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Forterra, Inc. (FRTA)
24  0 (0%)  04-24 15:47
Open: 23.97
High: 24
Low: 23.97
Volume: 550,388
Market Cap: 0(M)
PE Ratio: 14.37
Exchange: NASDAQ Global Select
Industry: Construction
Sector: Industrials
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52w High: 24.01
52w Low: 22.6
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Forterra, Inc. operates as a key manufacturer and supplier of pipe and precast concrete products throughout the United States, Canada, and Mexico. The company structures its business into two principal divisions: Drainage Pipe & Products, and Water Pipe & Products. Within its Drainage Pipe & Products segment, Forterra offers a wide array of concrete drainage pipes, which are crucial for managing stormwater, supporting residential and commercial site developments, facilitating sanitary sewer systems (including low-pressure force mains), and constructing tunneled systems, treatment plant piping, and utility tunnels. This division also provides various precast concrete items like box culverts, utility vaults, manholes, drainage inlets, and pipe end sections, indispensable for roadway and airport drainage, effective stormwater management, utility construction, and water treatment and filtration systems. Further specialized products include architectural panels for building construction, modular railroad crossings, sturdy retaining wall and stormwater treatment systems, highway noise barriers, and concrete vaults designed to enclose dry or wet utilities. The company also manufactures structural elements such as hollow-core planks, prestressed bridge girders, beams, columns, wall panels, stairs, garage floors, and architectural claddings for applications in parking garages and various bridge types (arched and modular). Additional offerings consist of precast concrete bridge girders for highway developments, precast foundations to support prefabricated shelters or equipment buildings, and specialized precast units engineered to consolidate and safeguard underground electrical and communication cables, alongside advanced stormwater technologies. The Water Pipe & Products segment focuses on ductile iron pipes, essential for the dependable transmission and distribution of potable water and wastewater. It also produces concrete pressure pipes for diverse high-pressure uses, including water transmission and distribution, cooling water lines for power plants, and sewage force mains for both waste and stormwater. This segment's product range is completed with prestressed concrete and bar-wrapped concrete pipes. Forterra, Inc. was established in 1899 and is headquartered in Irving, Texas. As of March 18, 2022, the company functions as a subsidiary under Quikrete Holdings, Inc.

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