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Alex Car has officially assumed president and chief executive officer posts at Essroc Cement Corp., Nazareth, Pa., responsible for operations in the U.S., Canada and Puerto Rico. Predecessor Francesco Carantani is transitioning to new duties within parent company, Italcementi Group, Bergamo, Italy.

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Post-tax savings accompany Terex ‘inversion’ in Konecranes merger

30 Terex 150Eyeing global scale and near-term earnings synergy upward of $120 million, Westport, Conn.-based Terex Corp. and Konecranes Plc of Helsinki plan an all-stock “merger of equals,” creating a company whose 2014 revenues totaled about $10 billion. Terex and Konecranes shareholders will own approximately 60 percent and 40 percent of the combined business, respectively, which will operate as Konecranes Terex Plc, with headquarters in Finland and major corporate functions in Connecticut.


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THiN-Wall attains two-hour fire rating

29 THiN 150A patented composite insulated concrete wall panel system produced at 23 licensed U.S. and Canadian plants has obtained a two-hour fire resistance rating according to ASTM E119 – 11A, Standard Test Methods for Fire Tests of Building Construction and Materials.

Read more: THiN-Wall attains two-hour fire rating