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Argos’ art of the nine-figure deal

By Don Marsh

Colombia-based Argos S.A. demonstrates in its latest investment the credit facilities and drive to build multiple U.S. cement and concrete platforms, perhaps competing for acquisitions with expansion-minded peers on the order of Oldcastle Materials and Summit Materials.

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Incident reduction secondary in rewrite of OSHA reporting, anti-retaliation rules

By Don Marsh

An Associated Builders & Contractors-led lawsuit filed last month adds perspective to the curious Occupational Safety and Health Administration case noted here in April, where United States Steel Corp. found itself on the defensive for a zero tolerance policy on delayed workplace injury reporting. The ABC action spotlights anti-retaliation measures the agency applied to the Pittsburgh-based steelmaker.

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Carbon wise, cement naive

Portland Cement Association’s European counterpart adds valuable perspective to a cement production and climate change dialog, responding to critics of member companies’ European Union Emissions Trading Scheme (EU ETS) participation.

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Crony capitalism the greenest aspect of tall wood building proponents’ agenda

Competitive Enterprise Institute Fellow Bill Frezza classifies capitalists by tactics and wealth sources: Crony Capitalists obtain riches through government favors, exhibit “willingness to use the coercive powers of government to gain an advantage they could not earn in the market,” and are “happy to help themselves to money from the public treasury [through] subsidies that flow directly into their coffers.” By contrast, Market Capitalists satisfy “willing customers through free exchange,” risk “their own money to earn their own rewards,” and “meet their rival[s] in open competition, may the best products win.”

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