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Ash Grove shareholders clear path for CRH acquisition

Sources: Ash Grove Cement Co., Overland Park, Kan.; CRH Plc, Dublin; CP staff

Shareholders controlling just over 63 percent of Ash Grove Cement voting stock have approved a $3.5 billion merger agreement with Oldcastle Inc. parent company CRH. The deal is projected for a late-2017 or early-2018 closing and will position Atlanta-based Oldcastle Materials as the number five U.S. portland cement producer, with 8 million-plus tons’ annual capacity, while strengthening its role among the top five aggregates and ready mixed concrete operators.

Read more: Ash Grove shareholders clear path for CRH acquisition

ICPI, NCMA open Commercial Sales Course registration

Source: National Concrete Masonry Association, Herndon, Va.

NCMA and the Interlocking Concrete Pavement Institute will conduct their fifth Commercial Sales Course, December 11-13 at the Hyatt Place Chicago, near O’Hare International Airport. Three registration options—Days 1-3, Days 1&2 or 2&3—reflect content suitability for concrete paver or block professionals targeting the commercial market:

Read more: ICPI, NCMA open Commercial Sales Course registration

Insurance survey proves underwriters wise to wood-frame construction risks

Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff

A new NRMCA-commissioned study proves how builder’s risk (construction phase) and commercial property (occupancy phase) insurance rates, measured across a wide range of regions, trend lower for multifamily dwellings built of concrete versus wood.

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Feds’ Apprenticeship task force light on contractor representation

Sources: U.S. Department of Labor; Associated Builders & Contractors, Washington, D.C.; CP staff

Labor Secretary Alexander Acosta has appointed ABC President Mike Bellaman to the Task Force on Apprenticeship Expansion, stemming from an executive order President Donald Trump issued earlier this year with an eye to strengthening the U.S. labor force.

Read more: Feds’ Apprenticeship task force light on contractor representation

Plant disruptions, strong demand tax supply of Vinsol, key AE admixture component

Sources: Pinova Inc., Brunswick, Ga.; CP staff

A convergence of routine market and rare natural forces could compel concrete producers using Vinsol resin-based admixtures to convert their mix designs to ones bearing alternative products meeting ASTM C260, Standard Specification for Air-Entraining Admixtures for Concrete requirements. Between this fall and much of 2018, producers will likely confront tight supplies of Vinsol-type air-entraining admixtures as the resin's sole supplier addresses capacity and inventory challenges.

Read more: Plant disruptions, strong demand tax supply of Vinsol, key AE admixture component