Concrete Products

MAR 2017

Concrete Products covers the issues that attract producers of ready mixed and manufactured concrete focusing on equipment and material technology, market development and management topics.

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32 • March 2017 www.concreteproducts.com SL13K Series Tru-Track Alumilite • Compact package design of 22.69 inches • Quick-change ride height up to 17 inches • Air disc brakes now available • Available in 8K, 10K, 13.5K and 20K capacities Contact your local W&C representative today for more information. 1.800.445.0736 www.watsonsuspensions.com Watson & Chalin is a brand of Hendrickson BRIEFS ACTIVITIES & APPOINTMENTS "We have seen a great need from profes- sional financial clients for information that is not often available through traditional research channels," says Muratore, noting especially their interest in "critical insight on items like cost-of-entry, customer and asset valuations, market penetration and opportunities, company vulnerabilities, leadership strengths, pricing opportunities, import and export impacts, and how these organizations are impacted by government policies, regulatory issues, and infrastruc- ture spending programs." Caterpillar Inc. will relocate a limited group of senior executives and support functions to the Chicago area later this year, while maintaining a major presence in its longtime base of Peoria, Ill. A group of senior executives will lead an initial transition to leased office space; when fully operational, Caterpillar expects about 300 employees to be based in the new Chicago headquarters. Peoria is 175 miles from Chicago and its two major airports. "[The] Board of Directors has been discussing the benefits of a more accessible, strategic location for some time," says Caterpillar CEO Jim Umpleby. "Since 2012, about two-thirds of Caterpillar's sales and revenues have come from outside the United States. Locating our headquarters closer to a global transportation hub means we can meet with customers, dealers and employees more easily and frequently. The new location is also an opportunity to add to our talented team while improving the productivity of our senior leaders." "We value our deep roots in central Illinois, and Peoria will continue to be our hometown. The vast majority of our people will remain in this important region where we have many essential facilities and functions." As a result of continuing challenging market conditions and the need to prioritize resources to focus on growth, Caterpillar will not build the previously announced head- quarters complex in Peoria. The current headquarters building will continue to be used for Caterpillar offices. Cleveland-based RPM International Inc. has added Prime Resins, a Conyers, Ga., manu- facturer of specialty chemicals and equipment for infrastructure construction and repair, to its USL Group business. Prime Resins' product line includes polyurethane and epoxy grouts, foams, adhesives and coatings. They are primarily used for leak sealing, concrete struc- tural repair, slab lifting and soil stabilization. Product applications include highways, roads, bridges, airport runways, sewage systems, and retaining walls. Based in the United Kingdom, USL Group is comprised of several business units that provide a wide array of coatings, products and services for infrastructure proj- ects, including bridges, and roadways. The Equipment Leasing and Finance Asso- ciation, representing the $1 trillion equipment finance sector, projects that U.S. businesses, nonprofits and government agencies will spend over $1.5 trillion in capital goods or fixed busi- ness investment this year, financing a majority of those assets. Businesses will find positive momentum for equipment investment as the changing economic and regulatory environment contributes to improved business conditions. "Equipment acquisition continues to drive the supply chains across all U.S. manufactur- ing and service sectors," says ELFA President Ralph Petta. "Equipment leasing and financing provide the source of funding for a majority of U.S. businesses to acquire the productive assets they need to operate and grow."

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