Bill Sandbrook Talks Infrastructure on Mad Money with Jim Cramer

Posted by U.S. Concrete on May 19, 2017 11:49:10 AM

(U.S. Concrete)  CNBC's Jim Cramer hosted U.S. Concrete CEO Bill Sandbrook on his hit show Mad Money to talk about infrastructure and the company's growth. Watch the video and find out what is driving business.  

 

 

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Topics: In the news, U.S. Concrete

Portable Concrete Plants and Mobile Concrete Mixer

Posted by U.S. Concrete on Apr 6, 2017 9:00:00 AM

(U.S. Concrete) Portable concrete mixers and mobile on-site plants are two distinct categories of products that provide a solution to a common problem — the need for fast-track mobilization of concrete supplies to remote locations. All concrete suppliers construct stationary concrete plants. Fewer will have a fleet of mobile concrete mixers and the capacity to set-up multiple on-site ready-mixed concrete plants. Mobile plants allow for efficient concrete construction operations anywhere in the country, especially in areas that would be logistically impossible to reach from stationary plants through conventional means.

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Topics: Fast Track Mobilization, U.S. Concrete

Redi-Mix Concrete's Fast Track Mobilization at Facebook Data Center

Posted by U.S. Concrete on Mar 9, 2017 10:45:35 AM

U.S. Concrete's Dallas / Fort Worth business unit, Redi-Mix Concrete, is supplying the concrete for Facebook's Fort Worth Data Center. Redi-Mix teamed up with U.S. Concrete's nationwide mobile concrete plant business unit, U.S. Concrete On-Site, to provide the equipment necessary to supply one of the largest projects in the nation. With over 100,000 yards of concrete placed so far, Redi-Mix and On-Site, are showing their strength and flexibility with fast track mobilization portable plants.

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Topics: fast track construction, Fast Track Mobilization, U.S. Concrete

CEO Bill Sandbrook talks to Fox Business about U.S. infrastructure

Posted by U.S. Concrete on Jan 27, 2017 11:37:06 AM

(U.S. Concrete)   In a Fox News segment featuring U.S. Concrete CEO Bill Sandbrook and Summit Materials CEO Tom Hill, both guests are asked about projections for infrastructure spending under President Donald Trump. U.S. Concrete saw its stock rise immediately following the election of Trump, who's promises to invest in infrastructure spending and a Mexican border wall have led to a surge in investments for potential suppliers.  

Though signs point to an increase in infrastructure spending, Sandbrook notes that no arrangement with U.S. government officials have yet been made regarding the promised border wall. The wall must be approved by Congress before contracts can be outlined, so U.S. Concrete will remain at the ready in case the project begins to develop. 

Aside from the wall, Sandbrook expressed optimism regarding Trump's tax plan, suggesting that the reduced regulations and tax burden could boost U.S. gross domestic product by 2 percent. When asked where the money for Trump'sinfrastructure plan would come from, he said that private investors and banks could potentially contribute to subsidize what the government would provide from its own funding. 

As of recently, Trump's press secretary Sean Spicer indicated that the President is still intent on following through with his $1 trillion infrastructure plan. The plan has taken a backseat to healthcare and tax reform of late, but the White House has indicated that the project is still very much on their radar. Though Trump raised the idea to lump in the infrastructure plan with his other priorities, the timeline has since been pushed back. 

Specific details of the infrastructure plan are not yet ironed out, other than an estimation of $1 trillion in spending over the course of 10 years. Whether or not the plan gets approval in 2017 is still uncertain, but the infrastructure plan would allegedly address the modernization of roads, airports, electrical grids and even broadband. 

Nevertheless, as of May 2017, U.S. Concrete stocks are still going strong after an excellent first quarter. 

 

 

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Topics: In the news, U.S. Concrete

Dallas Business Journal talks with U.S. Concrete's CEO Bill Sandbrook

Posted by U.S. Concrete on Jan 27, 2017 7:00:00 AM

(U.S. Concrete)  In an interview with Dallas Business Journal, U.S. Concrete CEO Bill Sandbrook expressed confidence that, if the proposed U.S.-Mexico border wall is constructed, that U.S. Concrete would be involved in the project if concrete solutions were needed. 

"We have no idea if this is going to be concrete, but we are we are well-positioned with our operations and experience," Sandbrook said. "To the extent that concrete is being used on the wall, we would be a competitive bidder."

The article expands on U.S. Concrete's especially strong presence in the state of Texas, with an operations center in Laredo, TX. From there, concrete supplies could be easily mobilized for a border wall if the operations were put into motion. U.S. Concrete's prominence in California, New York and Texas have already opened the door for multiple infrastructure projects out of the scope of the proposed $1 trillion infrastructure plan made by President Donald Trump.

As Dallas Business Journal notes, only 16 percent of U.S. Concrete's revenue is tied to infrastructure projects, with the majority of business stemming from homes, apartments, office buildings, hospitals, schools and other real estate projects. Part of Sandbrook's efforts will be to not only set up an opportunity for a bid on the border wall, but become the go-to supplier for other major projects in areas showing sizable growth.

U.S. Concrete's growth parallels the growth of the areas in which it operates. U.S. Concrete stocks continue to rise after a strong first quarter in 2017

 

 

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Topics: In the news, U.S. Concrete

Why You Will Surely Regret Ignoring Concrete Moisture Mitigation

Posted by ARIDUS Rapid Drying Concrete on Jan 26, 2017 11:15:00 AM

When starting a project, you have to worry about the logistics of setting sub-contractors to work — often before the design for said project is finalized. It’s imperative, though, that you don’t ignore one of the critical components of construction that will severely impact your timeline and bottom line. Moisture mitigation takes many forms, some more effective than others, but it's necessary that you have some method of response to excess moisture in concrete slabs.  

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Topics: Moisture Mitigation

How Concrete Moisture Can Derail Fast Track Construction

Posted by ARIDUS Rapid Drying Concrete on Jan 23, 2017 8:00:00 AM

Though concrete moisture generally poses a threat in any construction context, it is especially problematic when a construction timeline is compressed. Fast track construction inherently has its fair share of advantages, speed to market and potentially lower overhead costs, to name a few, but does magnify the risk of flooring damage if concrete slab moisture precautions aren’t taken seriously. There is less tolerance for time delays between concrete and flooring installation, but designers, contractors and owners that are aware of the problem from the beginning are in a better position to execute a problem-free project.

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Topics: Moisture Mitigation

Jim Cramer talks U.S. Concrete on CNBC's Mad Money with Jim Cramer

Posted by U.S. Concrete on Jan 12, 2017 6:00:00 PM

(U.S. Concrete) Jim Cramer, the host of Mad Money on CNBC, lauded U.S. Concrete's stock after a caller inquires if he should invest given Trump's proposal to build a U.S.-Mexico border wall. The caller noted Cramer's discussion with U.S. Concrete CEO Bill Sandbrook, who is planning to become one of the lead bidders for the project if the wall comes to fruition. 

Cramer called the U.S. Concrete stock "exceptional," believing there is more growth to come. 

However, it's worth noting that U.S. Concrete's success is not entirely tied to the implication of U.S. infrastructure spending. Less than 20 percent of the company's revenue current derives from infrastructure, with residential construction and commercial real estate fueling the company's surge. U.S. Concrete maintains a strong presence in Texas, California and New York, all of which feature areas of commercial and population growth. 

U.S. Concrete stocks are still projected to rise on the basis of its postive earnings trend. This comes as no surprise given that 40 percent of the company's business is located in the Dallas-Fort Worth area, which is showing absolutely zero signs of slowing down. The population of Dallas is expected to "skyrocket" through the next quarter century.

  

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Topics: In the news, U.S. Concrete

Eliminate Flooring Failure Risk with Rapid-Drying Concrete

Posted by ARIDUS Rapid Drying Concrete on Jan 12, 2017 9:00:00 AM

Over the past 25 years, moisture-related problems with floor coverings and coatings have been one of the most frequent, costly, and troublesome problems faced by owners, general contractors, project managers and flooring installers. The problems stem from the inability of conventional concrete mixtures to dry to the moisture level required by the manufacturers of the flooring materials within the time allowed by the project schedule.

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Topics: Moisture Mitigation

What Stock Could Soar Under President Trump

Posted by U.S. Concrete on Jan 11, 2017 10:00:00 PM

(U.S. Concrete)  Craig Hodges, portfolio manager for the Hodges Fund, talks with The Street about the three stocks he thinks would benefit most under the Trump administration. One of the stocks mentioned is U.S. Concrete, where Hodges attributes part of the positive stock prospectus on the quality of U.S. Concrete's management team. 

While much has been made of Trump's plan to invest in domestic infrastructure projects — the U.S.-Mexico border wall, most notably — they are only a small part of what makes the U.S. Concrete stock price so attractive to investors. Hodges mentions that 40 percent of U.S. Concrete's business is located in rapidly growing North Texas, which includes the sprawling Dallas-Fort Worth metroplex. 

According to Forbes, the Dallas-Fort Worth area was the second-fastest growing metropolitan area in the country as recently as July. Investors are rightly noticing that real estate and infrastructure projects in Dallas and other parts of North Texas will only continue. Though downtown is seeing renovations and increased growth, the northern areas of the metroplex such as Richardson, Plano, Frisco, Allen and McKinney are becoming bastions for new business and residential projects. 

Meanwhile, 25 percent of U.S. Concrete's work is situated in the New Jersey/New York area and another 25 percent is located in Northern California (the San Francisco Bay area). Hodges argues that the company's presence in these markets, in conjunction with potential government infrastructure spending, puts U.S. Concrete in an envious position to grow quickly.  

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Topics: In the news, U.S. Concrete