C&W DustTech, which offers dust collection systems for heavy industries such as concrete, minerals and mining, has been recognized as a 2024 Dallas 100 winner. This award honors the fastest-growing private companies in North Texas for their growth over a three-year timeframe. Among this year’s recipients, C&W DustTech is one of only four industrial manufacturing companies recognized, underscoring the company’s…
Read MoreDay: November 25, 2024
Motion Announces Executive Promotion
Maintenance, repair and operation replacement parts distributor Motion Industries Inc. promoted Eric Gonzalez to senior vice president of Mexico, Canada, industry segments and business development, effective immediately. Throughout his 26-year career at Motion, Gonzalez has excelled in numerous roles. He began as a corporate trainee and has held positions as an outside sales representative, branch manager, fluid power specialist, automation…
Read MoreConstruction Starts Rise in October
Total construction starts increased 4% in October to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 14%, nonbuilding starts moved 2% higher, while residential building starts fell 3%. On a year-to-date basis through October, total construction starts were up 3% from the first 10 months of 2023. Residential starts were up…
Read MoreSummit Materials Enters into Definitive Agreement to be Acquired by Quikrete
Summit Materials Inc. has entered into a definitive agreement to be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction price represents an approximately 36% premium to Summit’s unaffected 90-day volume weighted average price and an approximately 29% premium to Summit’s unaffected share price. The…
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