Concrete Products

DEC 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/1060544

Contents of this Issue

Navigation

Page 21 of 83

20 • December 2018 www.concreteproducts.com NEWS SCOPE PRODUCERS An early-November spinoff of assets outside core Rail and Railcar Leasing and Manage- ment Services businesses under Dallas-based Trinity Industries Inc. spawned Arcosa Inc., a New York Stock Exchange-traded company reporting 2017 sales of $1.5 billion across three groups: Construction Products, with 11 sand & gravel (Texas, Louisiana) and eight expanded shale and clay (Alabama, Arkansas, California, Colorado, Indiana, Kentucky, Louisiana, Texas) plants, plus Energy Equipment and Transportation. Arcosa entered the public markets as "a strong, independent company with estab- lished businesses," said CEO Antonio Carrillo on the first day of operating as a separate business from Trinity Industries. "A healthy, nearly-debt free balance sheet and strong operating cash flow provide us with signifi- cant resources to grow both organically and Trinity aggregates spinoff hits ground running with $315M ACG deal through disciplined acquisitions. Our stage one priorities are to grow our construction prod- ucts businesses, improve margins in our energy equipment segment, and expand our transpor- tation products businesses as our key markets recover." "Our name symbolizes the 'arc' of progress for our business and ongoing commitment to meeting critical infrastructure needs through innovation, entrepreneurship, and flexibility," added Carrillo, a 16-year Trinity veteran. "We are committed to establishing credibility with our many stakeholders, including the invest- ment community, customers and suppliers, team members throughout the organization, and the communities in which we operate." Leading the Arcosa Construction Products Group is Reid Essl, who transitioned from chief financial officer over the Trinity Construction, Energy and Marine businesses. Of 2017 Arcosa financials, Construction Products accounted for $259 million, or 18 percent of sales, and $54 million, or 41 percent of $132 million in oper- ating profit. The sand & gravel and lightweight aggregate production portfolio includes legacy Trinity Industries plants, along with sites pre- viously under Oldcastle Architectural/Big River and Texas Industries. OUT OF GATE BOLT-ON Two weeks after the spinoff, Arcosa entered a definitive agreement with an H.I.G. Capital LLC affiliate to acquire ACG Materials, Norman, Okla. The company mines and processes mate- rials for the construction, agriculture, food and pharmaceutical industries, and has among its brands AccuCrete, a cementitious floor under- layment sold as a packaged dry mix. It brings 24 active aggregate sites and five production facil- ities to Arcosa Construction Products, and will boost segment revenues upward of 50 percent, to approximately $450 million. ACG operates in Florida, Texas, Oklahoma, Kansas, Missouri, Washington, Nevada and British Columbia. "The acquisition demonstrates early execu- tion on key elements of our strategic growth plan: To expand our Construction Products business and grow in attractive markets," noted Carrillo. "ACG is a strategically import- ant acquisition, adding significant scale to the Construction Products segment, extending our specialty product portfolio and geographic reach, and expanding our end markets." Conventional sweep elbow blowouts cause ongoing system shutdowns. 45° and 90° elbows available in diameters from 1.25 to 18 inch, with flanges and socket-weld ends in tube, Schedule 10/40 and Schedule 80 pipe, in cast iron, carbon steel, aluminum, stainless steel and specialized alloys depending on diameter. ABRASIVE CONCRETE MATERIALS BLOWING OUT YOUR PNEUMATIC CONVEYING ELBOWS? Prevent elbow failure by preventing material impact Unlike conventional "impact" elbows and "plugged-tee" elbows that rely on material impact to change direction, HammerTek's Smart Elbow design features a spherical chamber that protrudes partially beyond the desired 90º or 45º pathway. This causes a ball of material suspended in air to rotate— in the same direction as the air stream that powers it—gently deflecting incoming material around the bend without hitting the elbow wall. ® Ask for a Free, No-Risk Trial Offer 1-610-814-2273 sales@HammerTek.com www.HammerTek.com Prevent elbow wear, blow-outs, recurring maintenance and shutdowns once and for all with Smart Elbow ® deflection elbows from HammerTek ® Lime, clay, sand, alumina, iron oxide, fly ash, granite, cement, shale, slag, clinker, cinders, aggregates and other abrasives wear through conventional sweep elbows because material must hit the elbow wall at high speed to change direction. Instead, the Smart Elbow design gently deflects material around the bend without impacting the elbow wall, providing concrete producers with three important benefits: Virtually no elbow wear, blowouts, replacement costs or related downtime Virtually no material degradation, reducing dust generation Reduced space requirements—about 40% shorter than sweep elbows 1 2 3 Smart Elbow deflection elbows at concrete plants still going strong after 15 years. EE-1024

Articles in this issue

Links on this page

Archives of this issue

view archives of Concrete Products - DEC 2018