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Deere deep in paving equipment with Wirtgen deal

Deere & Co. will significantly expand its construction equipment market stake with a $5.2 billion acquisition of Germany’s Wirtgen Group, projected to close later this year. Wirtgen encompasses namesake concrete paving equipment plus five other brands of milling, processing, mixing, paving, compaction and rehabilitation machines and tools deployed throughout road work and aggregates production: Vögele, Hamm, Kleemann, Benninghoven and Ciber.

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Gate Precast uses hollow core to lower costs for hotel project

Two Marriott hotels near Orlando’s Mall at Millenia are being built within a single structure as part of a dual-brand hotel concept made possible, in part, by the adaptability of precast. Gate Precast will produce and install 158,841 square feet of 8-in. hollow core precast and 6,156 square feet of 8-in. solid slab structural precast for the project.

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Boral North America division emerges from Boral Ltd., Headwaters union

Boral Ltd. consummated a $2.6 billion takeover of South Jordan, Utah-based Headwaters Inc., following U.S. Federal Trade Commission clearance. The deal brings the North Sydney, Australia, suitor upward of 8 million tons of annual fly ash volume, owing to Headwaters’ leading position in coal combustion residuals processing and marketing; additional light building products offerings; and, a doubling of roofing and manufactured stone market stakes. In the latter product category, it unites the Cultured Stone and Eldorado Stone brands.

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Forterra, Thompson Pipe trade gravity and pressure pipe production assets

Under an agreement announced late last month, Rialto, Calif.-based Thompson Pipe Group will acquire the concrete and steel pressure pipe assets of U.S. Pipe, a division of concrete drainage products leader Forterra Inc., Irving, Texas. In exchange for five pressure pipe plants and a fittings facility, the latter will receive $23.2 million in cash plus Thompson’s Conroe, Texas, concrete drainage pipe and products operation.

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Oldcastle Architectural ups InsulTech design options, flexibility with 6-in. unit

Oldcastle Architectural’s Echelon brand has launched the InsulTech Concrete Masonry System’s Half-High product line as an extension to its popular full high product. The system features about a dozen profiles—in finished nominal dimensions of 12 ¼ x 4 x 16 inches—offering more flexibility and options for architects designing hospitals, schools and other institutions, while meeting building codes.

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