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NRMCA begins harnessing data to update Industry Wide-EPD

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

NRMCA is updating the Industry-Wide Environmental Product Declaration to address evolving requirements producer members confront when project owners or design teams apply Life Cycle Assessment criteria or request EPD submittals, often in conjunction with LEED v4 green building certification. 

Read more: NRMCA begins harnessing data to update Industry Wide-EPD

Lead economist: Construction employment rises 4 percent year over year

Source: Associated Builders & Contractors, Washington, D.C.

An Associated Builders and Contractors analysis of new U.S. Bureau of Labor Statistics data indicates construction employment increased 280,000 in 2018, a 4.0 percent gain over the prior-year level. The analysis also showed industry unemployment rising to 5.1 percent during December, due to a meaningful increase in labor force participation, yet remained 0.8 percent lower than at the same time in 2017.  

Read more: Lead economist: Construction employment rises 4 percent year over year

Longtime NPCA President Gable sets year-end retirement

Sources: National Precast Concrete Association, Carmel, Ind.; CP staff

The National Precast Concrete Association has appointed a search committee to identify candidates to succeed Ty Gable, who will retire as staff president effective December 31, 2019—capping a tenure with the group that began in 1994. 

Read more: Longtime NPCA President Gable sets year-end retirement

Investor positions StormTrap for increased shipments, broader reach

Sources: Warren Equity Partners, Houston; CP staff

A lower middle market private equity fund with infrastructure and maintenance business investments has taken a controlling interest in StormTrap LLC, a Romeoville, Ill., precast producer and licensor of stormwater harvesting, storage and treatment technology. Warren Equity acquired the stake from the Hawken family, which founded StormTrap in 2002. The Hawkens invested alongside the fund and will remain on the board of directors.

Read more: Investor positions StormTrap for increased shipments, broader reach

LoJac deal brings Alley-Cassetty masonry production, distribution assets

Source: Alley-Cassetty Companies Inc., Nashville; CP staf

One of largest independent and family owned masonry distributors in the U.S., Alley-Cassetty Cos., entered a purchase agreement late last year to acquire the block, brick and stone assets of LoJac Materials, Inc., serving the middle Tennessee market from three locations. Projected to close this month, the transaction will expand its reach to 14 Southeast locations.

Read more: LoJac deal brings Alley-Cassetty masonry production, distribution assets