Spancrete Acquisition: Midwest Precast Market Reshaped
Spancrete: A Midwest Precast Power Play The 2020 merger of Spancrete and Wells Concrete significantly reshaped the Midwest precast concrete market. This wasn't merely a business transaction; it was a strategic consolidation uniting two industry giants, creating the region's largest precast concrete producer. This union leveraged Wells Concrete's established market presence with Spancrete's pioneering hollow-core technology—a technology refined over decades, with origins tracing back to post-World War II Germany. But how has this merger impacted the industry, and what does the future hold?...