Dayton Superior last week announced it acquired the stock of the Block Heavy and Highway Products Co. from the W. G. Block Co. The Block Heavy and Highway Co., Bettendorf, Iowa, is a leading supplier of steel infrastructure products used principally in the construction and repair of concrete roads, highways, interstates, airports and distribution centers.
Block specializes in the manufacture and sale of welded and fabricated dowel assemblies, steel dowels, transverse bar assemblies and rebar baskets.
“We’re very excited about the addition of the Block Heavy and Highway business into our product portfolio,” said Rick Zimmerman, Dayton Superior president and CEO. “Block will strengthen our presence in the highway construction market, and support our continued expansion into the infrastructure markets. This acquisition fully supports our increased focus on concrete highway and bridge projects.”
Dayton Superior will market the Block product lines with those currently marketed under the Dayton Superior Paving Products brand -- previously known as American Highway Technology.
Dayton Superior acquired certain assets and subsidiaries of Universal Building Products out of bankruptcy proceedings in September of last year. In June, the company announced it opened a new $15 million manufacturing and distribution center in Braselton, Ga., northeast of Atlanta. The company officially emerged from Chapter 11 bankruptcy in October 2009. Los Angeles-based Oaktree Capital Management L.P., which owned much of Dayton Superior’s debt prior to the bankruptcy, now owns a substantial majority of the company.
Based in Dayton, Ohio, Dayton Superior is the leading North American provider of specialized products consumed in nonresidential, concrete construction, and is one of the largest concrete forming and shoring rental companies serving the domestic, nonresidential construction market. Dayton Superior is No. 29 on the RER 100.
