Tim Oleszczuk

Our partnership with AICRETE is a great example of the value that can be created through venturing. Following initial investment with Century Concrete, four additional CRH operating companies, Dufferin Construction Company, Preferred Materials, Inc, Lyman-Richey Corporation and Conco Companies joined their ‘founders club’, piloting their unique approach using data and artificial intelligence (AI) to support ready-mix producers to optimize concrete mixes. This innovative technology aligns directly with our focus on digitalization - improving production efficiency while also reducing both the CO² footprint and the cost of concrete production. We have achieved positive results during deployment at these sites and we’re now looking at opportunities for commercialization and to expand to other CRH operating companies across North America. #VentureCapital #Innovation #Digitalization

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This week on TrendsTalk, ITR Economist Taylor St. Germain provides an update on commercial construction trends, focusing primarily on the multi-family and nonresidential sectors. What is attributing to the weakness we are expecting in 2025? Tune in to find out! https://hubs.la/Q02VZT0Q0

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Blue Point Capital Partners and National Safety Apparel (NSA) are proud to announce the acquisition of Tri-Star Glove (TSG), a manufacturer of personal protective apparel, primarily serving the automotive, foundry, fabrication and glass end-markets. TSG is NSA’s 14th acquisition since 2012 and the first investment since partnering with Blue Point less than two months ago. “Tri-Star has developed a reputation for manufacturing outstanding personal protective apparel that spans a variety of project types and serves a diverse group of customers,” said NSA CEO Chuck Grossman. “Through this partnership, we will continue providing premium PPE products to our customers, leveraging our combined experience and industry knowledge.” NSA is actively seeking additional partnerships with like-minded founders and owners of PPE manufacturing businesses. Business owners interested in learning more please contact me. #manufacturing #privateequity Jon Pressnell Rick Soukup Note: Certain statements about Blue Point Capital Partners made by portfolio company executives herein are intended to illustrate Blue Point Capital Partners’ business relationship with such persons, including with respect to Blue Point Capital Partners’ facilities as a business partner, rather than Blue Point Capital Partners’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Blue Point Capital Partners-sponsored vehicles.

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Read Alex Mounts' contribution to Construction News and Review (CNR) for their #ESOP issue. You can see Alex's Guest Column on pages 6 and 7. https://lnkd.in/gKXJQCTr

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Planning a contractor’s eventual exit from their business is a complex and multi-faceted process. Principal and Regional Director of HBK Construction Solutions, Ohio Region, Kyle Melewski, CPA examines three questions contractors must consider as they develop their succession plan and transition. #Construction #SuccessionPlanning #BusinessValuation #HBK75

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Industrial's Focus May Be Shifting Toward the Heartland This trend is changing the game #darwinpw #corfacinternational #NAIOP #industrialrealestate Read more: https://lnkd.in/gASXdkNf

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Headed to Indianapolis and participating in a second panel. CIDCO Panel 7: Mandated Energy Performance: A Reasonable Step For Local Authorities to Take on Wednesday, June 26 @ 9:45 AM – 10:45 AM EDT Many jurisdictions are setting hard targets for energy use in commercial buildings - either as EUI or CO2e limits. Benchmark reporting is one thing, but hard limits set a nigher bar for performance, especially if there are financial penalties attached. Who is best able to ensure that targets are met or achieved?

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The key to keeping construction costs under control?? 💡 Smart Planning Here’s how Midwest tackles rising prices while delivering projects that meet our client's needs and even exceed their expectations: - We work with you to explore cost-effective alternatives for materials and methods that don’t sacrifice quality. - Timing is everything in construction. We streamline our schedules to reduce delays and prevent budget overruns. - Our deep roots in the region mean we can source materials locally, cutting transportation costs and supporting the local economy at the same time. What’s your biggest challenge when it comes to managing construction costs? Let’s talk about how we can help. #Constructioncosts #ProjectPlanning #Michigan

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The Construction Products Association has released its Spring 2024 Construction Industry Forecast, which predicts total construction output will fall by 2.2% this year - a marginal downward revision from the 2.1% decline in the Winter forecast. However, the CPA believes outputs will rise by 2.1% in 2025, a marginal upwards revision from the previous forecast. While further 3.6% growth is anticipated in 2026, there is continued uncertainty in looking that far ahead, given the upcoming general election and possible impacts of any new government. TDUK members can login and read the full CPA forecast on our website, as well as having access to our supply dashboards to see all the latest timber and construction industry data. https://lnkd.in/e7N2gsMH #forecast #economics #data #construction

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Spending in the US manufacturing sector has boomed since the CHIPS Act, boosting manufacturing construction. Check out the latest projects on Construction Dive's Manufacturing construction tracker - https://ow.ly/zX9S50SNZ67 #Construction #Manufacturing #USConstruction

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With the Fed a few rate cuts into its easing cycle questions remain about whether a soft landing can be achieved. Will the Fed be able to lower rates further without re-igniting inflation? Read what our experts have to say.

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Have you heard? The City of Chicago has issued an update to its Sewer and Stormwater ordinance. Read more about the changes and how it will affect your Chicago projects in the article below. 

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