hospitals, parking decks and other industrial or commercial environments that require lasting, decorative seamless systems.
Flowcrete has expanded aggressively in international markets, especially Europe and Asia, and represents an opportunity for further penetration into the growing global resin and seamless floor market. Flowcrete will remain a stand-alone business under its current management team led by managing director, Mark Greaves, who will report to RPM’s group operating president, Dave Reif.
RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants serving both industrial and consumer markets. RPM’s industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco, and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.
www.rpminc.com
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Mar 21, 2008
Increte Systems sold to conglomerate
RPM International Inc. has announced that its wholly owned subsidiary, The Euclid Chemical Co. of Cleveland, Ohio, has acquired Increte Systems of Odessa, Fla.
With sales of approximately $15 million, Increte is the nation's leading manufacturer of decorative concrete systems that economically recreate the look of natural stone, wood, tile, brick and pavers using concrete. Terms of the acquisition were not disclosed.
RPM's president and chief executive officer, Frank C. Sullivan, stated in a news release: “We are very excited to have acquired Increte's comprehensive decorative product line, along with its all-inclusive manufacturing processes and training capabilities. Increte has been exceedingly successful in establishing a leadership position in the decorative concrete industry. This acquisition provides the springboard to propel Euclid Chemical forward in this growing market segment.”
The existing Increte management team will remain in place, and the company will operate as a stand-alone business unit of Euclid Chemical, reporting to Moorman Scott, Euclid Chemical's executive vice president.
RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants.
(330) 273-5090
www.rpminc.com
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Mar 04, 2008
Bosch introduces new dust-collection products for grinders
Three new families of grinder attachments from Bosch Power Tools and Accessories aim to help angle-grinder users control silica dust.
Compatible with all Bosch One Touch Guard System 4-1/2-inch to 7-inch angle grinders, the new attachments install tool-free when used in both cutoff and surfacing applications.
Bosch’s SG-Series attachments are designed for concrete surfacing applications where aggressive dust removal is a must. Optimized for use with Bosch’s AirSweep vacuum system, the SG-Series attachments keep concrete dust out of the air and off of the work surface. A removable nose-piece enables up-to-wall surfacing, while a replaceable brush ring maximizes the attachment’s lifespan in grueling environments. The SG-Series attachments are ideal for concrete restoration work and other surfacing applications.
For efficient dust removal and collection in masonry cutting applications, Bosch’s DC-Series attachments keep work sites dust-free without sacrificing performance. Featuring a large, stable footplate and fast single-screw depth adjustment, the DC-Series attachments allow for a full depth of cut and outstanding line-of-sight in precision concrete cutting applications. Like the SG-Series attachments, the DC-Series attachments are also optimized for use with Bosch’s AirSweep system.
Both the SG-Series and DC-Series attachments are designed in accordance with anticipated OSHA standards regarding the reduction of crystalline silica.
Bosch’s CG-Series Cutoff guards are ideal for applications where safety is the primary concern, such as in exterior concrete cutting, grinding and metal cutoff applications. With a unique wrap-around profile designed to protect users from flying debris, the CG-Series guards also boast outstanding visibility and ease of use.
www.boschtools.com
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Feb 26, 2008
Sika acquires Valspar polymer flooring business
Sika AG has announced that its United States subsidiary, Sika Corp., has acquired the commercial and industrial polymer flooring business of The Valspar Corp.
Already a market leader in construction chemicals, including adhesives and sealants, concrete admixtures, and repair and strengthening products, Sika expects that this acquisition will further strengthen its North American position in the polymer flooring market. The parties have agreed not to disclose the sale price.
The Valspar polymer flooring business, with its portfolio of epoxy and polyurethane technology products, fits Sika’s focused growth strategy for North America.
The acquisition also creates for Sika one of the most comprehensive range of epoxy, polyurethane, and other key polymer flooring products and technologies in the industry.
www.sikacorp.com
www.sikaconstruction.com
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