Forterra
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| Forterra Inc. | |
|---|---|
| Type | Public |
| Industry | Water Infrastructure |
| Founded | 1931 |
| Slogan | Build It Right. Build It With Concrete. |
| Headquarters | Irving, Texas |
| Key people | Jeff Bradley, Matt Brown, Mark Carpenter[1] |
| Number of employees | 5565 [2] |
Forterra Inc. is a manufacturer of pipe and precast products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution and drainage comprising Drainage Pipe & Products, Water Pipe & Products, Structural & Specialty Products and Stormwater Management Systems. Based in Irving, Texas, Forterra employs more than 5,500 people and operates more than 95 facilities, with products available throughout the U.S. and Eastern Canada.[3]
Contents
History
- 1991, Hanson acquired Gifford-Hill and established the company's North American presence.
- 2006, Company name was changed to Hanson Drainage Pipe & Products.
- 2007, Hanson purchases Hyprescon and expands its Canadian operations.[4]
- December 24, 2014, Hanson Building Products was bought by private equity firm Lone Star.[5][6][7]
- February 4, 2015, Hanson Building Products officially withdraws IPO after $1.4 billion Lone Star acquisition.[8]
- October 1, 2015, Hanson Building Products announced that its North American concrete pipe and precast business has finalized the purchase of Cretex Concrete Products headquartered in Maple Grove, Minnesota.[9]
- February 1, 2016, Forterra acquires Sherman-Dixie Concrete Industries.[10]
- April 15, 2016, Forterra Building Products announced that it has acquired U.S. Pipe.[11]
- July 10, 2016, Forterra announced the mothballing two plants in Lancashire.[12]
- August 3, 2016, Forterra Acquires Bio Clean Environmental Services and Modular Wetland Systems.[13]
- October 16, 2016, Hanson Building Products announced company name change to Forterra.[14]
- October 19, 2016, Forterra Announces Pricing Of Initial Public Offering At $18.00 per share.[15]
Featured Videos
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Controversies
None Reported.
Top 5 Recent Tweets
| Date | Author | Comment |
|---|---|---|
| April 16, 2023 | bazhigham1 | I’ve had a busy few day with Forterra, and only just caught up. Had a night out with my mate last night around town… https://t.co/SafXOybY0d |
| April 13, 2023 | 93HarLir | @RebelHQ Any thoughts on Forterra? Seems remarkably cheap. |
| April 12, 2023 | craigbigbro1 | Close to a million views, if we get a million by tomorrow we’ll be giving away goodies https://t.co/VaX3V8NfNk |
| April 11, 2023 | craigbigbro1 | 900K views and counting https://t.co/VaX3V8NfNk |
| April 10, 2023 | craigbigbro1 | 3/4 of a million views now, how to build a brick #BBQ #mrandmrsdiy https://t.co/VaX3V8NfNk |
Top 5 Recent News Headlines
Top 5 Lifetime Tweets
Top 5 Lifetime News Headlines
- ↑ http://www.forterrapipeandprecast.com/about_us.htm#leadership
- ↑ http://www.nasdaq.com/markets/ipos/company/forterra-inc-998699-81279
- ↑ http://www.fool.com/investing/2016/10/19/what-investors-need-to-know-about-the-forterra-ipo.aspx
- ↑ http://www.forterrapipeandprecast.com/about_us.htm#history
- ↑ https://www.worldcement.com/the-americas/13032015/lone-star-funds-completes-acquisition-of-hanson-building-products-517/
- ↑ http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11312261/UK-brick-maker-Hanson-sold-by-German-owner-for-900m.html
- ↑ http://www.concreteproducts.com/news/8736-private-equity-deal-preempts-hanson-building-products-initial-public-offering.html#.WAqLKYN97IU
- ↑ http://www.renaissancecapital.com/news/hanson-building-products-officially-withdraws-ipo-after-$1.4-billion-lone-s-23052.html
- ↑ http://www.prnewswire.com/news-releases/hanson-building-products-purchases-cretex-concrete-products-300152907.html
- ↑ http://finance.yahoo.com/news/forterra-building-products-acquires-sherman-224500051.html
- ↑ http://www.prnewswire.com/news-releases/forterra-building-products-acquires-us-pipe-300252329.html
- ↑ http://www.building.co.uk/brick-maker-to-mothball-lancashire-factories/5082552.article
- ↑ https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjDrZz98ezPAhWBMo8KHZcOA0wQFggeMAA&url=http%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fforterra-acquires-bio-clean-environmental-services-and-modular-wetland-systems-300309554.html&usg=AFQjCNEbSaXKOKybVv7lDmaeUtxEvo_ecA&sig2=ICqXeo0qeEerPUHNm9ALTQ
- ↑ http://www.forterrapipeandprecast.com/news.htm#press
- ↑ http://www.prnewswire.com/news-releases/forterra-announces-pricing-of-initial-public-offering-at-1800-per-share-300348036.html
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