Dayton Superior

{{Infobox company

| name = Dayton Superior Corporation

| logo = Dayton Superior Logo.pdf

| logo_caption =

| image =

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| type = Private

| traded_as = {{NASDAQ was|DSUP}}

| industry = Building materials
Manufacturing

| foundation = {{start date and age|1924}}

| founder =

| location_city = Dayton, Ohio

| location_country = United States

| locations =

| area_served = North America, Central America, South America, Australia

| key_people = Mark D. Carpenter,{{Cite web|url=http://www.daytonsuperior.com/about/our-executive-team|title=Our Executive Team|website=www.daytonsuperior.com|access-date=2019-02-08}} CEO; Thomas Chieffe Executive Chairman{{Cite web|url=https://www.marketscreener.com/business-leaders/Thomas-Chieffe-065YT2-E/biography/|title=Thomas N. Chieffe – Biography|last=MarketScreener|website=www.marketscreener.com|access-date=2018-09-19}}
Daniel T. Dolson, CFO and Executive Vice President;

| products = Accessories, Chemicals, Forming

| brands = Dayton Superior, Symons, Unitex, Accubrace, Aztec

| production =

| services = Engineering

| revenue =

| operating_income =

| net_income =

| assets =

| equity =

| owner = Oaktree Capital Management

| num_employees = 1,063

| parent =

| divisions =

| subsid =

| homepage = {{url|http://www.daytonsuperior.com}}

| footnotes =

}}

Dayton Superior Corporation is an American building materials and manufacturing company. It is a provider and{{cite web|url=http://www.bizjournals.com/dayton/print-edition/2013/09/20/dayton-superior-ceo-sets-gaze-across.html |title=Dayton Superior CEO sets gaze across the globe – Dayton Business Journal |publisher=Bizjournals.com |date=2013-09-20 |accessdate=2014-06-07}} distributor of value-added, engineered products for the North American concrete construction industry.{{cite web|url=http://rermag.com/trends_analysis/headlinenews/dayton-superior-emerges-bankruptcy-103009|title=Dayton Superior Emerges From Bankruptcy Protection|work=rermag.com|access-date=2014-06-06|archive-url=https://web.archive.org/web/20150403081802/http://rermag.com/trends_analysis/headlinenews/dayton-superior-emerges-bankruptcy-103009|archive-date=2015-04-03|url-status=dead}} Dayton Superior has four main product lines of Concrete Accessories, Chemicals, Forming, and Paving with 117 patents for such products.{{cite web|url=http://www.bizjournals.com/dayton/blog/morning_call/2013/09/miamisburg-company-granted-its-117th.html |title=Miamisburg company granted its 117th patent – Dayton Business Journal |publisher=Bizjournals.com |date=2013-09-19 |accessdate=2014-06-07}} The headquarters is in Dayton, Ohio.{{cite web|url=http://www.bizjournals.com/dayton/stories/2009/10/26/daily66.html |title=Dayton Superior relocating HQ to Miamisburg – Dayton Business Journal |publisher=Bizjournals.com |date=2009-10-29 |accessdate=2014-06-07}} There are 30 other office/warehouse locations throughout the US, Canada, Colombia, and Panama.{{cite web |url=http://www.daytonsuperior.com/HumanResources/Location/default.aspx |title=Locations |publisher=Daytonsuperior.com |accessdate=2014-06-07 |archive-url=https://web.archive.org/web/20120419130154/http://www.daytonsuperior.com/HumanResources/Location/default.aspx |archive-date=2012-04-19 |url-status=dead }}{{cite web|url=http://daytonsuperior.com|title=Home|work=daytonsuperior.com}}

History

Dayton Sure-Grip & Shore[http://www2.sos.state.oh.us/pls/bsqry/f?p=100:7:204321242239728::NO:7:P7_CHARTER_NUM:278345] {{webarchive|url=https://archive.today/20140606130134/http://www2.sos.state.oh.us/pls/bsqry/f?p=100:7:204321242239728::NO:7:P7_CHARTER_NUM:278345|date=2014-06-06}} was founded in 1924{{cite web|url=http://edgar.secdatabase.com/356/91205796010996/filing-main.htm |title=DAYTON SUPERIOR CORP, Form S-1/A, Filing Date May 29, 1996 |publisher=secdatabase.com |accessdate =May 15, 2018}} 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, 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.{{cite web|author=WISEMAN, District Judge. |url=https://casetext.com/case/bonee-v-l-m-const-chemicals |title=BONEE v. L M CONST. CHEMICALS, 518 F. Supp. 375 (M.D. Tenn. 1981) |publisher=Casetext.com |date=1981-07-23 |accessdate=2014-06-07}} After the purchase of Superior Concrete Accessories in 1982, the company changed their name to Dayton Superior Corporation.[http://www2.sos.state.oh.us/reports/rwservlet?imgc&Din=F019_1225]{{dead link|date=March 2015}}

A series of acquisitions followed, leading to international expansion{{cite web|url=https://www.sec.gov/Archives/edgar/data/854709/000095015201002073/0000950152-01-002073.txt |format=TXT |title=Dayton Superior Corp |publisher=Sec.gov |accessdate=2015-03-16}} (purchased Superior Concrete Accessories of Toronto and Cogan Wire Company of Montreal), and the purchase of Symons Corporation.{{cite web|url=https://www.sec.gov/Archives/edgar/containers/fix068/854709/0000950152-97-003097.txt |format=TXT |title=Dayton Superior Corp |publisher=Sec.gov |accessdate=2015-03-16}} Symons specialized in form systems, and manufactured shoring, formliners, and chemicals, drastically expanding Dayton Superior's number of products offered.{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapid=935834 |archive-url=https://archive.today/20140606131752/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapid=935834 |url-status=dead |archive-date=June 6, 2014 |title=Symons Corporation: Private Company Information – Businessweek |publisher=Investing.businessweek.com |date= |accessdate=2014-06-07}}

In 2006, Dayton Superior went public (NASDAQ: DSUP).{{cite web|url=https://www.reuters.com/article/2006/12/19/daytonsuperior-ipo-idUSN1932227720061219 |archive-url=https://archive.today/20140606130902/http://www.reuters.com/article/2006/12/19/daytonsuperior-ipo-idUSN1932227720061219 |url-status=dead |archive-date=June 6, 2014 |title=Dayton Superior IPO raises $94.2 mln, below range |publisher=Reuters |date=2006-12-19 |accessdate=2014-06-07}} Three years later, the company again went private, led by Oaktree Capital Management.{{Cite web |date=October 15, 2009 |title=Dayton Superior’s reorganization approved |url=https://www.daytondailynews.com/business/dayton-superior-reorganization-approved/ImTDeSwdfPuOuDew9Ux4pO/ |website=Dayton Daily News}} The company then relocated to its current headquarters in Miamisburg, Ohio in 2010

Milestones and acquisitions timeline

  • 1901 – Symons founded
  • 1924 – Dayton Sure Grip & Shore founded
  • 1982 – Superior Concrete Accessories acquired – company name changed to Dayton Superior Corporation
  • 1995 – Acquired Dur-O-Wal, Inc. (masonry)
  • 1996 – Acquired Steel Structures, Inc. (paving){{cite web|url=https://www.sec.gov/Archives/edgar/containers/fix068/854709/0000950152-97-002948.txt |format=TXT |title=Dayton Superior Corp |publisher=Sec.gov |accessdate=2015-03-16}}
  • 1996 – IPO – Shares traded on the New York Stock Exchange
  • 1997 – Acquired Symons Corporation (forming) and Richmond Screw Anchor (accessories)
  • 1999 – Acquired Cempro (chemicals){{cite web|url=http://www.bizjournals.com/dayton/stories/1999/01/11/daily9.html |title=Dayton Superior buys Cempro, a $5 million sales manufacturer – Dayton Business Journal |publisher=Bizjournals.com |date=1999-01-13 |accessdate=2014-06-07}}
  • 2000 – Acquired Conspec (chemicals){{cite web|url=http://www.bizjournals.com/dayton/stories/2000/05/22/daily20.html |title=Dayton Superior acquires $22M revenue Conspec – Dayton Business Journal |publisher=Bizjournals.com |date=2000-05-25 |accessdate=2014-06-07}}
  • 2000 – Purchased by Odyssey Investment Partners{{cite web |url=http://www.odysseyinvestment.com/index.php?page=news-show&id=1 |archive-url=https://archive.today/20140606130843/http://www.odysseyinvestment.com/index.php?page=news-show&id=1 |url-status=dead |archive-date=2014-06-06 |title=Odyssey Investment Partners, LLC |publisher=Odysseyinvestment.com |accessdate=2014-06-07 }}
  • 2001 – Acquired Aztec (accessories){{cite web|url=http://www.bizjournals.com/dayton/stories/2001/01/01/daily22.html |title=Dayton Superior acquires Aztec Concrete – Dayton Business Journal |publisher=Bizjournals.com |date=2001-01-05 |accessdate=2014-06-07}}
  • 2003 – Acquired Safway (forming){{cite web|url=http://www.odysseyinvestment.com/?page=news-show&id=13 |title=Odyssey Investment Partners, LLC |publisher=Odysseyinvestment.com |date=2003-07-28 |accessdate=2014-06-07}}
  • 2006 – IPO – Shares traded on Nasdaq
  • 2009 – Taken private by Oaktree Capital Management{{Cite web |title=Dayton Superior’s reorganization approved |url=https://www.daytondailynews.com/business/dayton-superior-reorganization-approved/ImTDeSwdfPuOuDew9Ux4pO/ |access-date=2024-03-26 |website=dayton-daily-news |language=English}}
  • 2010 – Sold Dur-O-Wal (masonry){{cite web|url=http://www.bizjournals.com/dayton/stories/2010/03/29/daily27.html |title=Dayton Superior to sell masonry line – Dayton Business Journal |publisher=Bizjournals.com |date=2010-04-01 |accessdate=2014-06-07}}
  • 2010 – Acquired Unitex (chemicals),{{cite web|url=http://www.bizjournals.com/kansascity/stories/2010/09/13/daily9.html |title=Unitex Chemicals sells to Dayton Superior, will keep Kansas City presence – Kansas City Business Journal |publisher=Bizjournals.com |date=2010-09-13 |accessdate=2014-06-07}} Universal Building Products (accessories) and Block Heavy & Highway (paving){{cite web|url=http://www.azobuild.com/news.aspx?newsID=12935 |title=Dayton Superior Acquires Iowa-Based Steel Infrastructure Product Supplier |publisher=Azobuild.com |date=2011-01-04 |accessdate=2014-06-07}}
  • 2014 – Opened The Innovation Center at Corporate Miamisburg{{Citation|last=Superior|first=Dayton|title=Dayton Superior- Innovation Center|date=2014-07-17|url=https://vimeo.com/101016949|access-date=2018-09-19}}
  • 2024 – Acquired HK Composites{{Cite web |date=2024-01-08 |title=Dayton Superior Acquires Utah-Based HK Composites |url=https://finance.yahoo.com/news/dayton-superior-acquires-utah-based-130000231.html |access-date=2024-03-27 |website=Yahoo Finance |language=en-US}}

References

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