Forterra
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http://www.forterrapipeandprecast.com/
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]

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]

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Controversies

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Top 5 Recent Tweets

DateAuthorComment
January 26, 2023algobotnewsForterra plc price target lowered to 250 GBp from 273 GBp at Deutsche Bank $FTTRF
January 26, 2023ForterraUKOnly 1 week to go until the Forterra London Apprentice Challenge, in conjunction with @LewishamCollege and… https://t.co/FaZhwBAaXg
January 26, 2023gradcrackerNew on Gradcracker! Forterra is one of the UK’s largest manufacturers of quality building products. They have plac… https://t.co/dwZ2tCXuCz
January 26, 2023TargetICTForterra “well positioned to withstand continuing uncertainty” after “strong 2022 result” https://t.co/XPhh1B60wN https://t.co/barAruBVBf


Top 5 Recent News Headlines

Top 5 Lifetime Tweets

Top 5 Lifetime News Headlines

  1. ↑ http://www.forterrapipeandprecast.com/about_us.htm#leadership
  2. ↑ http://www.nasdaq.com/markets/ipos/company/forterra-inc-998699-81279
  3. ↑ http://www.fool.com/investing/2016/10/19/what-investors-need-to-know-about-the-forterra-ipo.aspx
  4. ↑ http://www.forterrapipeandprecast.com/about_us.htm#history
  5. ↑ https://www.worldcement.com/the-americas/13032015/lone-star-funds-completes-acquisition-of-hanson-building-products-517/
  6. ↑ http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11312261/UK-brick-maker-Hanson-sold-by-German-owner-for-900m.html
  7. ↑ http://www.concreteproducts.com/news/8736-private-equity-deal-preempts-hanson-building-products-initial-public-offering.html#.WAqLKYN97IU
  8. ↑ http://www.renaissancecapital.com/news/hanson-building-products-officially-withdraws-ipo-after-$1.4-billion-lone-s-23052.html
  9. ↑ http://www.prnewswire.com/news-releases/hanson-building-products-purchases-cretex-concrete-products-300152907.html
  10. ↑ http://finance.yahoo.com/news/forterra-building-products-acquires-sherman-224500051.html
  11. ↑ http://www.prnewswire.com/news-releases/forterra-building-products-acquires-us-pipe-300252329.html
  12. ↑ http://www.building.co.uk/brick-maker-to-mothball-lancashire-factories/5082552.article
  13. ↑ 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
  14. ↑ http://www.forterrapipeandprecast.com/news.htm#press
  15. ↑ http://www.prnewswire.com/news-releases/forterra-announces-pricing-of-initial-public-offering-at-1800-per-share-300348036.html

Verification history

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