Concrete Products

APR 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.

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Page 33 of 71

32 • April 2018 BRIEFS ACTIVITIES & APPOINTMENTS PRODUCERS Five Cemex USA ready mixed plants in the San Francisco Bay Area have earned Concrete Sustainability Council (CSC) responsible sourc- ing certification following an audit of environmental, social, and governance practices by SGS, an independent, third-party registrar. "Sustainability is a guiding principle we honor at every facil- ity," says Cemex USA President Ignacio Madridejos. "We are proud of these plants for becoming the first facilities in the U.S. to attain CSC certification as they demonstrate their leadership in environmental responsibility. Their achievement can inspire others in Cemex and across the industry." Cemex S.A.B de C.V., Portland Cement Association and the World Business Council for Sustainable Development's Cement Sustainability Initiative launched the Concrete Sustainability Council in 2017 to grade building materials operations on sustainable practices through- out supply chains. CSC aims to improve concrete sector transparency and highlight concrete's essential role in creating a sustainable construction sector by securing recognition in green procurement government policies and building rating systems. Nearly 70 plants worldwide have achieved CSC responsible sourcing certification. "We've worked with industry experts and certification institutes worldwide to develop a thorough system designed to show how concrete, cement and aggregates companies are operating in an envi- ronmentally-responsible way," says CSC Chair and Cemex Sustainable Affairs Manager Dr. Alexander Röder. "By earning this certification, these operations show they care about the environment and com- munities around them." Coralville, Iowa precast wall producer Zero Energy Systems filed a voluntary petition for legal reorganization late last month, noting the option of a such a move for companies seeking to obtain financ- ing to complete a restructuring while continuing normal business operations. The filing stems from an ongoing dispute with a current lender's lack of support for the company's rapid growth, and will not affect concrete operations as management anticipates fulfilling contracted and future orders. "Entering into this legal reorganization allows the company time to legally reorganize, finalize a corporate restructure, and become a venture capital backed firm," says ZES CEO Scott Long. "After three years of rapid growth in Iowa, it has become obvious that the market we are in will not support a technology-based company with immedi- ate growth needs. Therefore, we are transitioning into a new structure that will support our corporate goals." ZES has retained counsel and investment banking services in Sili- con Valley supporting the transition, he adds, and anticipates closing on a first round of venture-backed equity capital, along with a new debt partner, over the next 60-120 days. Under the reorganization, the producer will be positioned to expand into additional U.S. markets as part of its original growth strategy. North Carolina concrete reinforcement supplier Insteel Industries, Inc. has appointed Abney S. Boxley III to its board of directors, effective this month. He served as president and chief executive officer of Virginia ready mixed, block and aggregate producer Boxley Materials Co., ahead of its acquisition by Summit Materials. He currently serves as a director of RGC Resources, Pinnacle Financial Partners and the Carilion Clinic. "[Ab Boxley's] broad knowledge of the construction and building materials industry and strong financial background will be a valuable addition to our board and we look forward to his contributions," says Insteel CEO H.O. Woltz III. Texas-based Superior Concrete Products was honored at the ReCon Retaining Wall Systems Annual Producer's Appreciation Event in Denver earlier this year. The production achievement award recog- nizes manufacturing and installing more than 100,000 square feet of ReCon Retaining Wall Blocks. "ReCon blocks fit seamlessly into the Superior Concrete Products decorative precast concrete merchandise mix, and our considerable

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