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ORGANIZATIONS - October 2016

The Precast/Prestressed Concrete Institute has appointed Diep Tu as Florida Prestressed Concrete Association (FPCA) executive director. A licensed professional engineer in Florida, he has served as Florida Concrete & Products Association director of Engineering for more than 15 years, responsible for promoting concrete in parking lots, streets and local roads. Prior to FC&PA, Tu was rigid pavement research engineer with the Florida Department of Transportation Materials Research Office, Gainesville.

Read more: ORGANIZATIONS - October 2016

PRODUCERS - October 2016

Oldcastle Inc. parent CRH plc has announced the year end retirement of Mark Towe from the board of directors, while continuing in his role as CRH Americas chairman. Towe joined the global concrete, aggregates and cement producer in 1997 and was appointed a director in 2008.

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GCC, Eagle Materials Texas and Ohio plant deals net Cemex $700M

As part of a U.S. portfolio streamlining aimed at debt reduction, Cemex S.A.B. de C.V. has reached an agreement to sell its Odessa, Texas, cement plant and two terminals, plus El Paso and Las Cruces, N.M., building materials businesses to Grupo Cementos de Chihuahua, S.A.B. de C.V. Absent from the $306 million deal are Cemex Colorado assets—Lyons mill, Florence terminal—included in an original transaction the producers outlined earlier this year. Subject to competition authority and shareholder approvals, the revised deal will be consummated through Cemex and GCC U.S. affiliates and is projected to close by year end.

Read more: GCC, Eagle Materials Texas and Ohio plant deals net Cemex $700M