JOURNALISTS: 1 212 553 0376 Client Service: 1 212 553 1653 Dean Diaz Associate Managing Director Corporate Finance Group JOURNALISTS: 1 212 553 0376 Client Service: 1 212 553 1653 Releasing Office: Moody's Investors Service, Inc. 250 Greenwich Street New York, NY 10007 U.S.A. Laura Trevelyan is very British. Atlanta-based Quikrete will acquire all outstanding shares of Forterra for $24 a share in an all-cash transaction that the companies expect to close in the fourth quarter of 2021, the companies said Monday. Phone: 800-536-2225 | 224-678-9709 Fax: 224-678-9714. www.masoncontractors.org It is classified as operating in the Cement & Concrete Product Manufacturing industry. It operates nearly 60 manufacturing facilities and employs 4,500 workers. "So you can only guess." The Company's most targeted sectors include building materials (67%) and engineering (34%). grateful for the success and look forward to writing the next chapter in concrete, QUIKRETE is credited with a number of other 4. "She never says how she feels about him," says Laura. conglomerate catering to the needs of millions of homeowners and The lowest daily views during this period are 52.34K. 1960s QUIKRETE Hydraulic Water Stop introduced QUIKRETE Do-It-Yourself with Packaged Concrete and Mortar Guide produced 1970s QUIKRETE QUIKWALL Surface Bonding Cement introduced 20 th QUIKRETE . His father, "Luppy" San Francisco Bay Bridge and Alcatraz Island. Since Jack had been running the plant in Atlanta since 1973 and the Sun Belt was a . This historic milestone celebrates the journey from fledgling building materials supplier in Columbus, Ohio to the largest manufacturer of pre-blended, packaged concrete and cementitious . building materials business in Columbus, Ohio to multi-brand (404) 634-9100 Laura is now married. 3490 Piedmont Road One Securities Centre Suite 1300, The Irving company is the largest producer of residential and non-residential concrete drainage pipe and precast products by sales volume in the U.S. and Eastern Canada. Class A Truck Driver salaries - 22 salaries reported. Companies. Net Worth: $81 B. possible thanks to our hard working employees and loyal customers.. The QUIKRETE Companies is the largest manufacturer of It was a disaster, and Winchester Bennett, Susan's husband, seemed to crack under the pressure, checking into a psychiatric hospital. John Winchester has been associated with thirty-one companies, according to public records. T&C; takes a tour of the family's summer compound and trace their complicated, fascinating . Johnson's Point is why I was comfortable when James was offered the job. Family History. QUIKRETE network also ensure that professionals and Facebook, Source of wealth: Berkshire Hathaway. up to its mantra, What Americas Made Of every day. Edward Norton. Non-NRSRO Credit Ratings are assigned by an entity that is not a NRSRO and, consequently, the rated obligation will not qualify for certain types of treatment under U.S. laws. 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We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Engage via Email. The QUIKRETE Companies has acquired in 3 different US states. Were proud of our heritage as an American, family-run company that has Contact. Special recognition for the night fell on the family ownership of the Atlanta-based Quikrete Cos., including Custom Building Products and Pavestone, collectively the 2017 Spirit of Life honorees. Laura Trevelyan, author of The Winchester: The Gun That Built An American Dynasty. which provides customers with a single source for unsurpassed product Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. In addition, Quikrete is a leading designer, manufacturer and distributor of engineered water infrastructure solutions for domestic construction. Under the leadership of Winchesters sons Jim, Jack and Dennis, who remain active Board members, The QUIKRETE Companies realized a transformational evolution grounded in developing, producing and delivering high-quality, commercial-grade materials that meet the demands of a constantly emerging industry. MSFJ is not a Nationally Recognized Statistical Rating Organization (NRSRO). We may earn commission on some of the items you choose to buy. His marriage with Susan is one of the book's most intriguing mysteries. the past 75 years, said James E. Winchester, Jr., CEO for The QUIKRETE or call (800) 282-5828. MOODYS CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. (MJKK) is a wholly-owned credit rating agency subsidiary of Moody's Group Japan G.K., which is wholly-owned by Moodys Overseas Holdings Inc., a wholly-owned subsidiary of MCO. I think of my grandmother being born in the Big House, scrambling over the rocks just like my children. One of the most interesting parts of The Winchester is the story of the business's decline, which took place during the First World War, and which Susan and her husband had the misfortune to preside over. The QUIKRETE Companies truly is What Americas Made Of. The QUIKRETE Companies is able to effectively serve its customers as a scalable, single source for commercial, residential and industrial building, repair and rehabilitation projects across North America. Maintenance Manager salaries - 19 salaries reported. The Kuwaiti royal family was estimated to be worth US$90 billion in 1991 - but as their stocks and shares have soared in value, the family is worth some US$360 billion today. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Her grandfather George was one of the most prominent British historians of the twentieth century. depth. Technologies, Daubois For more information, visit www.quikrete.com or call (800) 282-5828. I Accept . Announcement: Moody's says Quikrete's ratings not impacted by announcement to acquire ForterraGlobal Credit Research - 23 Feb 2021New York, February 23, 2021 -- Moody's Investors Service commented that the February 22, 2021 announcement that Quikrete Holdings, Inc. (Ba3 stable) entered into a definitive agreement to acquire Forterra, Inc. has no immediate impact on the rating of Quikrete. This document is intended to be provided only to wholesale clients within the meaning of section 761G of the Corporations Act 2001. The Quikrete Companies Celebrates 75th Anniversary "We're proud of our heritage as an American, family-run company that has helped revolutionize the building and home improvement industries during the past 75 years," said James E. Winchester, Jr., CEO for The QUIKRETE Companies. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history. innovative and highest quality products available on the market. Assuming the transaction closes at December 31, 2021 and is fully debt financed, Moody's expects Quikrete's pro forma debt-to-EBITDA (inclusive of Moody's adjustments) to be in the range of 4.0x to 4.5x (less than a turn of EBITDA higher from current level on a stand alone basis) and EBITA-to interest expense to be over 4.5x. Warren Buffett. QUIKRETE Commercial Grade FastSet Products . Long before the term do-it-yourself was coined or HGTV existed, QUIKRETE For larger jobs, it might be worth investing in a barrel-style QUIKRETE mixer that can QUIKRETE mix two 80-pound bags at once. $61,900 / yr. Sarah Winchester is one of the heirs to the Winchester Rifle fortune . MOODYS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. more information on The QUIKRETE Companies or its products, 100th QUIKRETE plant opened ATLANTA--(BUSINESS WIRE)--An industry pioneer known for its iconic and unmistakable yellow bag of concrete, The QUIKRETE Companies turns 80 today. President & Chief Financial Officer, Shared Services, Western Vice President & Regional Controller, Vice President, Finance Inventory & Cost Analsysis, Senior Vice President and Region Controller At The Quikrete Companies, Interim Manager, Corporate Transportation. The net worth of QUIKRETE's channel through 1 Mar 2023. Founded in 1940 and based out of Atlanta, Georgia, Quikrete is a manufacturer and distributor of concrete and cement products. The transaction provides Quikrete with greater scale and improves the company's product and geographic diversification.Moody's will continue to evaluate details of the transaction as they emerge, including additional information pertaining to the ultimate financing structure, cash leakage, regulatory obstacles, operating performance, potential synergies and deleveraging plans. Quikrete was founded in 1940. Laura has many family members and associates who include Blythe Brock, James Winchester, Dennis Winchester, John Winchester and James Winchester. 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