Aggregates and Roadbuilding March-April 2017 : Page 6
industry news Caterpillar Ventures invests in busybusy Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc., recently announced a strategic in-vestment in busybusy, a software develop-ment firm that helps customers optimize operations, specifically addressing real-time tracking of jobsite labour costs. The unique software application devel-oped by busybusy helps drive efficiencies and productivity on customers’ jobsites. “While we will continue to focus on driving productivity gains from equip-ment on the jobsite through our technol-ogy and services, we know this accounts for only a fraction of the costs our customers are managing,” said Caterpil-lar’s Construction digital and technology manager John Carpenter. “By leveraging the software developed by busybusy, we can now be able to offer labour manage-ment services for our customers, which we know is one of their most significant variable expenses on the jobsite. This investment is a natural extension of the work we are doing to offer customers a suite of digital offerings to help them be more successful.” busybusy’s technology will be offered to construction customers as a subscrip-tion based service, adding to the suite of offerings within Cat Connect. “Our mobile app automates labour and cost management with the contractor in mind. The real-time information we pro-vide helps construction companies become more efficient, productive and profitable,” said Isaac Barlow, busybusy CEO. Cat Connect Technologies and Services include hardware and software designed to improve customer operations, including Cat and non-Cat assets, as well as help customers leverage data gener-ated by their assets to boost business results and strengthen their competitive advantage. Burnco acquires Bestway Concrete Burnco Rock Products Ltd. has acquired Bestway Concrete Com-pany, a leading ready mix concrete and aggregate producer in the metro Denver and northern Colorado regions. “We are extremely pleased that Bestway is joining the Burnco family,” said Michael Powell, CEO of Burnco. “The combination of Burnco and Bestway will create a stronger company, with an exciting future. We are also excited to be expanding into the vibrant Colorado economy, where we see tremendous growth potential.” “We are also very pleased that the Bestway management team has agreed to stay on with the company,” added Clifford Hahne, vice-president of Burnco USA. “Bestway will still be locally managed, pro-viding continuity as well as ensuring our long-term success. Bestway will continue to deliver the same quality products, exceptional ser-vice and great value.” Bestway Concrete Company was founded in 1981 and currently has nine ready mix concrete plants, four aggregate pits and over 200 employees, all of whom are expected to remain with the business. The company provides high quality ready mix concrete and aggre-gates for a broad range of applications. “Bestway management and employees are pleased to be joining the Burnco family and we look forward to a strong future together,” stated Bestway president Gene Wagner. AEM launches Canada Working Group The Association of Equipment Manufacturers (AEM) is seeking member representatives to offer strategic guidance and direction on the development and execution of AEM’s ex-panding Canadian advocacy efforts. Participants will become part of AEM’s new Canada Work-ing Group. Group participation is open to member companies conducting business in the Canadian market. “Participating in the group will allow member company representatives the ability to help craft our industry’s positions on public policies affecting our industry’s growth and invest-ment both on the provincial and federal levels,” said Alex Russ, AEM director, international and regulatory affairs. Infrastructure investment, regulations, energy production, trade facilitation and agricultural policies are just some of the key issues that will be discussed. Members interested in learning more about the Canada Working Group should contact AEM’s Alex Russ at firstname.lastname@example.org or 202-898-9006. Rock to Road magazine is circulated free of charge to qualified individuals holding management and supervisory positions with companies engaged in the aggregate, roadbuilding, ready-mix concrete and asphalt production industry in Canada. The Publisher reserves the right to determine qualification. rocktoroad.com | web exclusives | videos | breaking news Paid subscriptions are available. Canada: $36.75 per annum including G.S.T. (six issues*); U.S. and Overseas: $60 US. *Includes annual Buyers’ Guide issue. Please send change of address with label from your last issue. All subscription correspondence must include your title/position, company name and address, postal code and telephone number. 6 | ROCKTOROAD | APRIL 2017
Caterpillar Ventures invests in busybusy
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