Precast Industry Growth Topped 5% in 2013 According to NPCA Benchmarking Report Tracking closely with the overall growth in the construction industry, the precast concrete sector grew by 5.2% in 2013, with total sales of $16.2 billion, according to the NPCA Benchmarking Report, an annual report commissioned by the association from an independent survey company. The survey, conducted in the spring of 2014, tracks sales data from the previous fiscal year. The growth in the precast sector slightly outpaced the 4.8% growth estimated by the U.S. Census Bureau for the value of construction in 2013. Precast manufacturers consumed 11 million tons of cement in 2013, up from 10 million tons the previous year. The manufacturers produced about 33 million cubic yards of concrete, the same as the previous year.In the sub-categories tracked by the Benchmarking Report, three products showed significant increases over 2012. Utility buildings grew by 50% to $526 million in sales and 2.8% of the total market. Utility vaults, which are the largest single category, reported $2.7 billion in sales, growing about 5% and encompassing 14.4% of the overall market. Septic tanks and grease interceptors registered a combined 8% increase, totaling $924 million in sales. The problems funding highway work and infrastructure throughout the country are also reflected in this year’s Benchmarking Report. Box culverts and 3-sided structures retreated 13% in sales to $688 million, while manhole sales dipped about 5% to $1.4 billion. “Highway work has been unstable,” said NPCA President Ty Gable. “However, this is a very diverse industry, and the wide range of products has helped us achieve some moderate growth. That upward trend should continue through 2014, and we’re seeing positive signs for 2015 as well. The extension of highway funding through May 2015 helps, but what we really need is a long-term bill that would provide some stability to the system.” Three emerging categories in the precast industry are the product lines of architectural wall panels, concrete pavers and precast concrete pavement systems. Architectural wall panels grew by 8% to $752 million in sales and a 4.1% share of the precast market. Concrete pavers, which were previously listed in the “other” category, have grown to become a $37 million segment of the overall market. The growing acceptance of PCPS by some DOTs across the country has created a new market for precasters, who manufactured $37 million worth of the rapid repair road systems last year. The Benchmarking Report extrapolates data from the annual Precast Industry Benchmarking Survey, which is issued every year to precast concrete plants in North America. This year’s survey included 62 precast concrete companies representing 211 plants. Other sections of the report include a compilation and analysis of plant sales, operations data, compensation tracked by position and benefits. The 145-page Benchmarking Report includes detailed financial and sales mix information, compensation rates by position for salaried and hourly employees and detailed employee benefits information. A PDF of the report is available in the NPCA Bookstore for $250 for NPCA members and $300 for nonmembers. For more information, visit precast.org.

Precast Industry Growth Topped 5% in 2013
According to NPCA Benchmarking Report
Tracking closely with the overall growth in the construction industry, the precast concrete sector grew by 5.2% in 2013, with total sales of $16.2 billion, according to the NPCA Benchmarking Report, an annual report commissioned by the association from an independent survey company. The survey, conducted in the spring of 2014, tracks sales data from the previous fiscal year.
The growth in the precast sector slightly outpaced the 4.8% growth estimated by the U.S. Census Bureau for the value of construction in 2013. Precast manufacturers consumed 11 million tons of cement in 2013, up from 10 million tons the previous year. The manufacturers produced about 33 million cubic yards of concrete, the same as the previous year.

In the sub-categories tracked by the Benchmarking Report, three products showed significant increases over 2012. Utility buildings grew by 50% to $526 million in sales and 2.8% of the total market. Utility vaults, which are the largest single category, reported $2.7 billion in sales, growing about 5% and encompassing 14.4% of the overall market. Septic tanks and grease interceptors registered a combined 8% increase, totaling $924 million in sales.
The problems funding highway work and infrastructure throughout the country are also reflected in this year’s Benchmarking Report. Box culverts and 3-sided structures retreated 13% in sales to $688 million, while manhole sales dipped about 5% to $1.4 billion.
“Highway work has been unstable,” said NPCA President Ty Gable. “However, this is a very diverse industry, and the wide range of products has helped us achieve some moderate growth. That upward trend should continue through 2014, and we’re seeing positive signs for 2015 as well. The extension of highway funding through May 2015 helps, but what we really need is a long-term bill that would provide some stability to the system.”
Three emerging categories in the precast industry are the product lines of architectural wall panels, concrete pavers and precast concrete pavement systems. Architectural wall panels grew by 8% to $752 million in sales and a 4.1% share of the precast market. Concrete pavers, which were previously listed in the “other” category, have grown to become a $37 million segment of the overall market. The growing acceptance of PCPS by some DOTs across the country has created a new market for precasters, who manufactured $37 million worth of the rapid repair road systems last year.
The Benchmarking Report extrapolates data from the annual Precast Industry Benchmarking Survey, which is issued every year to precast concrete plants in North America. This year’s survey included 62 precast concrete companies representing 211 plants. Other sections of the report include a compilation and analysis of plant sales, operations data, compensation tracked by position and benefits. The 145-page Benchmarking Report includes detailed financial and sales mix information, compensation rates by position for salaried and hourly employees and detailed employee benefits information. A PDF of the report is available in the NPCA Bookstore for $250 for NPCA members and $300 for nonmembers. For more information, visit precast.org.

Precast Industry Growth Topped 5% in 2013
According to NPCA Benchmarking Report

Tracking closely with the overall growth in the construction industry, the precast concrete sector grew by 5.2% in 2013, with total sales of $16.2 billion, according to the NPCA Benchmarking Report, an annual report commissioned by the association from an independent survey company. The survey, conducted in the spring of 2014, tracks sales data from the previous fiscal year.

The growth in the precast sector slightly outpaced the 4.8% growth estimated by the U.S. Census Bureau for the value of construction in 2013. Precast manufacturers consumed 11 million tons of cement in 2013, up from 10 million tons the previous year. The manufacturers produced about 33 million cubic yards of concrete, the same as the previous year.

sales-graph-w-numbers-2004-2013

In the sub-categories tracked by the Benchmarking Report, three products showed significant increases over 2012. Utility buildings grew by 50% to $526 million in sales and 2.8% of the total market. Utility vaults, which are the largest single category, reported $2.7 billion in sales, growing about 5% and encompassing 14.4% of the overall market. Septic tanks and grease interceptors registered a combined 8% increase, totaling $924 million in sales.

The problems funding highway work and infrastructure throughout the country are also reflected in this year’s Benchmarking Report. Box culverts and 3-sided structures retreated 13% in sales to $688 million, while manhole sales dipped about 5% to $1.4 billion.

“Highway work has been unstable,” said NPCA President Ty Gable. “However, this is a very diverse industry, and the wide range of products has helped us achieve some moderate growth. That upward trend should continue through 2014, and we’re seeing positive signs for 2015 as well. The extension of highway funding through May 2015 helps, but what we really need is a long-term bill that would provide some stability to the system.”

Three emerging categories in the precast industry are the product lines of architectural wall panels, concrete pavers and precast concrete pavement systems. Architectural wall panels grew by 8% to $752 million in sales and a 4.1% share of the precast market. Concrete pavers, which were previously listed in the “other” category, have grown to become a $37 million segment of the overall market. The growing acceptance of PCPS by some DOTs across the country has created a new market for precasters, who manufactured $37 million worth of the rapid repair road systems last year.

The Benchmarking Report extrapolates data from the annual Precast Industry Benchmarking Survey, which is issued every year to precast concrete plants in North America. This year’s survey included 62 precast concrete companies representing 211 plants. Other sections of the report include a compilation and analysis of plant sales, operations data, compensation tracked by position and benefits. The 145-page Benchmarking Report includes detailed financial and sales mix information, compensation rates by position for salaried and hourly employees and detailed employee benefits information. A PDF of the report is available in the NPCA Bookstore for $250 for NPCA members and $300 for nonmembers. For more information, visit precast.org.

Kaynak:https://precast.org/2014/08/precast-industry-growth-topped-5-2013/

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