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Dayton Superior

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Dayton Superior Corporation
Company typePrivate
Nasdaq: DSUP
IndustryBuilding materials
Manufacturing
Founded1924; 100 years ago (1924)
Headquarters,
United States
Area served
North America, Central America, South America, Australia
Key people
Mark D. Carpenter,[1] CEO; Thomas Chieffe Executive Chairman[2]
Daniel T. Dolson, CFO and Executive Vice President;
ProductsAccessories, Chemicals, Forming
BrandsDayton Superior, Symons, Unitex, Accubrace, Aztec
ServicesEngineering
OwnerOaktree Capital Management
Number of employees
1,063
Websitewww.daytonsuperior.com

Dayton Superior Corporation is an American building materials and manufacturing company. It is a provider and[3] distributor of value-added, engineered products for the North American concrete construction industry.[4] Dayton Superior has four main product lines of Concrete Accessories, Chemicals, Forming, and Paving with 117 patents for such products.[5] The headquarters is in Dayton, Ohio.[6] There are 30 other office/warehouse locations throughout the US, Canada, Colombia, and Panama.[7][8]

History

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Dayton Sure-Grip & Shore[9] was founded in 1924[10] 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,[9] 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.[11] After the purchase of Superior Concrete Accessories in 1982, the company changed their name to Dayton Superior Corporation.[12]

A series of acquisitions followed, leading to international expansion[13] (purchased Superior Concrete Accessories of Toronto and Cogan Wire Company of Montreal), and the purchase of Symons Corporation.[14] Symons specialized in form systems, and manufactured shoring, formliners, and chemicals, drastically expanding Dayton Superior's number of products offered.[15]

In 2006, Dayton Superior went public (NASDAQ: DSUP).[16] Three years later, the company again went private, led by Oaktree Capital Management.[17] The company then relocated to its current headquarters in Miamisburg, Ohio in 2010[6]

Milestones and acquisitions timeline

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  • 1901 – Symons founded[15]
  • 1924 – Dayton Sure Grip & Shore founded[10]
  • 1982 – Superior Concrete Accessories acquired – company name changed to Dayton Superior Corporation[12]
  • 1995 – Acquired Dur-O-Wal, Inc. (masonry)[10]
  • 1996 – Acquired Steel Structures, Inc. (paving)[18]
  • 1996 – IPO – Shares traded on the New York Stock Exchange
  • 1997 – Acquired Symons Corporation (forming)[14] and Richmond Screw Anchor (accessories)
  • 1999 – Acquired Cempro (chemicals)[19]
  • 2000 – Acquired Conspec (chemicals)[20]
  • 2000 – Purchased by Odyssey Investment Partners[21]
  • 2001 – Acquired Aztec (accessories)[22]
  • 2003 – Acquired Safway (forming)[23]
  • 2006 – IPO – Shares traded on Nasdaq[16]
  • 2009 – Taken private by Oaktree Capital Management[24]
  • 2010 – Sold Dur-O-Wal (masonry)[25]
  • 2010 – Acquired Unitex (chemicals),[26] Universal Building Products (accessories) and Block Heavy & Highway (paving)[27]
  • 2014 – Opened The Innovation Center at Corporate Miamisburg[28]
  • 2024 – Acquired HK Composites[29]

References

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  1. ^ "Our Executive Team". www.daytonsuperior.com. Retrieved 2019-02-08.
  2. ^ MarketScreener. "Thomas N. Chieffe – Biography". www.marketscreener.com. Retrieved 2018-09-19.
  3. ^ "Dayton Superior CEO sets gaze across the globe – Dayton Business Journal". Bizjournals.com. 2013-09-20. Retrieved 2014-06-07.
  4. ^ "Dayton Superior Emerges From Bankruptcy Protection". rermag.com. Archived from the original on 2015-04-03. Retrieved 2014-06-06.
  5. ^ "Miamisburg company granted its 117th patent – Dayton Business Journal". Bizjournals.com. 2013-09-19. Retrieved 2014-06-07.
  6. ^ a b "Dayton Superior relocating HQ to Miamisburg – Dayton Business Journal". Bizjournals.com. 2009-10-29. Retrieved 2014-06-07.
  7. ^ "Locations". Daytonsuperior.com. Archived from the original on 2012-04-19. Retrieved 2014-06-07.
  8. ^ "Home". daytonsuperior.com.
  9. ^ a b [1] Archived 2014-06-06 at archive.today
  10. ^ a b c "DAYTON SUPERIOR CORP, Form S-1/A, Filing Date May 29, 1996". secdatabase.com. Retrieved May 15, 2018.
  11. ^ 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.
  12. ^ a b [2][dead link]
  13. ^ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  14. ^ a b "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  15. ^ a b "Symons Corporation: Private Company Information – Businessweek". Investing.businessweek.com. Archived from the original on June 6, 2014. Retrieved 2014-06-07.
  16. ^ a b "Dayton Superior IPO raises $94.2 mln, below range". Reuters. 2006-12-19. Archived from the original on June 6, 2014. Retrieved 2014-06-07.
  17. ^ "Dayton Superior's reorganization approved". Dayton Daily News. October 15, 2009.
  18. ^ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  19. ^ "Dayton Superior buys Cempro, a $5 million sales manufacturer – Dayton Business Journal". Bizjournals.com. 1999-01-13. Retrieved 2014-06-07.
  20. ^ "Dayton Superior acquires $22M revenue Conspec – Dayton Business Journal". Bizjournals.com. 2000-05-25. Retrieved 2014-06-07.
  21. ^ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. Archived from the original on 2014-06-06. Retrieved 2014-06-07.
  22. ^ "Dayton Superior acquires Aztec Concrete – Dayton Business Journal". Bizjournals.com. 2001-01-05. Retrieved 2014-06-07.
  23. ^ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. 2003-07-28. Retrieved 2014-06-07.
  24. ^ "Dayton Superior's reorganization approved". dayton-daily-news. Retrieved 2024-03-26.
  25. ^ "Dayton Superior to sell masonry line – Dayton Business Journal". Bizjournals.com. 2010-04-01. Retrieved 2014-06-07.
  26. ^ "Unitex Chemicals sells to Dayton Superior, will keep Kansas City presence – Kansas City Business Journal". Bizjournals.com. 2010-09-13. Retrieved 2014-06-07.
  27. ^ "Dayton Superior Acquires Iowa-Based Steel Infrastructure Product Supplier". Azobuild.com. 2011-01-04. Retrieved 2014-06-07.
  28. ^ Superior, Dayton (2014-07-17), Dayton Superior- Innovation Center, retrieved 2018-09-19
  29. ^ "Dayton Superior Acquires Utah-Based HK Composites". Yahoo Finance. 2024-01-08. Retrieved 2024-03-27.
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