Dayton Superior
TypePrivate
IndustryConcrete Construction
Founded1924 (1901)
Headquarters
Dayton, Ohio
,
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
Number of employees
1,063
Websitehttp://www.daytonsuperior.com

Dayton Superior Corporation is a global[3] company serving the nonresidential 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

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] The stint in the public markets did not last long, as the company filed for Chapter 11 bankruptcy.[17] The company emerged from bankruptcy later that year with significantly less debt[18][19] and a new capital management group in Oaktree Capital Management.[20] The company then relocated to its current headquarters in Miamisburg, Ohio in 2010[6]

Milestones and acquisitions timeline

  • 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)[21]
  • 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)[22]
  • 2000 – Acquired Conspec (chemicals)[23]
  • 2000 – Purchased by Odyssey Investment Partners[24]
  • 2001 – Acquired Aztec (accessories)[25]
  • 2003 – Acquired Safway (forming)[26]
  • 2006 – IPO – Shares traded on Nasdaq[16]
  • 2009 – Successfully exited bankruptcy led by Oaktree Capital Management[20]
  • 2010 – Sold Dur-O-Wal (masonry)[27]
  • 2010 – Acquired Unitex (chemicals),[28] Universal Building Products (accessories), and Block Heavy & Highway (paving)[29]
  • 2014 - Opened The Innovation Center at Corporate Miamisburg[30]

References

  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. 1 2 "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. 1 2 Archived 2014-06-06 at archive.today
  10. 1 2 3 "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. 1 2
  13. ↑ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  14. 1 2 "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  15. 1 2 "Symons Corporation: Private Company Information - Businessweek". Investing.businessweek.com. Archived from the original on June 6, 2014. Retrieved 2014-06-07.
  16. 1 2 "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 files for Chapter 11 - Dayton Business Journal". Bizjournals.com. 2009-04-20. Retrieved 2014-06-07.
  18. ↑ "Dayton Superior to exit bankruptcy - Dayton Business Journal". Bizjournals.com. 2009-10-15. Retrieved 2014-06-07.
  19. ↑ "Dayton Superior leaves bankruptcy, looks ahead to new HQ". www.daytondailynews.com. Retrieved 2014-06-07.
  20. 1 2 "Dayton Superior Exits Chapter 11 with Substantially Lower Debt". Bloomberg. Retrieved 2014-06-07.
  21. ↑ "Dayton Superior Corp" (TXT). Sec.gov. Retrieved 2015-03-16.
  22. ↑ "Dayton Superior buys Cempro, a $5 million sales manufacturer - Dayton Business Journal". Bizjournals.com. 1999-01-13. Retrieved 2014-06-07.
  23. ↑ "Dayton Superior acquires $22M revenue Conspec - Dayton Business Journal". Bizjournals.com. 2000-05-25. Retrieved 2014-06-07.
  24. ↑ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. Archived from the original on 2014-06-06. Retrieved 2014-06-07.
  25. ↑ "Dayton Superior acquires Aztec Concrete - Dayton Business Journal". Bizjournals.com. 2001-01-05. Retrieved 2014-06-07.
  26. ↑ "Odyssey Investment Partners, LLC". Odysseyinvestment.com. 2003-07-28. Retrieved 2014-06-07.
  27. ↑ "Dayton Superior to sell masonry line - Dayton Business Journal". Bizjournals.com. 2010-04-01. Retrieved 2014-06-07.
  28. ↑ "Unitex Chemicals sells to Dayton Superior, will keep Kansas City presence - Kansas City Business Journal". Bizjournals.com. 2010-09-13. Retrieved 2014-06-07.
  29. ↑ "Dayton Superior Acquires Iowa-Based Steel Infrastructure Product Supplier". Azobuild.com. 2011-01-04. Retrieved 2014-06-07.
  30. ↑ Superior, Dayton (2014-07-17), Dayton Superior- Innovation Center, retrieved 2018-09-19
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