US: Peaks Precast has inaugurated a precast concrete plant in Buena Vista, Colorado. The plant will produce panels 2.4m – 5.5m wide and 0.9m – 2.4m tall for use in foundation walls for modular homes and commercial buildings.
US: Advance Ready-Mix Concrete reportedly plans to upgrade operations at its Limerick ready-mix concrete plant in Louisville, Kentucky. The Business Journals News has reported that the company plans to expand the plant’s capacity in line with growing demand. The projected investment is US$5.9m.
US: Drake Ready Mix has acquired a 3.53ha plot of land in Fort Myers, Florida. CoStar News has reported that the producer plans to build a new concrete plant on the plot.
Cyprus: Competition authorities have issued fines on ready-mix concrete producers worth €1.94m for collusion between 2010 and 2014. The Commission for the Protection of Competition found that the producers had shared sensitive information, leading to price fixing. Some had also divided clients among themselves and shared information regarding a tender for a passenger terminal at the port of Limassol.
Among those fined, Athinodorou & Poullas Super Beton received a fine of €503,000, while K. Kithreotis Skyrodema received a fine of €409,000, the Cyprus Mail newspaper has reported.
