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Cemex Research Group weighs down energy storage venture

Sources: Energy Vault, Lugano, Switzerland; CP staff

Crane-suspended concrete segments, placed in a multi-layered, circular pattern recalling an agricultural stave silo, propel commercial stage technology announced at Energy Storage North America in Pasadena, Calif. The technology is based on what developer Energy Vault describes as the principles that underpin traditional gravity-based pumped hydro plants, combining “conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform.”

Read more: Cemex Research Group weighs down energy storage venture

Road Builders chief frames user fee case in wake of California gas tax vote

Sources: American Road & Transportation Builders Association (ARTBA), Washington, D.C.; CP staff

Negative election day response to a proposed roll back of a 2017 California Senate measure increasing state gasoline taxes by 12 cents/gallon elicited a strong defense of user fee-based funding models from ARTBA Acting President & CEO William Toohey, Jr.: “By soundly rejecting Proposition 6 and re-electing 95 percent of the state legislators who voted in 2017 to increase the state gas tax to fund needed transportation improvements, California voters showed the public continues to support a user funded approach to infrastructure investment. That’s a message the Trump administration and new Congress should heed as they consider a bipartisan infrastructure package and permanent revenue solution for Highway Trust Fund programs next year.”

Read more: Road Builders chief frames user fee case in wake of California gas tax vote

Fibermesh sharpens Sika synthetic fiber focus

Sources: Sika AG, Baar, Switzerland, Sika Corp., Lyndhurst, N.J.; CP staff

Sika has acquired the global Concrete Fibers business of Chattanooga, Tenn.-based Propex Holding LLC, ushering its well-established Fibermesh brand and technical expertise into a growing concrete additives portfolio. The deal includes a 130,000-sq.-ft. production facility offering the Sika Region Americas business additional micro and macro synthetic fiber capacity. 

Read more: Fibermesh sharpens Sika synthetic fiber focus

NRMCA chief Garbini maps Q1 2019 retirement

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

NRMCA President Robert Garbini, P.E. will retire at the close of the association’s annual convention, March 5-7 in Tampa, capping a 27-year career with the group and more than two decades at its helm. He announced his plan indicating confidence that staff and member leadership will continue to achieve goals for advancing concrete’s interests in the building sector, local paving market and advocacy arena, while increasing workforce professionalism and product quality through research and education.

Read more: NRMCA chief Garbini maps Q1 2019 retirement

Commercial Metals completes $600M Gerdau rebar shop, mill deal

Sources: Commercial Metals Co., Dallas; CP staff

Commercial Metals has solidified its stake in concrete reinforcing products by acquiring 33 U.S. rebar fabrication facilities, plus California, Florida, New Jersey and Tennessee steel mills from Gerdau S.A. The $600 million transaction represents what CMC Chairman and CEO Barbara Smith calls “an important step in our strategy to be the leading concrete reinforcing specialist as well as a significant provider of merchant and wire rod products. With our expanded geographic footprint and added operational flexibility, this transaction supports our vertically integrated steel making model and will leverage our existing rebar manufacturing technology and customer service competencies."

Read more: Commercial Metals completes $600M Gerdau rebar shop, mill deal