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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Top 5 Recent Tweets

DateAuthorComment
November 26, 2021ForterraNWThrough Forterra’s ECC program, Skanska employees will help plant nearly 1,400 trees. The company will also contrib… https://t.co/MXIAq2YGAz
November 26, 2021ForterraNWHow? Through participation in Forterra’s Evergreen Carbon Capture (ECC) program!
November 26, 2021ETFsStockPicker#stocknews Forterra (LON:FORT) Price Target Cut to GBX 280 https://t.co/DdtNzDtTLy https://t.co/HhkKr6EmNW https://t.co/2YsI0Oi8T2
November 26, 2021ForterraCReinforced Concrete Pipe mass makes it more durable to install and resistant to flotation! #Forterra #RCP… https://t.co/rw0ZR1iFOh
November 25, 2021ForterraNWDonate to Forterra's Giving Tuesday campaign and make an even bigger impact: https://t.co/iLodC2T1ZO
  1. GivingThanks… https://t.co/BndKLIcChe


Top 5 Recent News Headlines

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  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

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