Report summarizes 2021 and explores the key opportunities and challenges driving the Construction Materials industry in 2022

RALEIGH, NC, January 20, 2022 /24-7PressRelease/ — FMI Capital Advisors, a leading investment banking firm for companies that work and invest in the built environment, released its 2022 Construction Materials (CM) Outlook report entitled, “Seizing the Opportunities Ahead.” The report provides a brief recap of last year’s M&A activity and summarizes key drivers and challenges for the CM industry in 2022 and beyond.

Key highlights of the report include:

• The Infrastructure Investment and Jobs Act (IIJA) will continue to fuel the CM space. FMI expects to see strong, sustained demand for CM as projects to repair, maintain and modernize infrastructure kick off in 2022 and continue beyond 2026. As part of the IIJA, funding for highways and streets is projected to increase by as much as 55% over the previous FAST Act baseline.

• Labor shortages, inflation and supply chain issues will all impact production, and CM firms will need to address these factors when planning out future projects.

• Overall, FMI sees strong buyer appetite for M&A, with a focus on strategic deals.

“2021 was a very good year for construction producers. Passage of the IIJA will mean a significant increase in highway and street funding in 2022 and beyond, which will support continued M&A activity,” said George Reddin, managing director at FMI Capital Advisors. “While the infrastructure bill presents many opportunities, we are also faced with the reality that we don’t have enough skilled laborers needed for production.”

“Companies will need to evaluate resources and figure out their right approach moving forward. This report is intended to shed light on the opportunities and challenges they will face in the coming years, and how they will navigate them in order to succeed,” adds Rob Mineo, director at FMI Capital Advisors.

Download the full Construction Materials report here.

About FMI Capital Advisors
FMI Capital Advisors has dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships.

For more information, visit FMI Capital Advisors.

For the original version of this press release, please visit here