Source: Foley Products Company LLC, Newnan, Ga. Foley Products is equipped to serve the southwest Florida drainage construction market with a full range of concrete pipe and precast structures after acquiring a second Sunshine State operation: Coastal Precast of Florida Inc., whose Fort Myers site is 15 miles from an existing Foley concrete pipe plant. The Coastal Precast plant joins…
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Foley and Precon confer on StormPrism intellectual property, territory
Sources: Foley Products Company LLC, Newnan, Ga.; Precon Products, Simi Valley, Calif., : CP staff Under an agreement with Precon Products, Foley Products has been assigned patents and trademarks for the StormPrism precast concrete structure in Canada and all U.S. markets excepting California. StormPrism installations are engineered to store large volumes of stormwater runoff underground and promoted for their ease…
Read MoreFoley Products to restart idle Georgia pipe, precast plant
Source: Foley Products Co. LLC, Columbus, Ga. A key player in Southeast drainage construction markets, Foley Products plans to resume operations in July at a previously dormant Waco, Ga. concrete pipe, box culvert, manhole, vault and specialty structures plant. The facility is projected to add 100,000-plus tons’ capacity in the long term, serve primarily Georgia and Alabama accounts, and bring…
Read MorePRODUCERS – MARCH 2018
Summit Materials has acquired Metro Ready Mix in Salt Lake City, along with Price Construction Co., a west Texas aggregates and asphalt producer and contractor and Mertens Construction Co., a central Missouri aggregates producer. At $120 million combined, the early-2018 deals strengthen the integrated producer’s platform businesses Kilgore Cos., West Valley City, Utah; Troy Vines Inc., Midland, Texas; and, ConAgg of Missouri.
Read MoreForterra, Foley complete Southeast asset shuffle
Sources: Forterra Inc., Irving, Texas; CP staff
In a deal with Columbus, Ga.-based concrete pipe and drainage structures operator Foley Products Co., Forterra has exchanged Alabama, Georgia and Tennessee plants for similar Mississippi and Texas assets plus $10 million in cash. The transaction reflects what Forterra notes is a continued focus on portfolio management to deliver long-term value by enhancing the company’s position in well-structured markets.
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