| News | Brundage Bone and JLS Concrete Pumping to recapitalize. January 18, 2010
Brundage Bone Concrete Pumping, Inc (BBCP), and its wholly owned subsidiary, JLS Concrete Pumping, Inc. (JLS), are pleased to announce that we have reached an agreement in principle with Aurora Resurgence Management Partners LLC (Aurora Resurgence), an affiliate of Aurora Capital Group, to recapitalize our company.
| Second 70Z Put to Work JLS Concrete Pumping Takes delivery of the Second 70Z-Meter.
Always at the forefront of the industry, Putzmeister continues its tradition of innovation with the 70Z-Meter. In 1983 Putzmeister introduced the then world’s largest truck-mounted concrete boom pump, the 46-Meter, in Los Angeles, CA. The many critics thought it could not be done, and here we are 26 years later in the same position, with a road-legal Juggernaut leading the way.
Associated Concrete Pumping of Sacramento, CA, is the very proud owner of the first 70Z. After the second 70Z appeared at the World of Concrete 2009 in Las Vegas, JLS Concrete Pumping (JLS) of Ventura, CA, took delivery of the unit.
JLS has already had the world’s largest truck-mounted concrete boom pump on about four different jobs, taking advantage of the unit’s innovative technological features. Including, Putzmeister’s exclusive Ergonic® technology, a boom with over 227 feet of vertical reach and nearly 213 feet of horizontal reach, and the One-Sided Support (OSS) outrigger system, to name a few.
“With the 70Z, Putzmeister continues to take concrete pumping and placement to the extreme by providing the technological features that always put our customers first,” says Putzmeister America president and CEO, Dave Adams. “The industry has been patiently waiting to learn more about the 70Z and see it in action on job sites.
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| Sany delays its build for another year. Sany Heavy Industry Co. Ltd., which makes concrete pumping equipment, has delayed its planned $30 million assembly plant and R&D facility in Peachtree City for more than a year.
The company is running a sales office here with about 80 people but wanted to time the building of the plant with an upturn in the construction industry, where its products are used, Matt Forshee, CEO of the Fayette County Development Authority, has told GlobalAtlanta.
Sany's site is located in an industrial park adjacent to Peachtree City's Falcon Field airport. The company ran into problems when the 250-foot crane it wanted to use in the construction of its facility was downstream of the flight path. Sany's now waiting on Federal Aviation Administration approval for a lower crane height and other aspects of construction near the airport, Mr. Forshee said.
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