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IN a promising show of force by a company's owners, three directors at Texas Industries, a construction materials maker with almost $850 million in sales, got the boot last week.
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Earlier this month, another maker of smart glass, Sage Electrochromics, drew an $80 million investment from Saint-Gobain, a construction materials manufacturer.
The Bear Stearns Companies and Hicks, Muse, Tate & Furst Inc. abandoned a proposed buyout of the Johns Manville Corporation yesterday after Manville, the second-largest American maker of construction materials, said it would not accept a bid below the $3 billion the prospective buyers initially offered in June.
Brunswick Technologies Inc., a maker of industrial and construction materials, rejected a $45.9 million takeover offer from Compagnie de Saint-Gobain, Europe's biggest building-materials distributor.
Brunswick Technologies, a maker of industrial and construction materials, said yesterday that it would consider a $41.8 million offer from Compagnie de Saint-Gobain, Europe's biggest building-materials distributor.
W. R. Grace, once a conglomerate stretching from publishing to insurance, is now mainly a maker of specialty chemicals, construction materials and packaging; it began life as a guano trading company in 1854.
Makers of energy-efficient construction materials are also hiring.
The S.E.C. said Mr. Sullivan, the Kidde chief executive, had also abused his position as a director of the Tyler Corporation, a maker of pipes and other construction materials.
With the economy on the mend and likely to continue to strengthen into 2004, earnings should improve sharply for companies like plastics recycler Wellman (9, WLM), construction materials provider Lamson & Sessions (6, LMS) and sporting goods maker Huffy (6, HUF).
Arkema, a French-based maker of organic peroxides used in plastics, pharmaceuticals and construction materials, evacuated all the personnel from the plant.
To improve the performance of pit latrines in urban poor areas, researchers and practitioners should develop local latrine design standards (dimensions, construction materials and number of users) and cleaning guidelines for local policy makers to implement.
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