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Treasury Department: Construction industry shoulders top tax rate

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

A U.S. Department of the Treasury analysis confirms that a typical construction company faces an average effective federal tax burden of 30.3 percent against the 23.3 percent average for all U.S. businesses. The industry likewise pays the highest effective tax rate—the percent of income businesses actually pay in taxes—of any sector of the economy.

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ASTM-led consortium eyes improved PCR, LCA and EPD for green building interests

Sources: ASTM International, West Conshohocken, Pa.; CP staff

A first-of-its-kind consortium in the green-building industry convened 15 manufacturers and industry representatives in a roundtable discussion on the needs for enhancing product transparency and stewardship through effective product category rules (PCR), life cycle assessment reports (LCA), environmental product declarations (EPD), and Sustainable Minds Transparency Reports.

Read more: ASTM-led consortium eyes improved PCR, LCA and EPD for green building interests

Forterra moves deep into water infrastructure supply chain with ductile iron pipe play

Sources: Forterra Building Products, Irving, Texas; CP staff

The top producer of reinforced concrete pipe, concrete and steel pressure pipe, plus precast drainage products has greatly expanded its prospects in the water infrastructure market, acquiring ductile iron product leader U.S. Pipe. The Birmingham, Ala., operator brings Forterra Building Products 20 manufacturing and fabrication facilities in the U.S. and Mexico, and the leading brand of ductile iron pipe, fittings, joint restraints and related products among distributors, contractors and engineers.

Read more: Forterra moves deep into water infrastructure supply chain with ductile iron pipe play