![]() You can only assume they are doing their best to bring in enough customers for sustained work. I never worked inside where there was air conditioning so I can't speak confidently what that part of the business is like. Benefits are good, pay is average considering the area. If you take care of the machines, the machines will take care of you and your family. Lastly, a good maintenance team will do wonders. It just sucks that what they have as far as equipment is outdated and in need of repair/replacement. Management honestly does their best with what they have. Working machines was another issue just before I left and you can see how much that bogged down certain processes in the plan creating a bottleneck affect in departments which in turn affects production hours. Also, hours are based on what sales can bring in so don't be surprised if your hours are cut in the fall/winter. Night shift is a bit cooler but it's still hot when you come in just before 5pm and leave at around 3am. It's not easy because you are performing a routine task just about everyday in a hot and humid environment for at least 6 months of the year working at least 10 hours a day wearing a lot of PPE. You get what you put in and it's not easy. We intend to drive profitable growth by providing the company with the financial resources to invest in commercial and operational excellence."Īs at 0930 GMT, CRH’s London-listed shares were down 3% at 3,268.0p.ĬRH is due to publish full-year results on Thursday.It's a tough job but rewarding nonetheless. Raquel Vargas Palmer, co-managing partner at KPS, said: "OBE is the one-stop-shop for every critical product a glazing industry customer needs, and the company serves attractive, growing end-markets. Proceeds from the sale will be incorporated into the group’s capital allocation resources. In a statement, Dublin-based CRH - one of the world’s largest building materials companies - said: "The decision to divest at an attractive valuation follows a comprehensive review of the business and demonstrates CRH’s active approach to portfolio management, the efficient allocation of capital and the creation of a simpler and more focused group." The sale process, which was started last year, is understood to have attracted a number of suitors. As at 30 June 2021, gross assets were $2.5bn. OBE, which employs more than 6,700 people, generated around $337m in annual earnings before interest, tax, depreciation and amortisation in 2020. The deal consists of $3.45bn in cash and a transfer of lease liabilities of $0.35bn. Based in Dallas, Texas, OBE’s biggest market is North America. The business, a specialist in glass building products, is being acquired by New York-based private equity firm KPS Capital Partners. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes. CRH Plc, one of the world’s biggest building materials companies, is selling its Oldcastle Building Envelope unit to buyout firm KPS Capital Partners for 3.8 billion including debt.Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds For more information on Oldcastle BuildingEnvelope, visit About CRH CRH (LSE: CRH, ISE: CRG, NYSE: CRH) is the leading building materials business in the world, employing approximately 77,400 people at around 3,200 operating locations in 28 countries.Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so.Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services.Obtains access to the information in a personal capacity.I am a private investor* I am not a private investor *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
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