Golden Gate Capital completed the acquisition of Active Minerals International LLC from Merit Capital Partners. AMI will continue to be led by its current management team, including President and Chief Executive Officer Dennis Parker. Management will retain a significant ownership stake in the business. Financial terms of the transaction were not disclosed.
Read MoreDay: November 19, 2018
Del Mar College Adds Vortex Simulator
CM Labs Simulations is helping Del Mar College’s Division of Workforce and Economic Development to narrow the skilled labor gap by implementing a Vortex Advantage simulator in its heavy equipment operator training program.
Read MoreMake Room for Millennials at the Jobsite
Construction has often been considered one of the last industries to embrace technology. That is starting to change, however, as aggregates and construction companies look for new ways to alter the mindset of those at the jobsite.
Read MoreOptimism Versus Pessimism
At the recent Intercem Americas conference in Miami, Colin Sutherland, president of SC Market Analytics, talked about infrastructure market dynamics that will impact the construction economy. He provided an optimistic versus pessimistic forecast. Here are some of his conclusions:
Read MoreFIRST LOOK – NOVEMBER 2018
Top News Peckham Industries Acquires Palmer Paving Peckham Industries Inc. completed the acquisition of Palmer Paving Corp., a heavy highway construction and materials business based in Palmer, Mass. Palmer’s operations, seasoned business management team and more than 150 employees will remain intact and will provide Peckham with expanding business opportunities in the region. NSSGA Holds Legislative Forum Environmental Protection Agency…
Read MoreCat 990K Aggregate Handler Boosts Wheel Loader Production
Caterpillar introduced the 990K Aggregate Handler, designed to handle greater payloads in aggregates yard applications. With as much as a 25 percent payload increase, as compared to the standard 990K, the new Aggregate Handler enables customers to load trucks and railcars faster and to move more material in load-and-carry and stockpile management tasks. The Cat 990K Aggregate Handler has a…
Read MoreArcosa Acquires ACG Materials
Arcosa Inc. has reached a definitive agreement with an affiliate of H.I.G. Capital, LLC to acquire ACG Materials for approximately $315 million.
Read MoreVulcan Donates to College Heavy Equipment Scholarships
Vulcan Materials recently awarded $8,000 to Wilkes Community College in North Carolina to use for student scholarships. These scholarships are awarded to incoming freshmen students enrolled in the Diesel and Heavy Equipment Technology.
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