Dayton Superior
|
| |
| Private | |
| Industry | Concrete Construction |
| Founded | 1924 (1901) |
| Headquarters | Miamisburg, Ohio, United States |
Area served | North America, Central America, South America, Australia |
Key people |
James P. McRickard, CEO Lutz Richter, CFO and Vice President |
| Products | Accessories, Chemicals, Forming, and Paving |
| Brands | Symons, Unitex |
| Services | Engineering |
Number of employees | 1,063 |
| Website | http://www.daytonsuperior.com |
Dayton Superior Corporation is a global[1] company serving the nonresidential concrete construction industry.[2] Dayton Superior has four main product lines of Concrete Accessories, Chemicals, Forming, and Paving with 117 patents for such products.[3] The headquarters is in Miamisburg, Ohio.[4] There are 30 other office/warehouse locations throughout the US, Canada, Colombia, and Panama.[5][6]
History
Dayton Sure-Grip & Shore[7] was originally founded in 1924[8] by Art & Carl Kinnenger with help from Charles Danis and Fred Kramer. Carl Kinnenger held the patent on the snap tie design (to hold formwork together) and Dayton Sure-Grip & Shore was licensed to sell it in the U.S. out of their Downtown Dayton location.
In 1953, Danis Hunt Construction acquired Dayton Sure-Grip. After beginning bar support production in 1959, Sure-Grip, Inc is founded in 1960,[7] and the company relocated to Miamisburg, Ohio. In 1975, Dayton Sure-Grip purchased C&M Chemical Co. out of Sycamore, Illinois, beginning their production of chemicals.[9] After the purchase of Superior Concrete Accessories in 1982, the company changed their name to Dayton Superior Corporation.[10]
A series of acquisitions followed, leading to international expansion[11] (purchased Superior Concrete Accessories of Toronto and Cogan Wire Company of Montreal), and the purchase of Symons Corporation.[12] Symons specialized in form systems, and manufactured shoring, formliners, and chemicals, drastically expanding Dayton Superior's number of products offered.[13]
In 2006, Dayton Superior went public (NASDAQ: DSUP).[14] The stint in the public markets did not last long, as the company filed for Chapter 11 bankruptcy.[15] The company emerged out of bankruptcy later that year with significantly less debt[16][17] and a new capital management group in Oaktree Capital Management.[18] The company then relocated to its current headquarters in Miamisburg, Ohio in 2010[4]
Milestones and acquisitions timeline
- 1901 – Symons founded[13]
- 1924 – Dayton Sure Grip & Shore founded[8]
- 1982 – Superior Concrete Accessories acquired – company name changed to Dayton Superior Corporation[10]
- 1995 – Acquired Dur-O-Wal, Inc. (masonry)[8]
- 1996 – Acquired Steel Structures, Inc. (paving)[19]
- 1996 – IPO – Shares traded on the New York Stock Exchange
- 1997 – Acquired Symons Corporation (forming)[12] and Richmond Screw Anchor (accessories)
- 1999 – Acquired Cempro (chemicals)[20]
- 2000 – Acquired Conspec (chemicals)[21]
- 2000 – Purchased by Odyssey Investment Partners[22]
- 2001 – Acquired Aztec (accessories)[23]
- 2003 – Acquired Safway (forming)[24]
- 2006 – IPO – Shares traded on Nasdaq[14]
- 2009 – Successfully exited bankruptcy led by Oaktree Capital Management[18]
- 2010 – Sold Dur-O-Wal (masonry)[25]
- 2010 – Acquired Unitex (chemicals),[26] Universal Building Products (accessories), and Block Heavy & Highway (paving)[27]
References
- ↑ "Dayton Superior CEO sets gaze across the globe - Dayton Business Journal". Bizjournals.com. 2013-09-20. Retrieved 2014-06-07.
- ↑ "Dayton Superior Emerges From Bankruptcy Protection". rermag.com.
- ↑ "Miamisburg company granted its 117th patent - Dayton Business Journal". Bizjournals.com. 2013-09-19. Retrieved 2014-06-07.
- 1 2 "Dayton Superior relocating HQ to Miamisburg - Dayton Business Journal". Bizjournals.com. 2009-10-29. Retrieved 2014-06-07.
- ↑ "Locations". Daytonsuperior.com. Retrieved 2014-06-07.
- ↑ "Home". daytonsuperior.com.
- 1 2
- 1 2 3 "DAYTON SUPERIOR CORP - S-1/A - 19960529 - UNDERWRITING". Google.brand.edgar-online.com. Retrieved 2014-06-07.
- ↑ WISEMAN, District Judge. (1981-07-23). "BONEE v. L M CONST. CHEMICALS, 518 F. Supp. 375 (M.D. Tenn. 1981)". Casetext.com. Retrieved 2014-06-07.
- 1 2
- ↑ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
- 1 2 "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
- 1 2 "Symons Corporation: Private Company Information - Businessweek". Investing.businessweek.com. Retrieved 2014-06-07.
- 1 2 "Dayton Superior IPO raises $94.2 mln, below range". Reuters. 2006-12-19. Retrieved 2014-06-07.
- ↑ "Dayton Superior files for Chapter 11 - Dayton Business Journal". Bizjournals.com. 2009-04-20. Retrieved 2014-06-07.
- ↑ "Dayton Superior to exit bankruptcy - Dayton Business Journal". Bizjournals.com. 2009-10-15. Retrieved 2014-06-07.
- ↑ "Dayton Superior leaves bankruptcy, looks ahead to new HQ". www.daytondailynews.com. Retrieved 2014-06-07.
- 1 2 "Dayton Superior Exits Chapter 11 with Substantially Lower Debt". Bloomberg. Retrieved 2014-06-07.
- ↑ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
- ↑ "Dayton Superior buys Cempro, a $5 million sales manufacturer - Dayton Business Journal". Bizjournals.com. 1999-01-13. Retrieved 2014-06-07.
- ↑ "Dayton Superior acquires $22M revenue Conspec - Dayton Business Journal". Bizjournals.com. 2000-05-25. Retrieved 2014-06-07.
- ↑ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. Retrieved 2014-06-07.
- ↑ "Dayton Superior acquires Aztec Concrete - Dayton Business Journal". Bizjournals.com. 2001-01-05. Retrieved 2014-06-07.
- ↑ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. 2003-07-28. Retrieved 2014-06-07.
- ↑ "Dayton Superior to sell masonry line - Dayton Business Journal". Bizjournals.com. 2010-04-01. Retrieved 2014-06-07.
- ↑ "Unitex Chemicals sells to Dayton Superior, will keep Kansas City presence - Kansas City Business Journal". Bizjournals.com. 2010-09-13. Retrieved 2014-06-07.
- ↑ "Dayton Superior Acquires Iowa-Based Steel Infrastructure Product Supplier". Azobuild.com. 2011-01-04. Retrieved 2014-06-07.