Sources: Jensen Precast, Sparks, Nev.; CP staff
Already one of the top independent producers in underground, utility and non-architectural structures, Jensen Precast has strengthened its West Coast presence with the acquisition of Teichert Precast Concrete Products plants in Sacramento and Stockton, Calif. The transaction positions the buyer with eight Golden State plants.
“Teichert has been in the precast concrete business in northern California for 70 years,” says Don Jensen, founder and chief executive officer. “They’ve built a great reputation of providing excellent customer service and quality products. That’s the same way we’ve built Jensen Precast since 1968, so agreeing to acquire their precast assets when they decided to sell was an easy decision.”
“We feel this arrangement with Teichert Precast will be of great benefit to both companies,” adds Jensen Precast President Tony Shanks. “We’re happy we can step in to continue to serve Teichert’s current customers with expanded product lines such as handholes and meter boxes; onsite wastewater treatment; prepackaged pump and lift stations; stormwater treatment; rainwater harvesting; retaining walls; and box culverts—to name a few.”
For years, the two companies have provided precast concrete infrastructure products to many of the same customers in central and northern California, including AT&T, Caltrans, Frontier Communications, Merced Irrigation District, Modesto Irrigation District, Pacific Gas & Electric, and Turlock Irrigation District. The Stockton and Sacramento operations join 11 Jensen Precast plants in Nevada, Arizona, California and Hawaii. Among Teichert Precast managers transitioning to Jensen Precast are Division Manager Dave Bargsten and Sales Manager Garrett Flores.