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Oldcastle parent prevails in $7 billion Lafarge, Holcim asset pursuit

In an early-February U.S. Securities and Exchange Commission filing, CRH Plc confirmed a binding commitment to acquire certain assets Switzerland’s Holcim Ltd. and Paris-based Lafarge SA had bundled for sale, thereby advancing a merger the producers hope to consummate by mid-year. The commitment centers on a transaction with an enterprise value of about $7.4 billion, and encompasses Holcim Canada Inc. plus a host of overseas cement, concrete and aggregate businesses.

 

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Building sector fuels precast market's projected 6.4 percent annual growth

Led by architectural and structural building product demand, U.S. precast concrete shipments are on track to rise from $8.9 billion in 2013 to $12.15 billion in 2018. Time-saving and quality control advantages will enable precast to capture more market share from cast-in-place and steel alternatives over the next four years, according to a new study from Cleveland market researcher Freedonia Group.

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Lead forecaster: Infrastructure, housing, producer consolidation key to 2015

13-NS-FMI-150Construction- and engineering-geared management consultant FMI Corp. views increased infrastructure spending levels, continued housing activity growth and accelerated market consolidation as linchpins to a successful year. In its U.S. Markets Construction Overview 2015 report, the firm observes:

 

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Late-2014 figures track positively trending construction market

Analyzing federal government data on construction spending through November, Associated General Contractors of America confirms that overall 2014 project activity was set to modestly outpace 2013 totals. Figures released early last month coincide with association members’ push for action on a series of federal infrastructure programs, including funding for highway and transit upgrades, plus clean water initiatives.

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Test suits slabs set for floor coverings

A proposed ASTM International standard, WK47030, Practice for Evaluating Concrete Floor Systems to Receive Resilient Flooring, follows World Floor Covering Association and Floor Covering Installation Contractors Association endorsement of dryness testing and slab evaluation by third parties. Once approved, WK47030 can be specified in construction documents or contacts as a way to require such oversight.

Read more: Test suits slabs set for floor coverings