Arcosa President and CEO Antonio Carrillo called the deal "a powerful validation of the work" his company has done in recent years—including Arcosa's $1.2 billion acquisition of the construction materials business of Stavola Holding Corporation in 2024.
Tracing its roots back to 1903 and marketed under the Arcosa Marine, Nabrico, and Wintech brands, the company’s barge business manufactures inland barges, fiberglass barge covers, winches, and marine hardware and operates along U.S. inland river systems.
In an era of cloud-based software buyouts, this 10-figure deal is as down-to-earth as it gets.
New Jersey-based Stavola specializes in aggregates and vertically integrated construction materials. It operates five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites, primarily serving the New York-New Jersey metro area.
Irving-based Celanese Corp., a specialty materials and chemical company, has teamed up with Hong Kong-based VIGOR Precision Ltd., a manufacturer of plastic gears, to develop lightweight plastic joints for humanoid robots....
Irving-based Celanese Corp., a specialty materials and chemical company, has teamed up with Hong Kong-based VIGOR Precision Ltd., a manufacturer of plastic gears, to develop lightweight plastic joints for humanoid robots....