Barco Investment Group has acquired Construction Technology Laboratories, Inc. (dba CTLGroup), formerly a PCA subsidiary. Barco also acquired the PCA campus in Skokie, according to a news release from CTLGroup.
“We are excited about the purchase of CTLGroup and the historic PCA Campus,” says Cary Cohrs, Chairman of Barco Investment Group. “Through the many talented people working at CTLGroup, we expect the company will experience strong growth and further build upon its strong reputation as an industry leader.”
“PCA and CTLGroup have been an important part of the Skokie, Illinois landscape since 1968,” says Mike Ireland, PCA President & CEO. “PCA’s offices in Skokie and Washington, DC, will continue to represent America’s cement industry, while CTLGroup will get a chance to thrive under new ownership. We’re excited about the future of both organizations.”
PCA and CTLGroup staff will continue to work at the Skokie campus in addition to offices in the Washington, DC-metro area. In addition to Illinois and DC, the CTLGroup also serves clients from Texas, Florida, and Dawlat Qatar. CTLGroup began as the research and development arm of PCA in 1987 and became a PCA subsidiary in 1986, operating as an independent engineering, research and laboratory consulting firm.