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Sika AG prevails in protracted shareholder challenge

Sources: Sika AG, Baar, Switzerland; CP staff

The Swiss parent of Sika Corp. has settled a three-and-half-year legal dispute with glass and building materials giant Saint-Gobain of France through transactions involving founding family members’ shares, plus proposed board measures altering governance and share classes. 

Read more: Sika AG prevails in protracted shareholder challenge

Brennan rises across Front Range market with Boral plant deal

Sources: Boral Ltd., Sydney; Brennan Companies, Denver; CP staff

Boral Ltd. has reached an agreement to sell its Colorado ready mixed and aggregates operations in a $127 million deal with Denver-based Brannan Sand & Gravel Co. Boral Construction Materials spans a namesake Aggregates site plus six plants under the legacy Ready Mixed Concrete Co. brand. Brannan operates three ready mixed, three aggregate and four asphalt plants serving the Denver-anchored Front Range market, plus an underground-construction business. 

Read more: Brennan rises across Front Range market with Boral plant deal

New Command Alkon branding conveys ‘amazing’ message

Sources: Command Alkon, Birmingham, Ala.; CP staff

A reimagined brand, story and logo establish a new identity for Command Alkon and include a mantra, “Together We Build Amazing,” capturing the essence of “the why” for people across heavy building materials production. The move celebrates what management notes is “the commitment from contractors, concrete producers, raw material suppliers and haulers to drive digital transformation—marking a meaningful moment for the industry, the company, and the people who collectively build our world.”

Read more: New Command Alkon branding conveys ‘amazing’ message

Lawmakers’ water infrastructure proposal runs deep

Sources: U.S. Senate Committee on Environment and Public Works; CP staff

Senators John Barrasso (R-WY), Tom Carper (D-DE), Jim Inhofe (R-OK) and Ben Cardin (D-MD), the respective chairmen and ranking members of the Environment and Public Works Committee and its Transportation and Infrastructure Subcommittee, have introduced America’s Water Infrastructure Act of 2018 with an eye to:

Read more: Lawmakers’ water infrastructure proposal runs deep

Economist confirms largest construction materials price surge in seven years

Sources: Associated Builders & Contractors, Washington, D.C.; CP staff

Prices for inputs to construction materials expanded 1.3 percent in April and are 6.4 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. The figures are the largest respective month-over-month and year-over-year increases since 2015 and 2011. 

Read more: Economist confirms largest construction materials price surge in seven years