Concrete Products

NOV 2018

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.

Issue link: https://concrete.epubxp.com/i/1049168

Contents of this Issue

Navigation

Page 29 of 66

www.concreteproducts.com November 2018 • 25 Reading Rock Inc. of Cincinnati and West Berlin, N.J.-based Russell Cast Stone Inc. have merged to form Reading Rock Russell LLC. With 168 years of industry presence, the combined entity is the largest producer of architectural concrete stone in the United States. Its RockCast brand spans architectural precast and masonry veneer units, custom cast stone, and lightweight stone products. Spancrete has promoted Jeff Winters to executive vice president. He arrived in 2015 with 20 years in precast production, and from Waukesha, Wis., headquarters will be responsible for overseeing precast/pre- stressed operations in Valders, Wis., Crystal Lake, Ill., and Sebring, Fla. "Jeff's ability to elevate operational pro- ductivity and stimulate business growth by cultivating strategic partnerships is the type of leadership that will continue to advance Spancrete's position in the market," says President Al Antoniewicz. "We have great trust in his expertise in not only the precast space, but also his background in optimizing operations." POLYCOR ASSIMILATES INDIANA LIMESTONE North America's top natural stone pro- ducer, Polycor Inc., has completed a merger involving a brand synonymous with The Pentagon and Empire State Building exte- riors: Bloomington, Ind.-based dimensional stone, building product and hardscape unit fabricator Indiana Limestone Co. (ILCO). "This transaction represents another milestone in [our] journey to become the global leader in the natural stone indus- try," says Polycor CEO Patrick Perus. Beyond bringing Polycor a "world-class team," he adds, the ILCO merger is expected to drive meaningful growth through cross-sell- ing synergies, geographic expansion, and sharing of best practices. It will likewise provide an expanded product offering for customers of both companies, positioning the combined business as "the solution of choice for architects, builders, dealers and other stakeholders in the natural stone value chain." "Our business today touches the lives of dealers, fabricators, distributors and architects worldwide," affirms ILCO CEO Tom Quigley. "We are proud to be a part of a great industry. Now, by joining with Polycor, a business partner with whom we share common values, passion and ambi- tion, there is unlimited potential to expand our offering and deliver even greater value to our customers." All plants and quarries will continue to operate as normal, with both the Polycor and ILCO management teams leading their respective business operations. Existing ILCO shareholders will become significant minority shareholders in the go-forward entity as the business embarks on its next phase of growth. With a more diversified and expansive geographic presence, ILCO's central Indiana office will serve as a primary base to support continued expansion in North America. The transaction was closed shortly after Polycor's recent acquisition of four limestone quarries in France, position- ing the company with 44 stone deposits and a payroll exceeding 1,100. BRIEFS PRODUCERS custom concrete production equipment tailored to your specifications 1.800.657.5420 www.nationalconcrete.com concrete batch plants silos aggregate handling cement handling dust control automation systems retrofits turnkey services < < < < < < NATIONALCONCRETE ® CUSTOM CONCRETE PRODUCTION EQUIPMENT

Articles in this issue

Links on this page

Archives of this issue

view archives of Concrete Products - NOV 2018