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PCA’s Sullivan maintains moderate cement shipment growth forecast

Sources: Portland Cement Association, Skokie, Ill.; CP staff

Weighing market data and conservative baseline estimates for infrastructure spending and tax reform, PCA Chief Economist Ed Sullivan projects U.S. cement shipments increasing at 3.5 percent rates for 2017 and 2018. “While fiscal stimulus will boost consumption, other economic indicators will temper growth,” he told attendees of the IEEE-IAS/PCA Cement Conference in Calgary. “Infrastructure policies also take time to implement, so you could be looking at 11 to 22 months before new projects truly get underway.”

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Wirtgen deal brings Deere into the thick of paving equipment market

Sources: Deere & Co., Moline, Ill.; CP staff

John Deere will significantly expand its construction equipment market stake with a $5.2 billion acquisition of Germany’s Wirtgen Group, projected to close later this year. Wirtgen encompasses namesake concrete paving equipment plus five other brands of milling, processing, mixing, paving, compaction and rehabilitation machines and tools deployed across road construction: Vögele, Hamm, Kleemann, Benninghoven and Ciber.

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ASTM C01, 09 schedule cement analysis, concrete petrography symposium

Source: ASTM International Symposium, West Conshohocken, Pa.; CP staff

Members of ASTM Committees C01 on Cement and C09 on Concrete and Concrete Aggregates invite preliminary abstracts of candidate papers for Symposium on Advances in Cement Analysis and Concrete Petrography, June 27, 2018, at the Sheraton San Diego Hotel & Marina, San Diego.

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HVAC specialist dedicates 4 million sq. ft. tilt-up structure

Sources: Daikin North America, Waller, Texas; CP staff

Officials of Daikin Industries and subsidiary Goodman Global Group, leaders in indoor heating and cooling systems and refrigerants, hosted a late-May dedication of the $400 million-plus Daikin Texas Technology Park (DTTP). Located on a 500-acre site northwest of Houston, the facility is the largest to date built by the tilt-up concrete wall method—its 370 panels measuring more than 2 miles in length.

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Aggregates USA set to become largest Vulcan acquisition since Florida Rock

Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff

Vulcan Materials has reached a definitive agreement with Mill Valley, Calif., investor SPO Partners to acquire Aggregates USA LLC for $900 million. The cash deal is the second nine-figure transaction this year involving rock production and distribution assets, following CRH/Oldcastle Materials’ planned takeover of Indiana-based Mulzer Crushed Stone, announced in March.

Read more: Aggregates USA set to become largest Vulcan acquisition since Florida Rock