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Private equity firm, HeidelbergCement close Hanson Building Products deal

Sources: HeidelbergCement AG, Germany; CP staff

Debt reduction-driven HeidelbergCement has completed the sale of Irving, Texas-based Hanson Building Products Ltd. to an affiliate of Lone Star Funds, a private equity firm with Dallas, New York and Frankfurt offices. The transaction is valued at about $1.3 billion, plus a sum up to $100 million payable next year depending on the concrete, clay and steel product business’ 2015 financial performance.

Read more: Private equity firm, HeidelbergCement close Hanson Building Products deal

Cummins lightens, shrinks heavy-duty truck emissions treatment module

Source: Cummins Emissions Solutions, Columbus, Ind.

The first of Cummins Emissions Solutions’ next generation of ultra-high efficiency aftertreatment systems will debut at the Mid America Trucking Show, March 26-28 in Louisville, Ky. The EcoFit Single Module is designed to be upwards of 60 percent smaller and 40 percent lighter than the EPA 2013 solution it succeeds.

Read more: Cummins lightens, shrinks heavy-duty truck emissions treatment module

Yale-, AECOM-trained architect takes NRMCA Building Innovations post

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

Gregg Lewis, AIA, has joined NRMCA as senior director, Building Innovations, responsible for providing developers and design professionals technical expertise on advanced, cast-in-place concrete methods. Additionally, he will integrate architect, engineer and contractor teams to offer durable, energy efficient and economical concrete solutions meeting building developer and tenant needs.

Read more: Yale-, AECOM-trained architect takes NRMCA Building Innovations post

Buying mood, optimism mark The Precast Show 2015

Source: National Precast Concrete Association, Carmel, Ind.

If trade show floor activity is any indication, the North American precast concrete industry continues to grow and diversify. Staged at the Orange County Convention Center earlier this month in Orlando, The Precast Show 2015 attracted serious buyers who were looking to purchase equipment to meet growing product demand.

Read more: Buying mood, optimism mark The Precast Show 2015

Florida block makers open their wallets for voluntary, check-off-modeled fund

Sources: Florida Concrete Masonry Education Council Inc., Orlando; CP staff

Independent and major operators representing 60–70 percent of the Sunshine State’s concrete masonry production capacity assembled earlier this month to sign a commitment, effective April 1, to contribute 1 cent per concrete block sold to support the Florida Concrete Masonry Education Council (FCMEC).

Read more: Florida block makers open their wallets for voluntary, check-off-modeled fund