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Troesh Foundation to match up to $3M in RMC Foundation pledges

Source: Ready Mixed Concrete Research & Education Foundation, Silver Spring, Md.; CP staff

The Troesh Family Foundation, backed by founders of southern California’s Robertson’s Ready Mix, has pledged up to $3 million to the RMC Research & Education Foundation (RMC Foundation), matching on a 1:3 basis new commitments from the industry over the next five years.

Read more: Troesh Foundation to match up to $3M in RMC Foundation pledges

Turner: Skilled-labor premiums offsetting minor materials cost decreases

Sources: Turner Construction Co., New York

The First Quarter 2016 Turner Building Cost Index, a key measurement of the U.S. nonresidential market, has increased 1.15 percent from the prior quarter to a value of 970. “The shortage of skilled labor is outweighing the impact of declining material prices,” says Turner Construction Vice President Attilio Rivetti, who compiles the Cost Index. “As the volume of work remains relatively high, we expect subcontractors to continue to be strategic in pursuits, ultimately resulting in upward cost pressures.”

Read more: Turner: Skilled-labor premiums offsetting minor materials cost decreases

L.M. Scofield paves path to premium slabs for suitor Sika

Sources: Sika AG, Baar, Switzerland; CP staff

The Swiss parent of Sika Corp. has closed on a forerunner in value-added flatwork, billing Los Angeles-based L.M. Scofield Co. as “a 100-year-old, family-owned company long established as the number one brand of concrete color additives and decorative products in North America.”

Read more: L.M. Scofield paves path to premium slabs for suitor Sika