Concrete Products

JUL 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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20 • July 2017 NEWS SCOPE MANUFACTURERS Deere & Co. will significantly expand its con- struction equipment market stake with a $5.2 billion acquisition of Germany's Wirtgen Group, projected to close later this year. Wirt- gen 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 produc- tion: Vögele, Hamm, Kleemann, Benninghoven and Ciber. The group's global footprint encompasses approximately 8,000 employees and network of company-owned or independent dealers selling and supporting contractors in 100-plus countries. "Wirtgen's superb reputation, strong customer relationships and demonstrated financial performance are attractive as we expand the reach of John Deere construction equipment to more customers, markets and geographies," says Deere CEO Samuel Allen. "Spending on road construction and trans- portation projects has grown at a faster rate than the overall construction industry and tends to be less cyclical," adds Deere Worldwide Construction & Forestry Division President Max Guinn. "There is recognition globally that infrastructure improvements must be a priority and roads and highways are among the most critical in need of repair and replacement." Deere plans to maintain Wirtgen brands, management, manufacturing, employees and distribution. The combined business is expected to benefit from sharing best practices in distribution, customer support, manufactur- ing and technology, plus scale and efficiency of operations. Deere deep in paving equipment with Wirtgen deal Also shown in Las Vegas was the TCM 180i, a new texture curing machine equipped for 13- ft. 1-in. to 59-ft. 1-in. working widths, plus capabilities beyond transverse or longitudi- nal brooming and spraying. Wirtgen unveiled the 64i and two companion SP 60 slipform paver models at the 2017 ConExpo-Con/Agg, billing the series as a higher power, Tier 4 Final successor to the SP 500. The exclusive Eco mode lowers fuel consumption by automatically adapting engine output to power requirements.

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