Sources: GCP Applied Technologies Inc., Cambridge, Mass.; CP staff
A binding, $1 billion offer from Germany’s Henkel AG & Co. for GCP Applied Technologies’ Darex Packaging business positions the seller to pursue growth opportunities in concrete admixtures and other construction or building materials. “The transaction will allow us to enhance our focus and provide a strong balance sheet for internal investment and bolt-on acquisitions necessary to provide new products, technologies, and solutions that offer layers-of-value for our customers,” says GCP CEO Gregory Poling.
Sources: Association of Equipment Manufacturers, Milwaukee; CP Staff
ConExpo-Con/Agg 2017 and co-located IFPE exhibition kick off March 7 at the Las Vegas Convention Center, running through March 11. The shows will offer a record 143 education sessions across 10 tracks, including Concrete, Transportation and the new Technology.
Sources: National Concrete Masonry Association, Herndon, Va.; CP staff
The 2017 BIM-M Symposium will be May 4-5 at the District Council Training Headquarters in Addison, Ill., located approximately 30 minutes west of Chicago’s O’Hare International Airport.
Sources: Office of California Assembly member Rob Bonta, Sacramento; CP staff
Billed as the first measure of its kind in the U.S., the Buy Clean California Act would require Golden State agencies to evaluate the greenhouse gas emissions of cement, steel, asphalt and other products specified for infrastructure work.
Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff
Responding to the fire related deaths of nine residents in January, Maryland Senate Committee on Education, Health, and Environmental Affairs Chairwoman Joan Carter Conway (Baltimore City) has introduced a bill covering low- to mid-rise residential developments throughout the state: SB 722, Public Safety – Light Frame Combustible Construction – Requirements.