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ICF specs net mid-rise apartment developer HUD-reduced mortgage terms

Sources: Walker & Dunlop Inc., Bethesda, Md.; TF Forming Systems, Green Bay, Wis.; CP staff

Bedford Development has started the six-story Manseau Flats apartment project in Ashwaubenon, Wis., on the strength of insulating concrete walls and a mortgage package economized by a U.S. Department of Housing & Urban Development program rewarding energy efficient multi-family dwelling design.

Read more: ICF specs net mid-rise apartment developer HUD-reduced mortgage terms

ACI broadens standards reach, concrete knowledge from the ICC to Gulf of Tonkin

Sources: American Concrete Institute, Farmington Hills, Mich.; CP staff

An expanded ACI scope reflecting a proactive approach to global standards advocacy is embodied in a revised mission statement: “ACI develops, disseminates, and advances the adoption of consensus-based knowledge on concrete and its uses.”

Read more: ACI broadens standards reach, concrete knowledge from the ICC to Gulf of Tonkin

Sequatchie Concrete acquires eastern Tennessee neighbor, Cleveland RM

Sources: Squatchie Concrete Service Inc., South Pittsburg, Tenn.; CP staff

Sequatchie Concrete Service will add two plants in a deal for Cleveland Ready Mix, which served contractors in five eastern Tennessee counties for 50-plus years under late owner Claude Simpson.

Read more: Sequatchie Concrete acquires eastern Tennessee neighbor, Cleveland RM

Kenworth Truck, Con-Tech Mfg. add to CIM Auction fleet

Sources: CIM National Steering Committee, Murfreesboro, Tenn.; CP staff

Kenworth Truck and Con-Tech Manufacturing will deliver the second of two anchor items up for bid in the 2018 Concrete Industry Management Auction, January 24 in Las Vegas: An 11-yd. BridgeKing mounted on a T880S model. Kenworth Truck Assistant General Manager for Sales and Marketing Kevin Baney calls the donation from his company, plus Kenworth of Central Florida, Con-Tech and other valued supplier partners, “an excellent way to support CIM’s very important program designed to develop the concrete industry’s leaders of the future.”

Read more: Kenworth Truck, Con-Tech Mfg. add to CIM Auction fleet

Home exterior cost survey finds brick besting veneer stone, fiber cement

Sources: Brick Industry Association (BIA), Reston, Va.; CP staff

An updated BIA study involving seven common home exterior products shows that fired-clay brick costs about half as much as manufactured stone, and just a third more than fiber cement before considering lifetime maintenance costs. Developed by RSMeans, it compares the installed cost of total house construction for brick veneer over wood framing with the cost of adhered manufactured stone, stucco, wood shingle, plus vinyl, fiber cement or horizontal wood siding alternatives.

Read more: Home exterior cost survey finds brick besting veneer stone, fiber cement