Sources: Oldcastle Infrastructure, Atlanta; CP staff
Oldcastle Infrastructure has acquired Evanston, Ill.-based Concrete Specialties Co., which serves drainage and utility markets from four pipe and precast operations, and provides what management notes is “an excellent platform” for the upper Midwest. “Oldcastle Infrastructure is proud to partner with Concrete Specialties, and we are excited to expand our water management offering into Illinois and Wisconsin,” affirms President Simon Bates.
Expanded capacity from asset acquisitions involving two peer operators, coupled with recession-rooted market rationalization, have positioned Evanston, Ill.-based Concrete Specialties Co. as a pipe and drainage structure leader serving northeastern Illinois and southern Wisconsin, from Milwaukee to Madison. From its Chicago home base, the family-owned operator covers a 75- to 150-mile market radius for concrete pipe, manhole and box culvert with plants in Elgin, Franklin Park and Romeoville, Ill., plus Kenosha, Wis.