Prestressed concrete companies specialize in producing construction materials designed to withstand tension and compression forces. This type of concrete is reinforced by tensioning steel wires or cables, resulting in increased strength and durability. These companies cater to various construction projects such as bridges, buildings, and infrastructure.
October 2023
The Bristol Group Inc., a producer of engineered precast and prestressed concrete products with headquarters in Lexington, Kentucky, has sold its precast division to Fabcon Precast LLC, a portfolio company of Solace Capital Partners, L.P. ("Solace"), a well-known private equity firm that specializes in providing creative capital solutions for middle market businesses.
The Bristol Group, a design-build commercial construction firm that also serves the markets for parking structures, multi-family housing, hospitality, and industrial projects, manufactures precast concrete wall panels and other structural elements. Engineered precast and prestressed concrete products are provided by Bristol Precast in Kentucky, Ohio, Indiana, Tennessee, Missouri, and West Virginia. In Charlestown, Indiana, Bristol Precast has a state-of-the-art manufacturing facility.
The company's commitment to quality and all-encompassing customer service is shared by Bristol Precast, which is a great compliment to Fabcon. In addition to expanding the company's geographic reach into the Mid-South region, this deal demonstrates Fabcon's capacity to pursue compelling M&A possibilities.
October 2023
The Opebi-Ojota-Mende link bridges are now under construction, and Julius Berger Nigeria Plc has released the first few beams, which is thought to be a significant step towards the link bridges and roads being completed sooner rather than later. The project will proceed with the launching of no less than 228 pre-stressed beams on the bridge.
It is a crucial phase of the project. The company will start casting slabs and decks when the beams have been installed.
Julius Berger Nigeria Plc, an established Nigerian company, offers complete services that span the planning, design, engineering, construction, operation, and maintenance of buildings, infrastructure, and industrial projects in Nigeria.
Key Companies in the Prestressed Concrete Market Include
Skanska (Sweden)
Heidelberg Cement (Germany)
L&T Construction (India)
Taiheiyo Cement Corporation (Japan)
Coreslab Structures (US)
Coltman Precast Concrete Limited (UK)
Tindall Corporation (US)
Prestressed Concrete Market Highlights:
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