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Oldcastle Infrastructure partners with Isle Utilities to assist minority-led utilities

Dec 16, 2024•over 1 year ago

Contract Type

partnership

United StatesManufacturingConstruction

Description

Oldcastle Infrastructure, a CRH Company, has announced a partnership with Isle Utilities to create a funding mechanism aimed at supporting the deployment of promising new water technologies in the United States through the 'Minority-Led U.S. Utilities Trial Reservoir.' This initiative will provide technology companies with loans for trialing new technologies at water utilities that advance social and/or environmental sustainability goals for local communities.

Company Information

Company

Oldcastle Infrastructure

Location

United States

About

Oldcastle Infrastructure, a subsidiary of CRH, is a leading provider of building materials, products, and services for infrastructure projects across several North American market sectors. With a focus on expanding its manufacturing capabilities and product offerings, the company has strategically acquired Cook Concrete Products to fill a geographic gap and enhance its service delivery in Northern California.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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