Concrete Products is the leading source for Concrete Plants, Concrete Mixers, Precast, and Ready Mix news.

Astec steps up concrete batch plant presence in RexCon deal

Sources: Astec Industries Inc., Chattanooga, Tenn.; CP staff

Astec has acquired the assets of concrete batch plant manufacturer RexCon LLC, Burlington, Wis., in a $26 million cash transaction. A key player in central mixed equipment, RexCon becomes a sister operation of Albuquerque, N.M.-based CEI Enterprises, which has built a transit mixed equipment line under the Fusion banner.

Read more: Astec steps up concrete batch plant presence in RexCon deal

Schwing America adds telescopic conveyor models in Loop Belt deal

Sources: Schwing America, St. Paul, Minn.; CP staff

Schwing America has closed on the assets of truck-mounted, telescopic conveyor manufacturer Loop Belt Industries. The acquisition includes intellectual property, patents, copyrights and trademarks surrounding a product line anchored by 33- and 40-meter truck-mounted telescopic conveyors, plus a 40-meter tractor trailer mounted model.

Read more: Schwing America adds telescopic conveyor models in Loop Belt deal

U.S. Concrete lands key aggregates assets, upping the Vulcan ante for Polaris

Sources: U.S. Concrete Inc., Euless, Texas; Vulcan Materials Co., Birmingham, Ala.; CP staff

U.S. Concrete has secured a premium aggregates source to integrate with its 12-plant Central Concrete Supply Co. ready mixed business in northern California. The producer bested a Vulcan Materials offer for Vancouver, B.C.-based Polaris Materials Corp., which distributes sand & gravel from a major Vancouver Island deposit through five San Francisco Bay Area and Los Angeles market sites.

Read more: U.S. Concrete lands key aggregates assets, upping the Vulcan ante for Polaris

NPCA Benchmarking Report pegs 2016 industry shipment gains at $900M

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

The NPCA 2017 Precast Industry Benchmarking Report charts a 5 percent growth rate for producers last year, as shipments in the United States and Canada climbed to an estimated $18.2 billion from $17.3 billion in 2015. The 129-page document reflects 2016 precast, precast/prestressed and concrete pipe production data from 63 companies operating 168 plants.

Read more: NPCA Benchmarking Report pegs 2016 industry shipment gains at $900M

Applications open for 2018-19 CIM Executive MBA Program

Sources: CIM National Steering Committee, Murfreesboro, Tenn.; CP staff

The Concrete Industry Management program is accepting applications for the next cohort of CIM Master of Business Administration degree candidates until November 1. Offered through the Jennings A. Jones College of Business at Middle Tennessee State University, the program will run in seven-week blocks and combine distance learning, webinars, plus two on-campus visits.

Read more: Applications open for 2018-19 CIM Executive MBA Program